LOL
More Rio de Janeiro boondoggles..
I read that Chevron has acquired deepwater leases in Brazil. Considering that Chevron (and earlier Texaco) have discovered no reserves whatsoever in Brazil in 30 years of operations there (including money-losing Frade and most recently the bungled... — read more
Diversity leader pleads guilty.
https://www.forbes.com/sites/jamesfarrell/2023/12/13/former-facebook-diversity-leader-pleads-guilty-to-stealing-4-million-from-company/amp/ Is this monitored at Chevron?
MW email
So MW has all his lackeys roll out bad news, and then he sends out today’s email filled with cope around how successful we are. It makes them look so disconnected. Perhaps an over correction? Notice not a single reference to the doom messaging that... — read more
Hess buy
Does anyone think that the Hess buy may not happen?
What do these ratings even mean?
With the new rating system there is no forced distribution. So is getting 1-2 EE’s the new 2? And then 3 EE’s would be like getting a 2+ in the old system? Etc.. I really don’t know what is normal
No Layoff in IT/Bill Braun Townhall
it seems contradictory to this site but Bill Braun said there is no layoff in IT! Can we trust his words?
how to get a chairman award,
who nominate and what is selection process
How big is MW’s ego?
Is he humble or is that just an act?
Reminds me of CVX leadership
https://www.inc.com/jason-aten/before-laying-off-1500-people-spotifys-ceo-made-1-mistake-no-leader-should-make.html
Any word on what structure / salary program will be for 2024?
Any info on what structure
Townhall
Execs will keep their high bonus while we get laid off and sh!t on.
Thoughts on the CTC Town hall?
It seems layoffs are coming based on what was said. A lot of good questions asked. What are your thoughts around what was said?
A message to MW and Team
I think the fact that I post this here and not on Workplace or some employee survey speaks volumes. For over 20+ years I have been married to Chevron, for better or worse. Honestly most of it, 99% of has been for better. We have not always agreed... — read more
All in for the Permian shale play
“Upstream spending in 2024 is expected to be about $14 billion….two-thirds for Permian shale … about 25 percent for Gulf of Mexico”. Wow, what will we do when west Texas is toast in the next five years?
Anybody in the recent PDC receive frustrating feedback?
I received feedback about differentiators that were not listed in the job description. Every time I post, the PDC comes back with a new set of issues that seem to work against me. It seems like one needs to make friends with the in crowd to... — read more
COP28
Chevron (CVX) was notably absent from a pledge by 50 oil and gas producers including Exxon (XOM) announced at COP28 to cut methane emissions from their own operations to near-zero and halt flaring of natural gas by the end of the decade. We got to... — read more
What’s the incentive for bonuses?
What’s the incentive to go above and beyond if problem BUs can destroy our CIP? My BU is performing above expectations, but we’re already having expectations managed on CIP. Shouldn’t management be rewarding BUs that performing, rather than punishing... — read more
Intervention?
Should we have an intervention for Chevron management since they seem to have an obsession with reorganization? No normal company reorganizes or changes this often. We keep hearing that "this is the world we live in and we have to change". Things... — read more
Who should be fired for FGP?
You can’t have $45Bn wiped off the corporations value without holding someone accountable. So who should it be? DM, current bag holder. EB, long history in TCO. NH, every project he has been near seems to turn to cr-p fairly quickly. Or MW the buck... — read more
Did they layoff the downvote squad?
The coordinated downvote activity has all of a sudden disappeared.
CTC, DT&S, TM, CTV re-org announced
Todays DT&S Town hall announced a re-org. Question was asked about potential for headcount reductions. VP (CJ) answered vaguely enough to not confirm scope but stated it was likely. Good luck everyone. Let the 5 year cycle begin!
Chevron files for drilling program offshore Namibia near TotalEnergies discovery
That is the best Chevron exploration can do this days, a step out from other companies exploration successes? Sort of sad really. There once was a day when we were exploration leaders.
Refinery Leadership Changes
Dear Downstreamers, What's going on with all the leadership changes at the refinery (won't name it)? Too many senior leaders have suddenly left this year with no notice? The latest one is a big surprise.
When, not if
The only question left now is when will layoffs start, not if there will be layoffs. Well, that and how bad it will get.
Agile
We all saw PB's email. Are we seeing the fruits of Agile with these results? Is Agile to blame for not achieving top quartile performance?
NH Email
Damage control?
What did management expect?
In 2020 they put the company through a crushing transformation when we lost so much talent and became understaffed. When you gut a company for the short term you should expect with low morale and less people OE isn't going to be what it used to be. — read more
PB Email
What’s he setting us up for?
Drilling and Completions
Are Drilling and completions merged at Chevron or do they have separate reporting lines until you reach say a VP level.
salary increase from a promotion this year
i got 5% from PSG25 to PSG26, I heard it is normally 10%... but I am thankful for the promotion approval. can you guys share how much adjustment you got from your promotion?
Salary progression
What has been your salary progession through out your tenure at cvx? Which milestones typically generate the biggest jumps?
What is LCDD do?
I read their funny newsletter but am confused on what they actually do?
What's going on?
I've been here around 2 years now and everyone is defeated and disgruntled here it seems. Have things been this difficult always or just during the MW reign?
If I resign do I get paid for accrued PTO?
Planning on taking a position outside of Chevron. Will I be able to bank my accrued PTO?
PSG bump in PDC?
If you successfully posted for a role that has a higher psg range, is it remotely possible to receive a bump? If you were close to a promo in the previous role, does a new role in the pdc set you back?
World’s biggest carbon storage project off WA coast burying only a third of what it promised
After seven years of operation US giant Chevron is burying just a third of the carbon pollution it committed to burying at its Gorgon gas export project, risking damaging the credibility of a technology gas producers are relying on to allow... — read more
Chevron is a Buy, it has been punished enough (Barrons)
https://www.barrons.com/articles/buy-chevron-stock-price-pick-1783ee4a?mod= Buy Chevron Stock. It’s Been Punished Enough for Earnings and the Hess Deal. By Andrew Bary Follow Updated November 4, 2023 / Original November 3, 2023 Share Size In less... — read more
R&A
I have seen some people frequently get R&A's from their regular job such as answering a phone call, sharing a little knowledge, all during office hours. but why I was not given any even I do the work during night time or week end to help those asking... — read more
It just got bigger
Well, there was work on CTC that started a while back. Now tho it is getting bigger to include all of OPG given the business plan roll up showed our earnings are many billions below the promise MW made to the street a few years back and our capital... — read more