Here's the link to a very detailed article from the UK Daily Mail regarding the current state of affairs:- www.dailymail.com/news/article-15878351/amp/GUY-ADAMS-BP-death-British-oil-giant-war-fossil-fuels.html
Day 1 of 100
Today marks day one for me posting a critical issue / incident about bp. DWH: Andy inglis required an announcement on a large oil discovery to continue the success story of bps deep exploration in GoA. As he often did he made a couple of calls... — read more
North Sea UK assets on sale and no takers
BP has finally realized that the UK North Sea sector is unsustainable and needs to divested and/or decommissioned. UK taxation authorities have made investment and upkeep untenable with a 78% tax rate. The asset condition are atrocious and will... — read more
It’s time for everything to come out.
Lots of posts deleted. Surely now everyone (employees, management, board, supply chain and peers) can see why bp has been a train wreck since Browne left. It’s culturally corrupt and that prevails everywhere. You can remove the cancer - it’s too late... — read more
Lightsource bp - any intel on what’s happening?
Whatever happened to the plan to bring in a partner / sell down Lightsource bp? Feels like this one disappeared into the bp “strategic review” black hole. Lots of noise when it was announced, then… tumbleweed. Anyone hearing anything credible? Is a... — read more
Finance layoffs
Anyone in finance care to comment on what's going on with you guys ? Hearing about large scale layoffs.... How many are affected, when is it happening/how long do they think it will take?
BP’s Changing of the Guard
BP will need to remove existing detrimental management and simplify its operations. Pretty impressive reduction in leadership recently. Who is next? Will our favorite Bette Noir be shown the door? KD is a survivor and worthy player
Adiós WL
It’s been something.
Board shenanigans
What were these secret foscussions that caused a clash between a board member and AM? The discussions have been described as a “deal” and “sensitive negotiations” and “essential discussions”. The plot thickens. It could range anywhere from something... — read more
Let’s Be Honest
The more I read these threads, the more I see the same people saying the same things. It’s a bit sad really. Former employees. Retirees. People who left years ago but still seem oddly invested in every headline and every rumour. I know a few of... — read more
AM WAS IN TOUCH WITH ELLIOTT
https://www.globalbankingandfinance.com/exclusive-ousted-bp-chair-met-activist-shareholder-elliott/ Don't know about you, but AM is growing on me. The company needs someone who is willing to give it a kick up the **.
BP cares too much about feelings and not enough about performance
From the Economist today…. Since 2020 as many people have run bp as have run Britain. Sir Keir Starmer, the fourth prime minister in as many years, promised to end the pantomime in Westminster. Last year Albert Manifold was appointed as chairman of... — read more
Wimbledon Tickets?
Here's an update from the UK Telegraph. It's behind a paywall, so I've copied it here. Seems AM was also questioning the hospitality spend, with particular reference to highly expensive Wimbledon tickets. I recall seeing photos of BL and his... — read more
Anyone else with 10 plus years of experience struggling with the market right now?
My experience so far hasn't been great, most places don’t even respond and the few that do say they already have way too many candidates for the same roles.
Manifold inadvertently announces thousands of layoffs
He also referred to BP's plans to lay off 'thousands of people', which has not previously been reported. Source... — read more
CoB Manifold was unjustly removed by KD
KD is showing her real nature and ability to sow and create chaos. KD is directly responsible for withholding BL indiscretions and now for removing Manifold with out cause. Another 10 million quid lawsuit
Can investors trust bp?
bp’s leadership and culture is broken. As an employee, I have lost all trust and faith in our c-suite and board of directors. Just imagine how all this looks to institutional investors. At some point they’re going to take their money and invest it... — read more
Class Action forming- Retaliatory PIPs
As many know bp rolled pips out again last year as a more underhanded way to get rid of employees vs doing restructuring every year. 😂 Unfortunately as many employees feared, there is now mounting multi-employee evidence building that PIPS are... — read more
One thing I know for sure
Nothing ever changes for the better around here. Especially for us lowly employees.
Kaskida says Macondo hold my beer 🍺
It’s clear that Macondo level magic is rearing its head in 2026 the FAFO year… Questimate First Oil Date and Peak Production… The future get cultivated today…
Leadership shakeup is not good for the stock, apparently
BP’s board said it had unanimously decided to remove Chairman Albert Manifold with immediate effect. London-listed shares of the company fell as much as 9% on the... — read more
This could be a great opportunity
Too bed we'll waste it once again by hiring a replacement who's even worse than his/her predecessor. Just sit and watch as history repeats itself.
New board, more instability
The unstable ship continues listing. Now Manifold is out, another leader thrown to the bin due to unacceptable conduct. No way to have a successful business with this many hands grabbing the wheel in such a short time. We’re having faster turnover... — read more
BP surpasses +100,000 employees and contractors. The highest headcount in bp’s History
Why did bp increase headcount 18% last year with ongoing strategic layoffs? Has AI permitted bp to be leaner and meaner? And simpler? Is bp’s AI a thing? Has bp’s super computer actually resolved making operations safer and more productive? Are the... — read more
New CFO?
Does Meg install a new CFO sooner than later?
LT Announcements
Many of the holes are being now plugged with today’s org announcements. AD to the Chief of staff office. That pretty much confirms CH can stop dual hat and will be head of downstream. Yet to be seen if Meg has the fortitude to send GB and WL... — read more
Kaskida Project. A world class boondoggle?
Hearing some great intel and insights that Kaskida is being challenged by Meg for potentially not meeting economic and technical hurdles… Please share your insights on this complex project that was rammed into FID by Murray’s go team…What does Elliot... — read more
All bp VP hired by BL and MA are still gainfully employed?
Time to clean the rot and remove these parasites now. bp deserves new people (internal and external) to ascend and take bp to a new level. Meg will not have the luxury of time…similar to Woodside there are cracks in the edifice and challenges... — read more
Lesson learned
I used to think HR was there to help employees and actually went to them with a complaint. Big mistake. Their only goal is to protect the company from us. They don't care about what happened, just how they can sweep it under the rug. Don't make the... — read more
Meg left Woodside for a reason. What will Meg’s legacy look like?
BP has seen a suitcase parade of clown CEOs enter and leave the company. How will Meg be different and what actions and results will she be remembered for? Legacy starts now…
bp North Sea Assets. When will be divest or decommission UK North Sea Assets?
BP is weighed down by North Sea UK assets. The hostile regulatory and taxation framework prevents meaningful investment and assets are entering a phase of operation that is not in BP’s wheelhouse. Meg will realize just like she did at Woodside that... — read more
All staff webcast
What did we think of Meg this time round?
Take Two video
What is this new Take Two video we’re doing in the US? It feels like a segment in a local tv news program. Can leaders just communicate with us without dressing it up like this? It feels so inauthentic and artificial. Bad vibes. Especially for OA... — read more
Castrol Digital Technology Vibe Check
To all Castrol colleagues, especially folks in Digital Technology, how are you guys feeling about the ringfence situation and the fact that you are being forced to move out of BP. Do you feel positive about the future or are you polishing your CVs?... — read more
Global webcast
So will our new fearless leader MO drop any bombshells during the global webcast next week? She’s gotta say something of substance, right?
Boomerang Earnings Call Q&A
An Analyst asked on the Earnings call if Meg thought there was a scenario where this discovery wouldn't proceed to development. He started his question by saying how big AF described it to be. She did not answer the Analyst's question about whether... — read more
Q1 results
All signs point to good results tomorrow with help from the blockade in the Straight of Hormuz. I’m sure we will say it is proof our strategy reset is working, and that we still have to make more “difficult” changes. Then cue layoffs announced around... — read more
Meg, hurry up and announce the reorg!
Put us out of our misery!
Aberdeen Hydrogen Hub - blame ?
Anyone seen the embarrassing BBC article about Aberdeen Hydrogen and BP involvement. Can BP shareholders find out how much BP invested ? Are there P45s now being handed out ?