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Abstract:Oil producer BP PLC on Wednesday said it will assist U.S. employees with travel expenses for covered health-care services that cannot be obtained near where an employee lives.

Oil producer BP PLC on Wednesday joined Shell PLC in pledging to cover travel expenses for U.S. employee health care treatment following a Supreme Court decision overturning the Constitutional right to an abortion.
Neither of the two European companies explicitly named abortion in their statements. They were the first oil producers to update their health care plans to extend benefits for women, while U.S. oil majors remained silent on the issue.
Amazon.com Inc JPMorgan Chase & Co, Tesla Inc and Walt Disney Co this week said they were updating or changing their health insurance policies to pay U.S. employees travel costs for out-of-state abortion services.
BP will “assist with travel expenses for covered health care services that cannot be obtained near where an employee lives,” the company said in response to questions over Fridays Supreme Court opinion overruling the Roe v. Wade decision.
The ruling ended federal protections and left each state to decide if it will permit the procedure.
Texas, home to thousands of oil and gas workers, is among 26 states planning to severely restrict or almost completely ban abortions. Women in those states who want to terminate an unwanted pregnancy will need to travel to states where the procedure is legal.
On Tuesday, Shell said it was updating its “national healthcare options to ensure access to a broad range of medical services, including those that require travel”.
Spokespeople for Exxon Mobil and Occidental Petroleum declined comment. Chevron Corp said “health care decisions are deeply personal,” and declined to comment on the Supreme Court decision.
“Chevrons U.S. employees can choose health insurance options that meet their needs,” the company said.
Top oilfield services firm Schlumberger, which has executive offices in Paris, the Hague, London and Houston, is “evaluating additional benefits — including some travel coverage” for U.S. employees following the ruling, a spokesperson said.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

As the Lunar New Year approaches, renewal is in the air. It is a moment to bid farewell to the old, welcome the new, and reflect while moving forward.

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