Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Factbox-Strikes knock already struggling French refined products sector
    Top Stories

    Factbox-Strikes knock already struggling French refined products sector

    Published by Jessica Weisman-Pitts

    Posted on September 29, 2022

    3 min read

    Last updated: February 4, 2026

    This image illustrates the ongoing strikes affecting French refineries, highlighting the impact on the refined products sector amidst rising inflation and supply challenges. The article discusses significant outages at Exxon Mobil's and TotalEnergies' facilities.
    Image depicting refinery strikes in France impacting oil production - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:oil and gasenergy marketfinancial crisiseconomic growth

    By Rowena Edwards and Forrest Crellin

    (Reuters) -More than 60% of France’s refining capacity is off line as strikes over pay and unplanned maintenance pile pressure on the refined products sector.

    The outages come as Europe looks to ease its dependence on Russian fuel.

    Here are the oil companies and sites affected by strike action and outages:

    EXXON MOBIL

    French unions CGT and Force Ouvriere called for a strike on Sept. 20 following wage negotiations with Exxon Mobil related to rising inflation in Europe.

    Strike action continued on Sept. 28 with wage discussions still underway, an Exxon Mobil spokesperson told Reuters.

    “We have temporarily put limitations in place for customers in accordance with the terms of our supply contracts. We have a supply response team in place to supply product from unaffected sources,” the spokesperson said.”

    PORT JEROME-GRAVENCHON

    Exxon began gradually closing the 240,000 barrel per day (bpd) Port Jerome-Gravenchon oil refinery on Sept. 20, which was completed on the weekend of Sept. 24.

    NOTRE DAME DE GRAVENCHON PETROCHEMICAL SITE

    Exxon began closing the NGD petrochemical site on Sept. 20 as a result of strike action and completed the shutdown on the weekend of Sept. 24.

    FOS-SUR-MER

    Strike action spread to Exxon’s 140,000 bpd Fos-Sur-Mer refinery on Sept. 21, leading to a gradual shutdown of the plant, which was completed on the weekend of Sept. 24.

    TERMINALS

    Workers at Exxon’s Toulouse depot joined the strike on Sept. 22 but Exxon said that operations at its terminals have not been impacted.

    TOTALENERGIES

    French union CGT began a three-day strike over wages on Sept. 27 across TotalEnergies’ five French refineries, mainly hitting deliveries.

    TotalEnergies said it had anticipated measures to guarantee supplies across its network of service stations.

    GONFREVILLE

    TotalEnergies is temporarily halting production at its 240,000 barrel-per-day Gonfreville refinery, the company said on Wednesday.

    A possible continuation of the strike at the site will be decided on Thursday evening, CGT union delegate Thierry Defresne said.

    DELIVERIES

    Six TotalEnergies refining and distribution sites were impacted by strike action on Thursday, a memo from the union seen by Reuters showed.

    No product was leaving Gonfreville, the 102,000 bpd Grandpuits refinery, the 119,000 bpd Feyzin oil refinery, the 230,000 bpd Donges refinery, or the La Mede biorefinery, the memo showed.

    FEYZIN REFINERY

    TotalEnergies’ 119,000 barrel per day (bpd) Feyzin oil refinery in southern France was taken offline on Sept. 16 after a leak at the fluid catalytic cracking unit.

    The refinery is likely to remain closed for 4-6 weeks from that date, CGT union delegate Thierry Defresne said.

    DEPOTS

    Product transport from the Cote d’Opale fuel storage depots near Dunkirk has stopped since Sept. 27, CGT union delegate Thierry Defresne said.

    (Reporting by Rowena Edwards in London and Forrest Crellin in Paris; Editing by Alexander Smith, Mark Potter and Kirsten Donovan)

    Frequently Asked Questions about Factbox-Strikes knock already struggling French refined products sector

    1What is a refinery?

    A refinery is an industrial facility where crude oil is processed and transformed into usable products like gasoline, diesel, and other petrochemicals.

    2What is inflation?

    Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power.

    3What are refined products?

    Refined products are fuels and other materials produced from the processing of crude oil, including gasoline, diesel, and jet fuel.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostUK’s Kwarteng: Mini budget was essential in resetting debate around growth
    Next Top Stories PostUK bond liquidity barely improves after BoE intervention – ING