North sea oil workers prepare to strike
Shell is to face strikes on eight of its platforms in the North sea next week from more than 300 maintenance and engineering workers from the Wood Group.
The workers will stage a 24 hour strike on Tuesday in protest against pay cuts following a near unanimous vote by Unite and RMT unions.
It will be the most significant action of its kind in almost three decades.
Oil price drops
The industry continues to face concerns about the price of crude, as it dropped by 1.5% on the New York Exchange on Monday.
It comes amid ongoing concerns about increasing oversupply and dropping demand.
But global financial services firm Morgan Stanley said it expected a rebalancing of supply and demand within a year.
Philippines won’t recognise Paris deal, says new president
The Philippines’ government looks like it may turn its back on the COP21 climate change deal, as president Rodrigo Duterte accuses it of limiting economic growth.
“You are trying to stifle us….That’s stupid. I will not honour that….That’s not my signature,” he said in a speech on Monday.
The Paris deal becomes effective when 55 countries covering 55% of the world’s emissions formally sign up.
In other news:
Climate change: Soaring temperatures will make it too hot to work, UN warns