Brazil union set to accept Petrobras labor offer, end strike

December 22, 2025 3:48 PM EST

FILE PHOTO: A view shows the logo of Brazilian state-run oil firm Petrobras in Rio de Janeiro, Brazil June 5, 2025. REUTERS/Ricardo Moraes/File Photo

SAO PAULO, ⁠Dec 22 (Reuters) - ⁠Brazilian ‍oil workers union FUP said on Monday it plans ‍to accept a counteroffer from ​state-run company Petrobras for a labor deal, ​paving the way to end a week-long strike.

In a statement published on social media, ​FUP said a majority of its board had approved signaling ​it would accept the oil firm's counteroffer, which ‌still requires approval from workers. It did not provide further details.

Petrobras ​in a separate ⁠statement confirmed it had made "adjustments" to its latest collective ‌labor proposal, "including advances on key union demands," and added the strike has ‌not affected production or market supply.

The strike ‌stems from an ongoing dispute over a deficit in the company's pension fund ‍and proposed changes to employee compensation, among other issues. ⁠It hit oil platforms, refineries and biodiesel plants, according to unions.

(Reporting by Roberto Samora and Andre Romani; Editing by Gabriel Araujo)



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