OPEC Wakes Up to the Threat of U.S. Shale 2.0: https://www.bloomberg.com/news/articles/2017-12-13/opec-boosts-forecast-for-rival-supply-sees-balance-in-late-2018
SJVBU Cuts 100+ (ABC Channel 23 Bakersfield)
https://www.turnto23.com/news/local-news/chevron-lays-off-more-than-100-employees
New Delta Dental Plan S---s
Wanted to vent that the new Delta Dental PPO plan CVX changed to in 2017 is the worst dental plan I have ever had. What a complete ripoff and waste of money!! They reimburse weeks after the fact at less than half what they represented they would... — read more
Are you tired of the random drug test in the Houston office only?
Why have they not extended it to all offices? Such a waste of time and company money, well shareholder profits. Yes it is not much but is such a pain in the a-- and a stupid policy unless they are going to enforce it company wide. Why is Houston... — read more
Extended Unemployment Insurance Benefits
Has anyone been able to extend their Texas UI Benefits? If so, what was the process?
New GOM what is going on?
Are there any eyes on the new GOM group? If not, then there should be.
ADA or FMLA did Chevron honored your protected status?
I'm just wondering who here got wrapped in the ROM process despite having ADA or FMLA protection? Was that a fair move or a plain disregard of labor law? What is your position on these matters?
Has Chevron really grown this decade?
Looking at the share price if you consider the annual average prices - from 2008 till now Chevron stock value has only risen 2-3% a year (not considering dividend paid out). Seems to imply that Chevron hasn't really grown in the last 9 years beyond... — read more
Chevrom Bakersfield Layoffs
(Source below) -- Roughly 100 Chevron employees working for the San Joaquin Valley Business Unit received layoff notices Thursday, but won’t be let go until after the holidays, the company announced. Those layoffs — which will impact about 300... — read more
Area to take over all SJVBU by 2020
Its official, Area Energy will acquire all Chevron property in California by the beginning of 2020. The official announcement will be made after the first of the year.
Harassers
When is Chevron going to go through all the older HR paperwork and hotline complaints to get rid of all the s-xual and other harassers that continue to stalk the grounds of San Ramon, Houston, and other places. Instead of getting fired like Matt... — read more
Retirement tax havens
Many middle and upper management as well as savvy expats shift their domicile to a low tax state just before retiring. Many sell homes in California or elsewhere and set up camp in TX or FL to receive their lump sum and exercise stock grants and... — read more
Fit for Duty or Fit for Disposal
Do you work in, or visit a “Remote” location? Well pay attention because this affects you! Fit for Disposal, sorry Fit for Duty is a way to lay off people without paying them a package. It circumvents protective legislation for discrimination and... — read more
New Mortality Tables = Lump Sum Increase
Looks like the Chevron HR retirement calculator is now using the new 2018 mortality tables that have us living longer. Although the 3-month average interest rates didn't change much from a December 2017 to a January 2018 annuity start date, my lump... — read more
Mcbu - retention
How long until corporate realizes all the 26+ AD managers in mcbu are bonkers. They don't listen to their employeees and many more problems.
Any updates on SJV?
It has been around longer than a century endlessly giving and giving that black gold from mother earth's womb, and now facing that inevitable decline. We fellow chevroids should pay attention to what is happening there as many other fields will mimic... — read more
Still laid off for 2 years, thinking of going to get my master degree in Petroleum Engineering. What is the enrolment statistics for A&M, UT?
Two years ago I was laid off after 5 years with Chevron and graduated in the Horizons program. Chevron was over hiring and I was considered as surplus employee. I admit that I was an average petroleum engineer putting in my 9 hours of work every day... — read more
Watch out Chevron - Paradise Papers are coming to get you!
Nice to see the latest news on Major corporates and their dodgy tax affairs being published via the Paradise Papers
Back to Bangladesh
What’s it going to cost with a reversal of the decision to leave Bangladesh? Didn’t all the expats move on already? Another “great” decision?
DWEP/GOM??
Just had an Uber ride with a young driver who also worked at CVX downtown Houston. As an ex employee we talked a bit. She said DWEP was dissolved and there was a singular GOM group (Houston/Covington). About time, I thought. So two management... — read more
Is the oil price turning around finally?
Will 2018 see the oil price marching back into 60's and 70's and 80's and even triple digits? Will the happy times roll again in the land of the chevroids? Or is this a slow and quiet withering of a once almighty industry into the annals of the "been... — read more
CIP Award
Suppose you were offered another job at another company. You decided to take it. However, you worked at Chevron through the whole year and left at the beginning of December 2017. (So you worked the whole year from Jan-Dec) but didn't complete the... — read more
Ouch - more problems at Gorgon
See this story https://thewest.com.au/business/oil-gas/hot-air-slowing-gorgon-trains-a-500m-whack-for-chevron-ng-b88640597z
What are we looking at on Friday with Chevron's earning's report?
So, are we gonna repeat the success of the last earning report or fall flat on our faces? I say we'll do well once again, but from what I've been seeing around, I might be in the minority. In any case, good results mean fewer layoffs (or so I hope,)... — read more
CVX management mainly selling stock lately...
In the last 12 months, 90% of share volume trades by management were "sell" rather than "buy", and 1/3 of those sells were in the last 3 months. Are we at some sort of pinnacle? http://www.nasdaq.com/symbol/cvx/insider-trades
Engie considering divesting LNG business, could CVX do the same?
https://www.reuters.com/article/us-engie-m-a-total/engie-in-talks-with-total-as-it-reviews-part-of-its-lng-business-idUSKBN1CS0KM
Would a CEO from outside Chevron be better?
Would Chevron benefit from a CEO from the outside and a more objective measurement of results and less good ol' boy understandings to honor?
Is Chevron selling SJV fields to Aera???
Just a thought after hearing of the massive cuts in the valley...
A Thriving Oil Giant
I wander what kind of comments are we going to get on this one... How an oil and gas giant outmaneuvered low oil prices https://www.mckinsey.com/industries/oil-and-gas/our-insights/how-an-oil-and-gas-giant-outmaneuvered-low-oil-prices Italian oil and... — read more
San Joaquin Valley Business Unit layoffs incoming
In case somebody missed it, a bunch of folks will be laid off from San Joaquin Valley Business Unit. http://bakersfieldnow.com/news/local/chevron-plans-layoffs-in-san-joaquin-valley-business-unit
Who is doing the work?
This company represents everything that is despicable in America. It is about greed, short term vision, no long term personal or business relationships or family values or leaders. Management at this company is not only incompetent but creating a new... — read more
What's Ahead
Signed California Assembly Bill AB 739: It is required that at least 15 percent of specified heavy-duty vehicles newly purchased by state agencies to be zero-emission beginning in 2025, and at least 30 percent of those vehicles to be ZEV beginning in... — read more
Chevron Layoffs 2018
Last year all was fairly good, now all of the sudden things move, people are complaining and there are rumors about layoffs in San Ramon.
Lay off candidates
How does Chevron pick who needs to be in the hit list? Are there any thumb rules?
Wirth to dismantle Kirkland's wasteful legacy
He has no vested interest in all the non-value-adding bureaucracy and processes that George Kirkland created. Watch for quick action to reduce/eliminate PRC, Upstream Capability and ETC.
SJV 2020
Any update on what will be new org and size of BU?
So, what's going on with the Oil and Gas Industry?
What’s going on with the industry? Only time will reveal what caused the industry slump (and subsequent recovery). Shale Drilling + Renewables + Environmental Laws + Fuel Efficient Vehicles / Electric + Complicated Geopolitics did not factor into the... — read more
Non compete agreements
Do new engineers require to sign non compete agreements in Chevron? I do not remember now If I have signed or not. Thank you .
The Permian Basin
Chevron announced today that it will spend $4 billion next year in the Permian Basin in an effort to increase daily production to 400k barrels/day over the next several years. If Chevron is going to hire any additional exploration professionals... — read more