God I’m gonna enjoy this. This is what competent looks like fam. https://oilprice.com/Latest-Energy-News/World-News/Exxon-Is-Sure-It-Has-Right-Of-First-Refusal-In-Spat-Over-Guyana-Oil-Assets.html
Better and better : Now Cnooc files for arbitration !
Revenge is a dish best served cold … After Chevron swoop away Unocal from Cnooc. https://worldoil.com/news/2024/3/21/cnooc-joins-exxonmobil-in-chevron-dispute-over-oil-rich-guyana-reports-profit-decrease-as-production-grows/
70 Chevron Calif spills?? $13MM fine.
"CDFW documented over 70 oil spills between 2018 and 2023 in Kern County attributable to Chevron, which accounted for more than 446,600 gallons (10,633 barrels) of oil spilled, according to the report..". Chevron has reported they are "discontent... — read more
Layoffs & Burnout Workplace Post
Did anyone else see the Workplace post from a Finance Houston colleague who has been laid off? While writing such a post on Workplace might not have been the best move, what he described about the constant stress, anxiety & depression caused by the... — read more
HESS Disaster ... Thanks RM
CVX Market Cap: ~300 Billion$ CVX Current Oil Production ~ 3 Million BBL/day HESS Market Cap: ~ 45 Billion$ We are Paying ~ 60 Billion$ HESS Current Out Production ~ 300K BB/day We are paying 20% of our Company value to buy 10% of Equivalent... — read more
Who's Next - Part 2
YTD Return: CVX: 4.26 % XOM: 12.17 % Source: MarketWatch.com ++++++++++++++++++++++++++++++++++++++ Who's Next ? How about the board of directors. Check their resumes. Ever hear of Maximizing ShareHolder Return ? All shareholders hear about... — read more
Who’s Next?
If EB is tainted by FGP, does that make NH the default MW successor? Is JG even still in the running? Is MW going to be around for the next 10 years until the next class of C-Suite material matriculates? May be a good indicator of where the ax is... — read more
Tough Day for MW
https://thepostmillennial.com/climate-activists-disrupt-chevron-dei-presentation-to-accuse-ceo-of-mass-mu---r-over-fossil-fuels
TCO Fiasco
It is expected the FGP to cost extra 1.5 Billion on top of the expected 47 Billion cost. What a mess, how can this project be financially viable after over 10 billion $ cost over run and more than 3 years of delay and counting?
Great job DEI overlord
https://www.gbnews.com/news/us/eco-protesters-storm-stage-confront-chevron-boss https://events.catalyst.org/event/d799d78a-c2aa-4e81-999d-7e4fe8c596d2/websitePage:fde54330-4d93-4135-bdd8-73c573eb1624
Stop complaining!
This is a good company and a good job. If you're not happy here, you won't be happy anywhere.
Too many employees glamorize overworking
I'm not sure what happened in the last five years or so. I see so many people glamorizing overworking. Like it's a badge of honor if you pull 70+ hour weeks or miss your kid's birthday because of work. When did this become a thing? Working here once... — read more
Appellate ruling orders revisions to Kern's oil permitting ordinance
What would these attorneys do if there was an oil company walk out? How would they conduct their biological diversity work without electricity, heat, and WiFi… Verify for yourself: “We work at every level, from international climate negotiations to... — read more
Career stalling
Are there others within the company who have felt that their career progression hit a roadblock after becoming parents (specifically moms), and if so, how have they navigated or overcome this challenge? Seems like the norm is to simply brush women... — read more
EXXON counter offer for HESS Guyana assets
https://www.reuters.com/business/energy/exxon-signals-potential-counter-offer-hesss-guyana-assets-2024-03-06/
Lessons from Boeing?
Boeing was a once great company that was highly respected and had high quality work until a culture of cost cutting and obsession with the stock price over all other things has put the company in the spot it is in today. That same culture seems to be... — read more
My Morale is Gone -- I Am Now A Worker Drone
I am an Engineer with a CSP and a PE and when I think about the acquisition of Noble by Chevron it feels like it happened just yesterday. Initially, it was a promising prospect for me, presenting exciting opportunities within a larger company... — read more
Less EE in 2024
HR training this year has there being many less EE I guess it makes sense if people are doing well they will want things like raises.
I'm constantly stressed out
The unhealthy work environment is destroying my mental health. Instead of getting better - after all, our results are improving - the situation keeps getting worse every month. I know my team is far from the only one having to go through this. How do... — read more
Exodus in March
I am expecting all the "I can WFH forever" folks to leave in March shortly after the CIP. Anyone seen it already or doing it yourself? MKW loves it, no need for severance!
Poor Morale
For those in higher up circles, what is management doing or saying to address the morale problem? The trust issue was asked to MW and it was alluded its all due to WFH. Everyone knows this isn't true. Do they even care?
Uninspiring
I’m at 5years service this summer after joining post graduation as a petrotech. I’ve decided I have made a mistake joining Chev. This is not a “bad” company - it is just a company that doesn’t work for me into the future. The company has many... — read more
Is HR discriminating against their own in PDC's / layoffs?
I heard that HR is being looked at for discrimination in PDC's, can that be right? What good is it having HR representation in our PDC's when they are the ones discriminating? I also thought that PDC's were for helping employees grow, not layoffs. ... — read more
REG to close 2 facilities
Chevron Renewable Energy Group is “indefinitely idling” its biodiesel plants in Ralston and Madison, Wisconsin How much of the REG business is impacted? # of employees?
Leave of Absence - tips
Any tips for leave of absence? I am at my wits end. My manager is making things unbearable. The PDC cant come soon enough but sounds like its no better in other functions. This dashboard on in office is just the last straw. (Yes I am compliant, Yes I... — read more
Easy Money
The PBS Frontline episode "Easy Money" (https://www.youtube.com/watch?v=EpMLAQbSYAw) provides some solid insights into why Chevron finds itself in its current position (this is not a political post, as neither the Democrat nor Republican... — read more
Chevron uses AI to monitor your messages.
https://www.fox26houston.com/news/companies-ai-snoop-employees-messages-report?utm_campaign=trueanthem&utm_medium=trueanthem&utm_source=facebook
Exxon Considers Pre-Emption Rights to Hess’ Guyana Oil Stake
Exxon: “We owe it to our investors and partners to consider our pre-emption rights in place under our Joint Operating Agreement to ensure we preserve our right to realize the significant value we’ve created and are entitled to in the Guyana... — read more
Transforming to Lose?
In the OPG townhall it was mentioned that in 2019 we were #1 and then after 2020 we dropped to where we are now. A good lesson that layoffs and all the constant change has crushed the business. Our current management strategy is try more of that with... — read more
Applying for a job in Chevron
Makes any sense at this moment? You guys expect layoffs in the coming period? I lost a job in the industry last week, and am trying to figure out where to start looking. Thanks for any info/advice.
OPG Townhall Discussion
Let's go! Great music to start with. Good music to be laid off to.
Why does management keep saying we have the best people?
Does anyone actually believe that? We definitely don’t.
Do we need CTC subsurface ?
They think too much of themselves and continue to waste BU time and resources. Zero accountability for BU success and use us as a science experiment. Chevron is probably better off letting go half of them so they cause less trouble for the... — read more
How to survive
For those who survived rounds of layoffs before, how did you do it or why do you think you made it?
IT SFA "Resource Reassignment"
Who thinks the latest email from IT Talent management with code name "Resource Reassignment" is a euphemism for reassignment out the door?! I'll be looking left and right for signs of the shepherd's hook to pull me off the CVX stage!
Shared Service Center
Which organizations have shared service centers? Finance? HR? Procurement? Will they build a CTC in India?
Pushing RTO will lose good employees..
I did the math. It costs me $25 / day, $300 / month (assuming 12 in office days per month) to come to work for gas, tolls, parking, etc. All to sit alone in a cold office on Teams meetings, for the ‘cUlTuRe and ColLaBoRaTiOn’ smh… But thanks for... — read more
MW and Layoffs
For anyone who has worked with MW does he really love layoffs like he makes it seem? The way things work it makes it look like it's his automatic go to way of growing the dividends. That and the obsession with working in the office is unreal to me... — read more