Seems like things just keep getting worse and worse with no indication of any improvements any time soon. I'm really not sure how much more of this I can take. If the economy was any better, I'd be on my way out this second. But with things the way... — read more
Naperville Site sold to INEOS with the Petrochemical sale
On Thursday we we're sent an email that the Naperville site has been sold to INEOS with the Petrochemical sale. "As part of its agreement to purchase bp’s global petrochemicals business, INEOS will also buy the full Naperville campus, including... — read more
Invest in BP or not?
Is it worth investing in BP or not? The share price is Pretty low again, I missed the boat in March. Just not sure whether to or not. Yours, noob investor
How much would be enough for you?
Do you think what we are getting as severance is enough? What do you think would be enough for you to leave this place "with no hard feelings," to put it like that?
EAP and Speak Up is for the company , not you
I know first hand an account of a former colleague who brought a credible account of corruption to Speak Up. The alleged corruption involved mgt including the TL in his or her organization, where it was apparent that employees were accepting kick... — read more
Has anyone heard what USPL is doing?
Rumor has it that the BP1 system custody transfer origin will soon be done by Magellan. Possible joint venture/buyout?
26% BPX Laid off today
Denver office layoffs. After moving people there a year ago.
BPX layoffs starting tomorrow
BPX layoffs starting tomorrow. Why is the schedule different than BP? Any chance the Denver office is closing?
BP to sell London HQ
News today that BP will be selling it’s London HQ.
Rankings have Begun
Tier 4 rankings have begun and are due Sep 11. There are 4 ranking criteria with performance being one of them. Not as favorable to be a delivers expectations and no SVP awards over the last 3 years. The other three criteria focus on professional... — read more
bp sells GoM network to Tampnet
Is this the beginning of bp selling off more US assets? I hope it is not the tip of the iceberg.
401k Match
Anyone else hearing rumor that 401k match is to be in half?????
EOI
So many requests denied. Why even bother with offering EOIs?
Most Stable Part of the Industry At A Major Oil Company- Midstream, Upstream, Downstream?
Just wondering what you guys think is the most stable part (less frequent layoffs) of a company at a major oil and gas company- Shell, Exxon, Chevron, BP Etc
BP looks to cut jobs, including union positions, at its Whiting refinery
BP looks to cut jobs, including union positions, at its Whiting refinery https://www.nwitimes.com/business/local/bp-looks-to-cut-jobs-including-union-positions-at-its-whiting-refinery/article_d9017514-2743-5420-bad9-517b2427f130.html
Wondering If Safety Can Be Protected During All This Change
I know the new LT says safety is still our number one goal but I’ve been hearing our accident rate is trending up. Scary!!!
US exploration?
All dead? Anybody staying? Who is going to run the JV stuff?
BP Plans Crude Oil Production Cuts
Bernard Looney, CEO, stated that BP will reduce crude oil production by 40% over the next 10 years and invest up to $5 billion/year in low carbon technologies. BP swore off exploration in new countries. The goal is to bring oil production down to... — read more
America and offices
All GBS employees in Naperville were told they will be let go, obviously the petrochemical business was sold, ultimate leaving very few people left at the Naperville campus that is way oversized to begin with. Rumor is that ineos has no interest in... — read more
BP Cuts Dividend
Dividend cut in half after huge loss.
Earnings tomorrow
I’ll be interested to see the Q2 earnings tomorrow. I think we’re the last super major to release results this quarter. Results for the others have been all over the place. I guess I’m mostly interested to see if trading offset our losses and if we... — read more
No transparency in reorganization
Do you want to know how messed up bp is???? The entire company is reorganizing from top to bottom and every job is being reviewed, but NO ONE is allowed to apply for a job. Leadership is going to place people in new roles. And they refuse to say what... — read more
Opportunity Knocks..... if you broaden your horizon.
Sociopaths and psychopaths are incapable of understanding empathy, or any other emotions that are related to caring and taking responsibility for others concerns or worries. The way neurons are wired (connected) in their brains, means that they will... — read more
Folks leaving, what will you do next?
I’m in my early 30’s and am considering the jump (if I am retained come September). What’s everyone else’s plan? O&G feels like it will never be the same and the current process has been anything but transparent.
Dividend
There’s a rumor making its way around the investment community that BP might cut its dividend.
What's Next
I spoke with a relible source on the estimated reductions for the following grades: *Level C and up: 50% reduction *Level D to F: 30% reduction *Level G and below: 25% reduction Frontline hourly employees and their supervisors are exempted... — read more
Mid year reviews
These mid year reviews should be interesting - considering that your manager has no idea what is happening with the reorganization, and does not even know if he/she will have a job. This whole process is such a joke - “behind the curtain” and secret... — read more
bp invests $1B in carbon intense infrastructure in India?
So why would a company that has a goal to be carbon neutral by 2050 invest $1 billion in gas stations? Shouldn’t they be investing in low carbon infrastructure? I don’t get it. It is as if bp are talking out of both sides of their mouth. Read... — read more
Who’s Next?
BP seems to be selling anything they can to get cash and manage their debt. What’s next? Canada? BPX? More downstream?
Why so quiet??
No murmurs? Gossip? Nada?? Starbucks leaving Westlake? Someone must know something!
Anyone else think they are closing Westlake?
14,000 US employees. 8,000 layoffs. That's about 58% of US employees. I think they might close Houston and have the skeleton crew work remotely or have the workload transferred to UK. No inside info. Just gut feel.
BP sells pérchela business
Now that BP is selling the petchems business is this headcount included in the 25% reduction target?
Salary range for level F in the UK??
Any ideas all??
BPX wamsutter
Any updates on bpx energy layoffs? Any idea if the plan to layoff wamsutter is still in place?
Take the EOI, BP does not care about you!
BP is a sinking ship. I am on my way out and looking forward to not receiving another political email. It’s crazy how much pandering this company does. Although playing like they care about carbon emissions, just to evade future carbon taxes is a... — read more
Layoffs
How quick will layoffs be after EOIs? Is there any point in submitting my EOI today versus waiting for the axe?
UEC
Has anyone heard the numbers expected from UEC?
New hire (College grad)
Would bp go and rescind job offers for newly hired graduates?