As everyone knows, Rosebank is still being worked up with FID in Q1 2019. What is everyones thought on this project? Is it going to get the green light or not as the case may be? CVX recently said 'Rosebank' was not part of the asset sales in CUE... — read more
Chevron & Digital Transformation
While doing a comparison of other majors, consulting and Chevron - it seems Chevron is really behind in salary increases and market value for those folks who are actually capable of changing the way the company truly works. We continue to lose our... — read more
No promotion for petro tech this year until pay grade 25
Individual performance does not matter. Last year, they promoted everyone until pay grade 24. Recall double promotion. This year, they plan not to promote anyone from that group at all. Insightful way of motivating the workforce. All decided by the... — read more
Layoffs for violating security policy?
Are folks being suspended and fired for violating security policy? What gives?
What PSG do you get equity shares?
At what PSG do employees start obtaining equity bonuses? I heard it was 26 ? Also what is the average pay for the following PSGs. 28 27 26 25 24 23
8/16 SJVBU Rabobank Arena meeting
Anyone know what this meeting is about. Possibly selling some or all of the business unit? Nothing would suprise me now days.
Tunnel collapse
How is it that PRC can not manage the Harvey tunnel repair MCP without massive delays and huge cost overruns? I went underground for a troglodytic lunch today and was shocked and appalled to find the Chevron tunnels still under repair from Harvey a... — read more
Q in control of Chevron
With the QAnon take over of the board of directors, expect another ROM before the storm.
ABU
Whats happening in ABU? Has ROM started? How many will be let go?
outsourcing and other tricks already tried
The more things change the more they stay the same it appears. As reorgs are taking shape it appears that the old saw of saving money by outsourcing is in vogue. Not withstanding certain employees, do 'partners' really care about the bottom line as... — read more
how will the employees ranked vs. managers at the same pay grade level?
The salary realignment this year put many employees at the same pay grade level as their managers, who didn't get a promotion. Would this cause a problem at ranking? Seems that a lot of managers have resentment toward this and may intentionally rank... — read more
Ethics Alert
Turning the reins over to a contractor to function as a team lead with the ability to interview, hire and fire other contractors has been shown to be a huge mistake. There are people in positions of leadership who do not see a problem with a... — read more
Stupid Chevron Ads
I was just an expendable contractor who got expended in 2016. I was too old to continue any type of job in the oil biz, so I moved out of state far away. Occasionally one of those 'doer' Chevron ads comes on tv or the radio. I was hoping those had... — read more
Job cuts in ABU
Earlier info on job cuts in ABU is incorrect. There are no job cuts.
Old Hands... Rank the CEOs
I think everyone can agree Watson was an absolute disaster as a CEO, but the early years of his reign of terror were covered up by high oil prices. Imagine how bad the downturn would have been if Kirkland was CEO. Holy moly, the company would be bust... — read more
Sjv Post 2020
How is it going ? I hear rumors of more changes in the works.....
What is going on with Chevron?
10+ year employee here. Wondering why this company is so hell bent on divesting. Upstream, Downstream, Midstream. Where is this company going? Are they using the "shrink to grow" strategy? Outside of Tengiz and the Permian, what is the next bright... — read more
This is a good read!
https://www.texasmonthly.com/articles/so-you-want-to-be-chairman-of-exxon/
CUE assets being marketed
So at 3pm BST today, CUE management called a town hall with less than a half hour to go until the start. All of our assets - Alba, Captain, Alder, Erskine, Britannia, etc - are to be marketed and buyer(s) sought. 'Keep an eye on the SharePoint site... — read more
Should manager and supervisors be worried?
Now that our society is moving towards victims of bullying and persecution fighting back in more effective ways, should some managers and supervisors at Chevron start to think about the future and the consequences of such actions at work? Do they... — read more
Chevron to cut 400 jobs
https://thewest.com.au/business/energy/chevron-set-to-axe-400-jobs-ng-b88879225z
Mid in Growth
Is Midcon growing? I am a ten year employee with varied experience. I am thinking about trying to move to Midcon from Downstream if that is possible. Sensible input is appreciated.
Expats
How many super highly paid expats with their zillion allowances are out there? Each expat is at least a million dollars in cost. Eliminate 500 expats or move them back to their home base where possible. That is at least 500 million bucks. Could be... — read more
2018 layoff package
With all the upcoming 3q and 4q layoffs, does anyone know what the US payroll package will be this time? Two weeks per year of service? I heard they might sweeten it.
Rumors of GOM move
I work in the Covington office. Rumors have begun to circulate that the office will be closed and everybody will move to Houston. Any truth to the rumors or folks just gossiping?
ABU ROM is on in Q3
Confirmed: ABU ROM is on Q3 by MD in Town Hall to be finalized by Q4. Headcount reduction will be conveyed in various Functional Team meetings in coming weeks.
Steel Tariffs
Will the proposed tariffs on imported steel have a significant negative on drilling?
FGP No where to go
Just bumped into an old work friend on FGP....Worked on Gorgon. Told me Chevron brought many old expat managers from Gorgon with no real jobs. Exxon looking on in horror, Oh and he said Gorgon was not as bureaucratic as Tengiz ..have we learnt... — read more
ABU ROM in Q3/4
Rumour has the result of BCGs almost 2 years of “consulting” will be rolled out in July with a ROM following the new Value Chain Alignment org structure. I imagine middle management will have to take a hit. Far too many of them. Also expect... — read more
CUE’s future?
Thoughts on CUE’s future?
Medical Premium for Early Retirement
Planning for early retirement but very confuse about company contribution i.e. 57%. Can someone please provide your best gestimate of monthly premium for CVX PPO plan after retirement (currently I pay ~$280 monthly)?
Learn new things or be laid off?
I've been with the company 29 years in the D&C organization, and I was told this week that I needed to learn some new things or basically get the boot. I talked to another colleague in IT, and even he said that apparently we are trying to get people... — read more
Chevron vs. Exxon Culture
I've worked 3 projects as a contractor for Exxon, and now have been a Chevron employee for the last 4 years. The two companies are completely different in attitude. At Exxon, they almost expect you to work an extra 10-12 hours per week. 40 hour weeks... — read more
Let the ABU Hunger Games begin!
I love this site. It is soooo good and amusing to see Chevron anecdotes being distilled by all and sundry - this is why I come back despite being an ex Chevroid and feeling better about it in my new skin! Looking forward to seeing more posts on ABU... — read more
ABU - the mayhem commences
Morale is at super low levels. BCG has been in the building like for ever. It is the uncertainty which is the most unnerving. Also all along the messaging has been super confusing- perhaps deliberate. Management was saying all the time - oh this is... — read more
Can Oil Hit $100?
anytime soon
interest rate rises and lump sum erosion
I estimate a .5% increase in interest rates reduces the lump sum 6%. This reduction could take 6 months of working to recover if rates do not increase further. In the current rate increase staircase, today may be the peak lump sum for people with 20... — read more
Best CVX company car?
Who has the best Chevron-provided company car? I hear in Africa all expats get a fancy leather-wrapped SUV of some sort. Same thing in Latin America, only armored. Those things must cost a pretty penny. I heard Canada gets nothing basically. We... — read more
Chevron closing in on all time high
Next week we pass 135!