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bp Whiting Statement: USW leaves negotiations and delays progress. bp Whiting committed to staying at the table.

prnewswire.com
BP The article focuses on labor negotiations at the bp Whiting refinery. While it details the company's stance and commitment to bargaining, it does not provide financial performance or market outlook information, making sentiment analysis for the stock difficult.

bp Whiting Statement: USW leaves negotiations and delays progress. bp Whiting committed to staying at the table. WHITING, Ind., May 18, 2026 /PRNewswire/ -- Today, bp Whiting refinery returned to the bargaining table prepared to continue good-faith negotiations with the United Steelworkers (USW) Local 7-1. We were hopeful for productive conversations, and are disappointed that the union chose to leave the bargaining table without meaningfully engaging on the issues that remain unresolved.

During today's meeting, the USW again requested that bp Whiting refinery lift the lockout, but were still unwilling to resume meaningful discussions on items critical to the future of the refinery. bp Whiting refinery can continue to negotiate during the lockout, and we remain ready to do so. However, we cannot return to operating under the prior agreement, which presented safety and operational risk.

bp Whiting refinery's proposal is designed to modernize the agreement to support sustainable, reliable operations for the long term. It includes:

For background:

For nearly two months after the lockout began, the USW refused to engage beyond proposing a return to work under the old agreement without resolving outstanding issues. The Whiting refinery's highly skilled workforce continues to operate safely, reliably, and compliantly. There are no current impacts to operations.

bp Whiting refinery remains a significant contributor to Northwest Indiana and the state, with more than 2,700 bp Whiting refinery employees in Indiana, more than 97,000 jobs supported in Indiana, more than $1 billion spent annually with vendors at Whiting, more than $48 million in state and local taxes paid, and more than $3.5 million in community investment since 2020.

We remain committed to bargaining in good faith for sustainable, reliable operations for the long term and bringing employees back once an agreement is reached. bp Whiting refinery will continue to be present and negotiate in good faith, and we hope the union will return to join us for the benefit of our employees, the refinery, and the Northwest Indiana community.

More information: www.whitingnegotiations.com

Media inquiries: [email protected]

SOURCE bp America