Topics regarding layoffs at Shell Oil

Topics regarding layoffs at Shell Oil

XOM and CVX making SHEL a laughing stock again.

Doubling down in Permian which Shell gave away at the low of the market and buying into Guyana which Shell gave away without even waiting for an exploration well because of complete incompetence in our E&P leadership at the time. Meanwhile energy... — read more 

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| 1600 views | | 2 replies (last October 29, 2023)
Post ID: @OP+1pec407S

Quick

I wish you slugs would hurry up with your cuts, so Wally can buy an overinflated O&G producer….Valuations at an all time high. If you guys take too long with the cuts he might not get to pay top dollar!

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| 864 views | | 1 reply (November 1, 2023)
Post ID: @OP+1pewvd0k

Shell back into shale in US

I hear Shell is thinking of getting back into shale in the US following XOM move to buy PXD. Any truth to the rumors ?

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| 1560 views | | 5 replies (last October 23, 2023)
Post ID: @OP+1pbLrrPg

Energy transition

Some people argue that it is not reasonable to ask oil and gas companies to move away from fossil fuels unless there is a clear demand for renewable energy. They argue that oil and gas companies are businesses, and they should be free to produce the... — read more 

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| 2080 views | | 8 replies (last October 18, 2023)
Post ID: @OP+1oQUYfCc

Not a fan…

Of the leak, but love to see the healthy discussion. https://www.rechargenews.com/energy-transition/shell-staff-air-fears-over-renewable-energy-strategy-to-ceo-sawan/2-1-1525138 Also I don’t see this swaying the needed shift in strategy, I just... — read more 

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| 1620 views | | 3 replies (last September 28, 2023)
Post ID: @OP+1oOeO5kn

Countdown

Anybody have access to current FTE count? Of course Leadership keeps quoting the 93,000 number. But can we get an update as it’s whittled down?

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| 2230 views | | 6 replies (last October 3, 2023)
Post ID: @OP+1oJLeOky

When are we

…buying the next BG? I mean we’re a few years beyond dealing with the indigestion it gave us, like a python on the river bank that just ate a mammal almost too big. We should be ready to slither into position and pounce on our unsuspecting prey. ... — read more 

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| 1670 views | | 4 replies (last October 6, 2023)
Post ID: @OP+1oG3j1mI

Methanol?

Shell getting into the US Methanol market? Very few company's have Methanol plants. With the idea being “more” environmentally friendly (outside of hydrogen, ammonia, or carbon capture), Methanol seems to be on the uptick due to low cost to produce... — read more 

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| 730 views | | 1 reply (September 20, 2023)
Post ID: @OP+1oGJ9QnA

New Orleans River District

I thought we were about to be done with the New Orleans office once and for all. As a Latoya-refugee, I sold my home in New Orleans when I moved to Houston ready to never return. But, on Wednesday, the SVP announced that Shell will occupy a majority... — read more 

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| 1940 views | | 9 replies (last September 27, 2023)
Post ID: @OP+1oFwCLHO

Looking for drama?

Head over to the BP layoffs thread. It’s all of the drama and intrigue our dark souls feed on, without the anxiety and discouragement of realizing we work for that sh*tbox. Uh, that is until Shell and BP strategically merge to create a mega-British... — read more 

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| 1480 views | | 3 replies (last September 26, 2023)
Post ID: @OP+1oCvYKCV

Winter is coming

Lacking a good crisis to prompt change… manufacture one! Look I agree we need to shake the deadwood out and get back to some role clarity so folks know what they need to deliver, but execution to date has been so ham-fisted. EVPs aren’t feeling... — read more 

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| 1760 views | | 4 replies (last September 27, 2023)
Post ID: @OP+1ovEClvT

Restructuring?

Any updates to yet another reorg? I know there are a few mini reorgs in certain BUs in STUSCO. Anyone else?

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| 3210 views | | 9 replies (last September 23, 2023)
Post ID: @OP+1ohyBvtH

Pay relative to (energy) peers? Venting

With the focus by the EC moving to ruthless returns, it's hopeful that company performance will improve and thus value for those who have equity in the company. One can hope. On the cost reduction side, I'm concerned this will extend to total cash... — read more 

How soon Bukom will be sold?

Shell taps Goldman Sachs to explore Singapore refinery and petchem plant sale https://www.hydrocarbonprocessing.com/news/2023/08/shell-taps-goldman-sachs-to-explore-singapore-refinery-and-petchem-plant-sale/#comments

Real reason on underperformance vs peers

I think people have forgotten the real reason why Shell is valued lower than US peers. It is simply because management decided earlier to sell off oil assets and those assets were not around anymore when the price went up. Wael should not blame or... — read more 

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| 1910 views | | 6 replies (last August 19, 2023)
Post ID: @OP+1o4TGUc6

How much to retire

At what point would you feel comfortable to call it quits from Shell or anywhere? Convert your pension to lumpsum to make it apples to apples with others? $5M?

USA Trading JG5 100% PIR

What is 100% PIR JG5 for USA Trading? Does trading get additional or different bonus structure to compensate for the 24/7 on call and special skillset over standard US Business 100% PIR.

How is working at Shell compared to other O&G companies?

I got an offer but I’d like to learn more about the company before I accept. The place I currently work at is much, much smaller, so this would be a major change for me. I don’t want to jump into something that might turn out not to be a good fit for... — read more 

Turmoil in Singapore

Any insider news to decision making in Singapore? This situation seem to have occured before that ref chm will be sold but did not in the end. Is this scare tactic by the CEO since he is new and portraying the aggressive game. Hopeful for happy... — read more 

Yet another Namibia find

https://www.upstreamonline.com/exclusive/on-a-roll-shell-makes-fourth-oil-find-offshore-namibia/2-1-1484831 Calibrated AVO in the play… like Guyana it’s basically shooting fish in a barrel at this point.

Max salary in job group

What happens when a person reach a maximum salary in a job group, will he still be eligible for an increment?

WTF Employee Count

Ok, maybe it’s just me or does this make no fu----g sense? Before Reshape Shell had ~87k employees. After Reshape Shell had ~81k employees. Now they have a staggering 93k? WTF!!!! Shell is its worse enemy. First, how does a major O&G company have so... — read more 

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| 2980 views | | 8 replies (last July 3, 2023)
Post ID: @OP+1njBgwHg

Will Shell exit Singapore?

Shell says Singapore energy, chemicals assets under review https://www.reuters.com/business/energy/shell-says-singapore-energy-chemicals-assets-under-review-2023-06-14/ Thoughts? Should a new hire join? Morale is low.. Shell pulls plug on two... — read more 

Zoey Yujnovich, Amy Coney Barrett Doppelganger?

Is it me or is Zoe Yujnovich an Amy Coney Barrett Doppelganger? https://www.upstreamonline.com/exploration/shell-aims-to-move-at-pace-after-namibian-well-test-success/2-1-1467525

Rumblings About Another SVS

Ok, someone needs to come clean. The word on the street is things are coming down the pike and soon. This is coming from multiple sources. May just be BS or maybe not?

Poor manager advice please

Some advice please. I had a poor year last year, due to lack of opportunity. Beginning of the year my manager told me they would help with more opportunities, 6 months in no change and no help and i am feeling deflated and depressed. Prefer to stay... — read more 

Deer Park fire

Feel sorry for all the people in the area that have to breathe that toxic mess

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