Heard on the radio this afternoon that the Trump administration is considering paying oil companies to not pump oil. There are many poor/incompetent managed weak companies that need to be culled from the industry herd. The oil biz has always been... — read more 

WTI futures back below $20 at $19.52/barrel. Get ready for $16 or lower. Face it, this coronavirus sheet will be with us for a while. Maybe a solid vaccine next year. The whole situation stinks.

Does Chevron have some kind of grade school hall monitor person to constantly check this site for deletions?

Is anyone else having a problem with many vague directions for goals in 2020? Have they changed numerous times already this year? It seems like supervisors, at least in my chain, are scrambling to look like they are doing something in this... — read more 

I have 85 points

Wild ride! Given the 'bench strength' on this site, I imagine some of you made out like bandits. I mean who didn't pick up some stock in the mid 50's?! I sure did......

Did you decide to retire or did management tell you to GTFO before you crater another BU? #THERANOS

It was interesting to see that of the new 13 direct reports to Joe Geagea- 12 where incumbents??? And many got big promotions to PSG 41- with minor job scopes. How is this transformational? Is this what we need to win in any environment? Any... — read more 

I heard from folks in MCBU that they split up the org within factory recently, and doubled the supervisor positions while keep individual contributors flat. They are in trouble now with the low activities.

In order to qualify for 25% CIP, a large number of employees would retire in early April each year. Has that NOT happened in 2020 because folks are awaiting a severance bonus? stay safe & healthy out there CVX

Has anyone actually seen or received an expression of interest email? If so, details please.

The dreaded white boxes with red lettering could show up at anytime on any floor in any building. Where will they be seen first?

10 million is the current unemployment number only after 2 weeks Oil is and will be under $30 for good 3 months time at least The economy is clearly in trouble, many can not.pay rent/mortgage that will spill into banks and financial market in the... — read more 

I am curious what people's though are on the number of layoffs that will occur and the date corporate will be back from working from home after the COVID-19 crisis. Example: 3000 June 1

I've said it before, and I'll say it again: GOMBU is donezo. To the remaining few that survived the ROM with their heads high and holier than thou attitude, good luck to you. Let the Hunger Games begin. But, look on the bright side; the toxic work... — read more 

I've always had a backup plan in an unlikely (at least until now unlikely) case I get laid off. But with the situation the way it is right now, my entire backup plan was shot to hell. And now there is a real chance I might not have a job sometime... — read more 

I checked Bloomberg futures and as I write this, WTI is down $1.12 (5.21%) to $20.29/barrel. The part I do not understand is RBOB (gasoline) is down $3.15 (5.49%) to $54.22 USd/gallon. What does that mean? Does not make sense to me. Anyway, natural... — read more 

with a boat load of CVX stock. What should I do?

SCM/P organization is extremely fat. All levels of SCM/P leadership have increased headcount with hefty pay grades. Very few positions provide value to the bottom line. The lack of engagement and understanding at the leadership levels have allowed... — read more 

I heard a rumour that redundancies/ severances for the ABU are being brought forward from October to July 2020. Can anybody confirm?

All employees are in complete suspense except for those who know that they are favorites and are safe in any scenario. The Chevron LT needs to provide details so that the impacted employees can begin planning "life after Chevron".

I was awarded a position in the off cycle jobs but would hate to move my family and get laid off in 3 months at a new location when the cuts come through. Does Chevron provide a relocation package back to where you moved from if you are laid off... — read more 

Has FGP been shuttered due to Pandemic and Russia/SA glutting the world market? Run by National Stafff? Expat staff repatriated? How about Base Business and expat staffing?

Heard from few folks that many open jobs were pulled, those who have been already got jobs are not sure to be moved or have a job, everything has changed yet they called it the spring g PDC is ongoing, such a fake hypocrisy, be a man and say it... — read more 

Now, let's watch the unemployment numbers tomorrow (5:30 a.m. California time)... More than 3 million Americans are expected to have filed for unemployment benefits last week as the coronavirus pandemic shut down much of the country, economic... — read more 

What do you think? Will permanent layoffs start right away or will they wait for things to return at least somewhat to normal?

You can save some jobs and cut expenses. Occidental Petroleum Corp. is cutting salaries for its U.S. employees by up to 30% in a bid to slash ex- penses, according to an inter- nal email reviewed by The Wall Street Journal. The Houston company is... — read more 

Any idea?

What are your thoughts? Will they continue with the outcomes of this past PDC or another one (as part as must-moves and trimming) and the resulting expense of moving people around? For example AMBU Pittsburgh, I bet the majority of the people... — read more 

From Boss Mike himself: CAPEX reduction from $20B to $16B. Including decreases of $2B in upstream unconventionals, primarily in the permian basin $700M in upstream projects and exploration $500M in upstream base business spread across... — read more 

With the inevitable layoffs and the Permian being effectively shutdown, how are things looking for GOM D&C? Got moved to Houston but have not even been to the office due to COVID. Hard to tel what is going on

Dividend is not guaranteed at this oil price.

The oil giant said Tuesday it would reduce its 2020 spending by 20% to about $16 billion, with the biggest cut to come in the largest U.S. oil field, the Permian Basin in West Texas and New Mexico. Basically, we are... — read more 

Chevron (CVX) is down over 10% and bouncing around just above $53.00.

THIS SITE IS FAKE NEWS...I work for Chevron and they are doing a lot for the employees that want to shelter in place to protect them selfs with pay. Those that can work from home are welcome to do so. Even the employees on the front lines... — read more 

Oxy is an example. Chevron should take prudent decision at this difficult time. Let us pray.

It is inevitable at this point, sell your stocks and have liquidity, for the next 1 to 3 years life will be very tough. The only good news is that you can defer your mortgage payment for 1 year, save as much as you can in your expenses as most will... — read more 

Permian fracking has always been sold as an easy to ramp up or down play depending on company needs. But the very steep Permian decline means any ramp down will quickly reduce overall field production gains. It will take many years to just get back... — read more