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QatarEnergy Signs 20-year Naphtha Supply Deal with Shell

QatarEnergy Signs 20-year Naphtha Supply Deal with Shell
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QatarEnergy Signs 20-year Naphtha Supply Deal with Shell

QatarEnergy Signs 20-year Naphtha Supply Deal with Shell

QatarEnergy has entered into a long-term naphtha supply agreement with Shell, supplying up to 18 million metric tons of naphtha to the London-listed company over 20 years from next April.

The project is part of the world's largest natural gas field, which Qatar shares with Iran, where it is known as South Pars, Reuters reported.

"We are delighted to sign QatarEnergy's first 20-year naphtha sales agreement, the largest and longest to date," said Saad al-Kaabi, the head of QatarEnergy and also state minister for energy.

QatarEnergy and Shell maintain a long-standing strategic partnership through multiple joint investments in Qatar and globally, including QatarEnergy's LNG projects, the Pearl GTL plant and other shared ventures.

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Starbucks Workers Expand Strike in US Cities Including New York

Starbucks workers hold signs as they picket during a strike in front of a Starbucks to demand collective bargaining agreements in Burbank, California on December 20, 2024. (AFP)
Starbucks workers hold signs as they picket during a strike in front of a Starbucks to demand collective bargaining agreements in Burbank, California on December 20, 2024. (AFP)
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Starbucks Workers Expand Strike in US Cities Including New York

Starbucks workers hold signs as they picket during a strike in front of a Starbucks to demand collective bargaining agreements in Burbank, California on December 20, 2024. (AFP)
Starbucks workers hold signs as they picket during a strike in front of a Starbucks to demand collective bargaining agreements in Burbank, California on December 20, 2024. (AFP)

Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday.

The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added New Jersey, New York, Philadelphia and St. Louis, Workers United said in a statement. It did not say where the New Jersey walkout was occurring.

Starbucks did not immediately respond to a request for comment outside regular business hours.

Talks between the coffee chain and the union hit an impasse with unresolved issues over wages, staffing and schedules, leading to the strike.

The union is striking in 10 cities, also including Columbus, Denver and Pittsburgh, during the busy holiday season that may impact the company's Christmas sales.

Workers United warned on Friday that the strike could reach "hundreds of stores" by Tuesday, Christmas Eve.

Starbucks began negotiations with the union in April. It said this month it had conducted more than eight bargaining sessions, during which 30 agreements had been reached.

The company operates more than 11,000 stores in the United States, employing about 200,000 workers.