United Steelworkers union approves national deal with Marathon Petroleum for 30,000 workers

The United Steelworkers union finalized a four-year deal with Marathon Petroleum today. The agreement grants a 15 percent pay raise and a $2,500 signing bonus.

Insights:
The United Steelworkers (USW) adopted a national four-year agreement on February 6, 2026, following negotiations with Marathon Petroleum Corporation . The agreement covers 30,000 oil industry workers and introduces a 15% increase in hourly pay alongside a $2,500 signing bonus. This development is significant as it immediately alters the compensation terms for refinery and chemical plant workers across the sector.
FILE PHOTO: A Marathon sign is seen outside the Marathon Petroleum (MPC.N) Detroit refinery in Detroit, Michigan, U.S., on September 9, 2024. REUTERS/Rebecca Cook/File Photo
FILE PHOTO: A Marathon sign is seen outside the Marathon Petroleum (MPC.N) Detroit refinery in Detroit, Michigan, U.S., on September 9, 2024. REUTERS/Rebecca Cook/File Photo
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