I have watched this site without commenting due to not holding a grudge. I am still a stakeholder and wish all a safe work environment. I have brought many of the skills with me to my new job. I am still invested in this company and wish them the... — read more
Where did thread go on AMBU HES manager and London HES advisor go?
More censorship on this board? Thread seems to be missing now. Unfortunate since that was the most truthful and real post in quite some time.
Oil coming back
Itsgoing to come back big. It will be demand driven. Recent cuts in investments in new capacity by the industry will make it impossible to meet the demand. Oil will sky rocket. 100..150.. 200.. You name it. Chevron stock will be in 200s. Position... — read more
Everybody buckle up
Chevron missed EPS for second quarter by 10c, more than it was estimated by analysts. So, I wonder what their first reaction will be...
DWEP HES
With DWEP and GGOM, what is happening to DWEP HES? Are they laying off people again? I am sure that it is not a good work atmosphere.
Midcon Houston staff being relocated to Midland
You heard it here first
Tell me about your lump sum Roth conversion
Another great advantage to the lump sum is being able to manage/customize annual income and taxes. Who has converted their lump sum to a Roth IRA? What steps were involved? What is the final tax impact??
New CEO
Who will replace JW as CEO? How will that person make Chevron great again?
SJVBU-ROM 2020
it sounds like it will be worst than the last.
ABU
ABU Whats new?
Permian Royalty MLP
How likely?
GOM Lean Sigma?
What is happening to GOM's Lean Sigma program?
CDB China the next on the block?
With Bangladesh gas project sold to China, can CDB Gas Project be far behind? The last I heard, the CDB Gas Plant was the most expensive in the history of China and OPEX runs 4 - 5x that of a similar China National Gas Plant. Why? Layers of expats on... — read more
A positive outlook
At least somebody thinks that Chevron is going towards better times. Frankly, until oil prices go up significantly, I don't see a light at the end of the tunnel, but then again, I am not an analyst... — read more
Pittsburgh BU
Are they growing? Is it a good option to post to for a career move?
JW future?
Heard a totally unsubstantiated rumor that JW is on his way out. Anyone hear something more substantial?
Layoff Time Again
Most Oil & Gas boards on this site were fairly dormant over last six months. I've been monitoring HAL, BH, GE O&G, Conoco, etc... Over last two to three weeks all of them seem to be picking up pace, people are posting again. Are we going to see yet... — read more
The Plan
DWEP+ GOMBU reorg to form "new" merged GOMBU. 2017 reorg done by August. No EOI. Reorg includes ROM. DWEP+GOM ROM includes 12% closed positions. 2200 total DWEP+GOM according to VP MH in previous townhall. The FAQs say O&M and HR are not part of this... — read more
Project Phoenix
Chevron re-tooling its org to support a massive capital investment in new facilities, wells and infrastructure on the GOM Shelf. Competitive in cost with shale. First production as early as 2019.
DWEP/GOM 12% reduction
DWEP/GOM 12% reduction this August
New ETC layoffs to coincide with DWEP downsizing
They plan to whittle down what's left of etc...
DWEP Townhall
Anyone know what the message will be?
Selling off Chevron
Selling off CVX in entirety, either in parts or in whole, would seem to be beneficial to CVX shareholders. CVX seems to be more focused on operating assets in order to provide Executive compensation and employee pay checks. That has to change. Too... — read more
We need higher oil prices
Nice analysis of Chevron's current standings. It does emphasize what we already know - if oil keeps dipping, or even staying where it is right now, we will be in trouble despite the recent upturn... — read more
Chevron among best companies to work for in 2017
Anybody else finds it laughable that Chevron just made the list of best places to work in 2017? Not only did it make the list, but it ranked at fifteenth place out of fifty... — read more
CVX 101 students: Here is an assignment for you
Look up CVX on Yahoo Finance. Display the chart for the lat 6 months. Plot a trend line. Think now where CVX could be in another 6 months. That's right... further down the abyss. Best case scenario would be just a flat line. Put your money in... — read more
More Threads Deleted
The layoff moderators are at it again. They must have received another complaint from Chevron.
Midcon in big trouble with current VP
Second fatality in D&C in MCBU in less than 3 months. He is wearing people out trying to make a name for himself. He is way to much in the weeds on everything plus he is trying hard to alienate the Houston and midland teams from each other. He must... — read more
Always have a plan B
I didn't, but Im okay now.
laidoff Engineer over 50 years old are dinosaur
I read another postings and I had the similar experience. I am 55 years old and worked 30 years in the oil industry. I was laid off 18 months ago from DWEP as a reservoir engineer and did not have any luck in securing a job. The job advertisements... — read more
Stay away from Chevron
College engineering graduates. Stay away from this company. You have no long term future. Engineers are at the bottom of the feed chain and you will be the first to be layed off. There are many many other companies out there that will appreciate your... — read more
How long after using DocuSign did you get your hard copy severance check?
For anyone who was recently laid off: I signed all of my paperwork via DocuSign on June 3ish. It mentions a 7 day hold and then it will be paid in the following pay cycle. I still have not gotten it. How long did it take for everyone else?
Main Pass Sold-Venice will be Gone, GOM Ops GOM D&C
Moving along, most of the shelf have been sold. Look for outlying operations to shut down, including empire terminal.
Explain Pre-65 Retiree Medical To Me
I'm struggling to follow all the details on retiree medical. Those of you who have retired, give me a clue. Let's say, hypothetically, I am 50 years old. My point situation today gives me 72 points which Chevron somehow works out to a 62% company... — read more
COV100 to close Q1'18
You heard it here first.
Perhaps A Merger Should Be Considered
CVX market cap is approximately $199 B. COP market cap is approximately $55 B. A non-cash merger between CVX & COP would be valued at approximately $254 B w/ current pre-merger CVX shareholders owning approximately 78 percent of the merged entity... — read more
Chevron looks for ALL the wrong things in management
Chevron could learn something from google. Our entire upstream is full of NOTHING but engineers. http://on.inc.com/2ryRWZv