https://oilprice.com/Energy/Energy-General/BP-Takeover-Speculation-Is-Heating-Up.html Exxon in addition to shell in the game?

How, in this time when we are seeing extreme cost cutting, does the business justify sending UK or US employees on expat assignments? Are you seriously telling me that there is no one in the region equally qualified?

Anyone any wiser after today’s VERY late scheduled townhall despite it being in LT calendars for months? Pushing TSI as the answer to all our problems, with an example from the North Sea P&O folks that has already failed?! It’s laughable, especially... — read more 

Can these organizational change emails be anymore bland? The leadership in this company is incredibly disappointing. How many more times do they need to say "we know this is tough times", "change is coming", "roles will be reduced", just do it... — read more 

It seems that Projects fate and some central consolidation will be announced today. It will be interesting to see where they fall with a smaller budget for Site and large Projects.

Surprised not to see it discussed yet, but what are folks views on the reintroduction of individual performance ratings ? seems it coming quick and at pace !

So with the off/on/off ceasefire, india now has major travel restrictions. Setting up a major office in a country with hostile neighbours doesnt look too smart now...anyone going to admit this?? Haha

I don't want post this but seen a lady crying last week at coffee point over a su----e. And said it was Redundancy related. I know at least 10 x people who would take voluntary and ease this pain/horrid situation.

Are they monitoring 60/40 attendance in US and how are they using the data?

https://www.reuters.com/business/energy/shell-is-studying-merits-bp-deal-bloomberg-news-reports-2025-05-03/ lol, two articles within 24 hours saying the complete opposite.

https://www.msn.com/en-gb/money/other/shell-ceo-prefers-share-buybacks-over-a-bid-for-bp-ft-reports/ar-AA1E35Lj

The oil company’s shares are down 19 per cent since chief executive Murray Auchincloss unveiled his big revamp The Times Much more of this and it’ll be time for another “fundamental reset”. BP’s latest one has been running for two months now. And... — read more 

Can someone summarise the important things from the webcast? Any new changes coming in the wfh policy?

This is an interesting move and doesn’t seem to fit under technology unless a bigger decision is coming… perhaps moving more of this to low cost centres.

Along with monitoring of 60/40 office attendance. I wonder how this will work out?

I sold all my reinvent shares immediately when they vested to avoid the 20% loss!

She gone!!

Not loving our new ACB Break Out. 55% Financials (25% Structural Cost Reduction), 30% Safety, 15% Operations. With cost reduction on the high end and operations on the low end, it seems like you could see prioritization on cost cuts vs operating... — read more 

Join me in my little conspiracy theory The AGM results were surprising - as our LT was reelected with over 90% support. The official reasons were as follows: there is already enough external turmoil, so even though the shareholders are not happy... — read more 

From today's Times (UK) Elliott, the US investor with a stake of over 5 per cent, is agitating for a cull at the oil giant’s head office and the closure of BP Ventures. Search authors, topics, headlines Search Sections My... — read more 

The activist investor is gunning for Giulia Chierchia, seen as a driving force of the oil major’s push into green energy, which it regards as a failure The activist hedge fund agitating for change at BP is pushing for the removal of its head of... — read more 

Chevron, BP, others moving work to the country, where engineers are paid salaries about a third or fourth of U.S. counterparts’ https://www.wsj.com/business/energy-oil/big-oil-is-offshoring-its-prized-engineering-jobs-to-india-2e487fd0 Without... — read more 

https://www.businessreport.com/article/why-chevron-bp-and-other-oil-giants-are-moving-jobs-to-india Chevron, BP and other oil companies are moving more specialized white-collar positions and related work to lower-cost labor pools in countries such... — read more 

As seen in the FT article "Hedge fund Elliott turns up heat on BP with demand for deep spending cuts". Seems Elliot blames the current state of things on poor execution and not just on too fast, too deep.

Seems like they are bringing back an ex-bp person to be the head of refining. Why cant we develop our own people??? Succession planning is such a joke here. Wonder what the refinery folks think.

My team stopped caring about any work... Everyone I talked to says I got the worst team on the floor when I took over (one of them faked a heart attack, the hospital said there wasn't anything wrong). I'm swapping them 100% out and bringing new... — read more 

This company is doomed because its shareholders are also d-mb as f u c k. 3/4 voted to re-elect Helge, and the rest of these incompetent donkeys were also re-elected with over 90% of support. It's not even that the reset strategy is bad on its... — read more 

Any thoughts on this recent webcast with WL and the newish appointed SVP for corporates, partnerships etc etc

https://www.theguardian.com/business/2025/apr/13/bp-dropped-its-green-pledges-and-turned-back-to-oil-now-the-price-of-crude-has-collapsed

latest 1Q update to markets, production down, mixed performance in C&P, net debt up by $4bn, 50% tax bill and all of this was at $70+ dollar oil. We are sc--wed - Helge saw the writing on the wall - hoping that Murray also gets told to do the long... — read more 

What's bps break even price ($/boe) today and how has it change, over say the last 20 years?

what is he smoking?0

How dem reinvent shares lookin?

Glad to see several of the worst problem creators at Bpx Energy leave recently. Maybe we can start to heal as a company and get things back on track. A couple of words of advice for leadership ) Give others who have been here a while and chance... — read more 

What happened to the post about Helge being let go, with the poem in it about "going from IOC to resignee" or something like that? Do posts get deleted here?? We might need an actual board to vent in instead

Why is the stock price down, I thought we were gonna drill baby drill

as when Macarena was at the top of the Billboard 100.

is singing the blues

The SVP of our department has drawn up the org-chart that they're expecting to stand up in September and she's deemed I will be surplus to requirements. My work across the past 3 years involved confidential work with MA and HL just to name a couple... — read more