Not sure why ETC has much higher PSGs than BUs. Some of the first level supervisors have 26,27 PSGs comparing to 24,25 in BUs, and it is so easy to get to 24,25 PSGs for individual contributors. Clearly they understand how to justify the impacts and... — read more
The Layoff.com
It has always had its share of trolls, snowflakes and snowflake killers, but The Layoff.com (Chevron) used to be a fairly lively source of information about the company, if nothing more than for entertainment value. Now days, it just seems to be... — read more
Proof we are among the best
For naysayers and whiners - Chevron is among the best places to work for on Glassdoor once again this year despite all the detractors. Employees have spoken, loud and clear. We are where we belong... — read more
Chevron sells assets and exits Azerbaijan
According to this article Chevron, along with its peer Exxon, is planning to sell its stake in Azerbaijan’s largest oilfield, ending a 25 long presence there. The official statement that the company wants to focus more on domestic production, but I... — read more
Chevron Moving Headquarters to Texas
Do we have any updates on this, I know it's a sensitive topic and that I'll get a ton of "You are starting rumors again" but wanted to ask nonetheless. I am not claiming the move will happen and I claim no insider knowledge on the topic - I am merely... — read more
Chevron Destroys Careers
Chevron has destroyed my career. Laid me off without a thought. One day I hope before I depart from this world I will see then destroyed like many of the other giant oil companies like AMOCo etc. No consideration for ppl
Express Scripts - Retired/Layed Off
What has been your experience with getting medication through this corporate supported company? Personal experience from two 30+ year retirees - rating is 0.5 of 5 with 5 being highest. Arbitrary cancellation of pr-scrip-ions. ES blames our physician... — read more
Oil prices
Oil prices plummeting. Get ready for major layoffs next year. Too much oil in the market with Shale oil revolution.
Tengiz New Housing/Office Compex Status
Any truth to FGP (Future Growth Project) pining away $500MM on the new Tengiz Housing/Office complex only to mothball it before it was completed? As I recall, it was supposed to be named (in Kazakh) something along the lines of Prosper Village... — read more
2019 Bonus ---- your best guess
Corporate factor = 1.25?
Chevron is in the race to acquire Endeavor Energy
Not a lot of info has been disclosed about the selloff of the privately held Texas oil company Endeavor Energy, considering that at this point it is considered confidential info. Unofficially, Chevron and Exxon Mobil are going to put in a bid. If... — read more
The new president of oil and gas in North America
Chevron announced the appointment of the new president of oil and gas business in North America. Steven Green will take over this function in the company, following the retirement of the current president Jeff Shellebarger... — read more
WTI is Now Below $60
The downward slide continues. Just in time for pre-Christmas employee headcount trimming.
The golden quarter for Chevron
No one can argue the impressive results that Chevron achieved in Q3, not only surpassing the market predictions on the earnings but also achieving the biggest level in production yet ( 3 million barrels a day). I have to say that the company made... — read more
Sadly, CXX’s sink do the bottom was on display in the MCBU RAC Review.
The asset teams were very welll prepared, but the GM of Global Reserves wasn’t attentive to the process he manages. As a result there wer a number of pointless reviews and the team was left wit a view that the GM didn’t even understand the debate at... — read more
Will Chevron overpay for the PRSI refinery?
Sounds like a match made in heaven. One company eager to sell and another slobbering all over to get in. But since Chevron doesn’t have a team of clever negotiators, I bet you 10 to 1 odds Chevron bungles the deal and overpays big time. Maybe even... — read more
Petrotech Salary Ranges
Does anyone know the salary ranges for petrotechs for each of the PSGs or if this info is available?
Completely overloaded with Petrotechs and centralized staff
My goodness me. If Chevron does not see that we are completely overloaded with Petrotechs and centralized staff (ETC+UC+PRC) we won't survive more than five years- Please management step up and do what needs to be done for stockholders. Company needs... — read more
Chevron Layoffs 2019
Do you think there may be small/medium/large Chevron Layoffs in 2019?
Chevron is buying the PRSI refinery from Petrobras
The article reports that there are ongoing talks between Chevron and Petrobras regarding the acquisition of the PRSI Refinery in West Texas. As it seems, Petrobras has been eager to sell the refinery in order to meet their asset divestment plan by... — read more
CVX Stock getting hammered
Chevron stock is being brought down by the slowing world economy. As of Monday October 29 it’s in the $107 area minutes before the close. Who didn’t see this coming at the end of September has little clue of what their 401k is meant for. I hope you... — read more
Chevron settles EPA allegations for violating the Clean Air Act
As the article states, Chevron agreed to pay a fine of approximately $3 million and agreed to invest $150 million into its refinery infrastructure to reduce the risk of air pollution, as part of the settlement with the EPA. If anybody is interested... — read more
Get rid of RFCU Team Manager positions
The only unit in ETC that has this useless level of management. Waste of money.
Ryder Scott Rumor
Wow, that rumor about Reserves being outsourced to RS was taken down in less then an hour. Must of hit a nerve!
Do current GOM AD, E&A, or G&G Ops petrotech personnel really think we are “right-sized” as the VP states?
If so, why has office morale returned to the low levels and stress returned to the high levels seen in the ROMs? The recent employee survey is revealing significant job dissatisfaction despite staff resilience in the wake of the price downturn. Will... — read more
Houston Cafeterias
Do any of you layoff victims miss the 1400 or 1500 cafeteria? Food is pretty good there and prices are lower than anywhere downtown. You like 1400 or 1500 better? I'm sort of surprised sometimes at how many employees appear to be lounging around the... — read more
Who will buy CUE assets??
With CUE marketing off most of their North Sea, Aberdeen assets, who would be the most favoured buyer?
Chevron pre-65 health insurance costs
Can someone chime in on the costs? Thanks.
ITC Reorg is coming...
ITC Reorg is coming... Hold your ankles
Horizons
I have gained little from completing the Horizons program. Disillusioned with Chevron's mismanagement of young engineers' careers, I left the company soon after. In hindsight, I wish that when leaving school I had the insight to go work for an... — read more
Why is Chevron buying back shares instead of investing in their assets?
How does that make sense? How many ubdrilled locations do they have in the Permian? How is it better to buy stock than to invest in 80% ROR projects?
Nasty Comments and Bullying
The supervisors and managers who don't have the stomach to see the candid discussions on this board, but cannot refrain from visiting it and bullying those who post, should take note their nastiness is a pure reflection of their actual management... — read more
ABU
Hows it going in ABU? Has axing started?
Anyone laid off with good job performance?
Chevron seems excessively democratic most of the time. People with high ratings (consistent 1 performers) get promoted. People with 2- or 3 are the first to be laid off, followed by benchmark 2s. Any high performers laid off (or fired)?
Chevron is taking its position on the Mexican market
Finally some good news. Giving that Mexico has a fairly large market with big demands for oil and the fact that it just opened it to foreign companies, I’m sure getting there on time will benefit us a lot in the long run... — read more
WorkPlace - Facebook for Chevron
A portion of the company has had WorkPlace rolled out to them. I think at the executive level, they post messages that are very intentional and planned out with some cadence. That's not a bad addition to the company, honestly. On the other extreme... — read more
What's the future of Chevron office in Covington, La.
Any thoughts?