Anyone know how the pension plan works if you leave Chevron before age 60? I'm trying to find an answer and all the pension website says is "Please contact the HR Service Center for more details about what happens to this Plan when you leave... — read more
More disappointing earnings a reflection on CEO strategy?
Despite extensive cost-cutting and throwing everything but the kitchen sink at our “enviable” position in West TX and ramping up production 35% we have not gained ground. We have lost ground and continue to slip. Solid balance sheet sure but... — read more
The very last drop!
We examine the ramifications of a shrinking oil industry. The imminent stockmarket flotation of Saudi Aramco, which produces 10m barrels of oil a day, or 11% of the global total, is a sign that the end of oil could be in sight. Aramco’s... — read more
Any reorgs or layoffs coming in ITC?
Wondering if any big changes are coming
Please Note This Is A Rumor: ReOrg Annoucement Scheduled For Nov 22
Well, it is an official rumor (whatever that means from my boss in ETC), Upstream will be going through a full scale reorg which will be announced on Nov 22. It looks like Chevron is moving to an asset class structure instead of a geographic... — read more
What's Up with D&C?
what happened to the thread of truth bomb?
padc
after 30 years at padc ,and just retiringi found out i have arthritis in both knees,severe spine damage.arthriitis in my right hand,4 heart bypass surgery,and now have to use a walker to get around.tons of foced hours and heavy lifting especially in... — read more
rice
if chevron has a tanker named after susan rice please remove the name or face public backlash.
4/10 schedule
Have Midland and SJVBU adopted 4/10 schedules? If yes, how does this benefit Chevron?
ETC
ETC management is having offsite workshops again. That never tends to end well.
Honeymoon at ITC
While Chevron and and Microsoft are spinning their partnership as revolutionary and innovative, the truth is that Microsoft has Chevron by the balls, and Chevron is being forced to purchase millions of dollars in software and services they don’t... — read more
Chevron and Microsoft
While other oil and gas companies are licensing best in class software as a service that utilize open standards, Chevron continues to dig their own technological grave with smoke and mirrors such as “Growth mindset”, and programs such as FWE that... — read more
Interesting to read of CEO comments on CA versus TX given the 2.7 mil. fine at and CEO's recent divestment of 50% of his CVX stock.
The DOGGR notices of violation, the order to "take all measures" and multiple follow-up site visits by were essentially scoffed at by CVX leading to the 2,7 million dollar fine levied recently. Are CNAEP spokeswoman tweets bashing CA govt (hashtag:... — read more
So sad, the Reserves Advisory Committee is now a total joke.
I’ve been working reserves for almost 30 years, and I can remember when the the RAC was lead by knowledgeable professionals like Joe and Greg. The rest of the committee was made up with seasoned Chevron professionals who knew their technical... — read more
GE to freeze pensions
General Electric, once powerful industrial conglomerate and darling of the DOW, announced today plans to freeze pension plan benefits. A shock to employees who felt the pension benefit was a guarantee. GE has been slow to adapt to new energies, like... — read more
Richmond, El Segundo.
Both properties have leaked so much product into the ground that they are actually producing 800-1000 bbls/day from recovery wells, and have multiple barrier water injection wells surrounding the perimeter of the sites to prevent groundwater... — read more
Digital transformation
Chevron is really hyping the importance of digital transformation initiatives for the last couple years. The benefits seem to be showing up mostly in meetings and townhalls. Everywhere except the bottom line.
Rumors going around...
Something’s happening
Wirth at the White House
Looks like the Wirths were guests for the State Dinner for Australia
SJv
What’s next? With the recent diatomite issues one can only believe this will only begin to speed up the exiting of California assets.
Cip
If you retire this year do you qualify for the cip next year?
NY Times published even-handed article on FGP and Tengiz
https://www.nytimes.com/2019/08/29/business/kazakhstan-oil-tengiz-chevron.html Great photos of Kazakhstan ! Only thing that I wasn't aware of was this fight at TCO where 40 people were injured (not Chevron Way behavior)
Unemployment Insurance
I was laid off in 2015 after 35 years with the company. I received six months of unemployment after the layoff. Because I am now sixty-four years old I have not been able to get another job. Will Chevron approve another six months of unemployment... — read more
Background check from Chevron
How quick and how deep?
ITC Culture
https://medium.com/@clearleader2020/the-problem-with-chevron-itc-information-technology-company-85ed42c6b113
US Oil & Gas, which was once such a great industry, has been destroyed by shale. Agree (upvote) / Disagree (downvote)?
Agree (upvote) / Disagree (downvote)?
Who we acquire next?
Such a hot topic now. Pioneer, Concho or Apache?
Layoffs before the end of 2019
Yeah, I heard the same that Chevron in San Ramon, California will be announcing Lay Offs end of 2019 as well. My neighbor at Blackhawk is an executive there, he told me about it and not sure what to do about it. Looks like he is stressing out lately... — read more
LNG Price
Asian LNG prices have fallen under $4.00 per million BTU due to increased supply and lower demand. Price was last time under $4.00 almost 4 years ago. So, what's the deal with profits from Gorgon and Wheatstone? Are there any?
How much has Digital improved your business?
Curious to hear if anybody who has had experience in working on or with the McKinsey and BCG digital projects... Got any improvements in how you work yet?
WebEx presenting from the bathroom - achievement unlocked
I was not feeling well this morning but was scheduled to present in a CoP meeting. Thankfully I was able to find an out of the way bathroom and leverage the decent wifi network.
ABU
Does anybody know when the next round of redundancies are for the ABU?
Lump Sum Optimization
Everyone at work talks about the lump sum timing with regard to interest rates, timing, etc. What are your suggestions?
Pension Lump Sum timing
Everyone I know tries to time the lump sum perfectly with regard to interest rates and such. What is your strategy?
Carbon free by 2050
All the democratic candidates at the debates the last two nights repeated carbon free by 2050 might not be aggressive enough to avoid the worse effects of climate change. Many of our current conventional exploration targets have a 20 year time line... — read more
Has CUE been sold
If CUE has gone will the employees get a chance to be absorbed elsewhere
Another stellar Chevron moment in CA again.
Chevron showing their commitment to professionalism and responsible and safe operations in California again. Another nice big oil spill. Such a great company. Can't be deadwood - they don't work at Chevron, do they??!
Employee Survey
The annual employee survey is here. What feedback do you have for the company?