Anyone else notice middle mgmt engineering changes in 2024 were for the worst? Toxic environments created to purposefully drive good performing people out and those that remain are put on PIPs purposefully?

This article is from today's UK Telegraph. Reproduced in full, rather than a link, as there is a paywall. They seem to be putting the blame very much at the doors of BL and HL, however, they point out that the rot started with JB. 'It was meant to... — read more 

Anyone seen the Elliot presentation or deck for BP? They're calling for changes at P66 and believe the stock should be $200 from today's price of ~$125. All public at streamline66.com

https://www.reuters.com/markets/commodities/bp-weighs-sale-10-billion-castrol-lubricants-unit-bloomberg-news-reports-2025-02-18/

I told you last year that bpx was going to get cleaned out and brought back to Houston. Many of you doubted me. We aren't even finished with Q1 yet and we are gearing up for round two of layoffs. Mid managers and the Sandridge OK clique are up for... — read more 

https://www.thisismoney.co.uk/money/markets/article-14400649/Pressure-BP-merge-Shell-creating-national-oil-giant.html The sharks are circling y’all. MA and HL waited too long to reset our strategy. I’m both excited for something to change and scared... — read more 

Sunday Times 16 February 2025 Dominic Lawson We're Starting To Look Like Loonies On Energy Should you be looking for someone to blame for your pension fund not performing as you might have wished, consider the name of Bernard Looney. This is — or... — read more 

About time too! According to Reuters, HL may get the boot. Their point is that HL and his former employer McKinsey allowed BL to go ahead with his green strategy, and the share price has never recovered. A pity BL ultimately walked away from a mess... — read more 

I don’t want anyone to lose their job (especially me!) but why do we have such a high headcount compared to ExxonMobil and Chevron?

I understand that the first thing that comes to mind is the divestment of our renewable businesses, which I do not doubt. I just don't see a strategic player like Elliot not having us sale something of value as well to gain more capital. My thought... — read more 

Chevron is laying off 15-20% of their staff by 2026. That’s more than bp has committed to, and Chevron is actually performing well. I have a feeling things are going to heat up for us. The targets that bp has announced are just the beginning. — read more 

And what’s up with TE and team? Heard there’s going to be a d&c reorg. Thought the inner circle was safe.

Kate started the performance update by putting all the blame for our 2024 performance on refining specifically calling out Whiting. That is a deliberate signal. We should expect more to come on that during the strategy update at CMD.

Struggling to make a profit, no projects in the pipeline, and Whiting found another way to waste money by adding a new line of F grade managers. What is keeping bp from putting Whiting up for sale?

What everyone thinks about ACB scorecard results? Any comparisons with other historical low years?

And I’m all for it. America makes BP the most money yet the Bri-ish LT show disdain towards us at every turn and very openly. Especially Murray.

Ok, shares are up today by 7%. Like WTF is going on?

Anyone at BP UK got a manager in recent

could be good news given that bP needs new board, ceo, and lt

This could be a change coming…

We continue to make interesting moves. What could be the future for our remaining refineries? I could see us continuing to divest the euro refiners but hold onto the strategic plays in the states. Thoughts?

Has anyone noticed this? Every day that I walk into the lobby and elevators, all you can see posters and signage of how BP is “Investing IN America” while they are laying people off. It is demoralizing. Who thought up this sh-t? It’s literally... — read more 

If you think working for bpx is good for you and your health then like this post with a thumbs up. Otherwise, do a thumbs down.

I remember reading a comment about BPX needing their own board on this site while saying there were only 3 or 4 people talking to themselves on here. Doesn't really appear that way now.

bp shot up $1.00 intraday on the back of this news. Coming back off now however. Any insights? https://seekingalpha.com/news/4402053-bp-ticks-higher-amid-takeover-speculation

How useful is the conversation after being at risk? What's your strategy?

Some of you can handle this, but some of us can't. I'm already a nervous wreck when it comes to my job, thanks to an incompetent and unpredictable manager. Now, with layoffs in the mix, I'm this close to asking my doctor for medication just to bring... — read more 

The board and LT need to be wiped and replaced with petroleum engineers from top to bottom. Leave the important decisions to the people who really understand the industry.

https://www.telegraph.co.uk/business/2025/01/30/milibands-reckless-net-zero-crusade-could-force-bp-shell/

They were there worst enemy. Drive hires so many useless employees doing absolutely nothing waiting for retirement

I hear Emeka's next communication is scheduled for Tuesday,.so maybe that will breathe a bit of life back here.

It definitely made me look much harder into other options. I’m doing myself a favor, you should too.

Anyone else had enough of this cr-p?? Submit the details to https://robbystarbuck.com/dei/ and let's have some fun

Elected employee reps will meet with management for several sessions. These may result in tweaks to the process but won't change the end result in terms of reorg and job losses. They can talk and influence things like how people will be assigned to... — read more 

The story basically says BP leaders are too “clever” for their own good. And it continues promoting the rumors of an impending takeover or merger. https://www.ft.com/content/788dad65-b79d-4c1e-8181-435374339ae3

It's obvious that the goal of these prolonged layoffs is to create a toxic and stressful work environment that will push as many employees out the door as possible. Well, I have no intention of doing them any favors and quitting. I'll do the bare... — read more