Are there going to be more layoffs in ABU this year or is it finished for 2016?
Gorgon and Angola
How are Gorgon and Angola LNG running?
Chevron need to update
Chevron is 20 years behind in its managment style .Processes and procedures from thd oil patch in 1978. You cannot keep laying people off if we as a company cannot change. All the human energy clap trap keeps going but no real change. We keep failing... — read more
Chevron's Engineering Capability
How will Chevron maintain its engineering capabilities if the Company has large numbers of experienced people retiring and others being laid off? Cash flow for the company is strongly dependent on facility reliability, but it seems that the current... — read more
Hot to invest and get a decent return in the current Environment
How are your folks who have retired in the last year investing your money ?. To me, both the stock and bond markets appear over valued at the same time, return on CD's or other comparable investments are negligible. How is one to make a at least a 5... — read more
Retiree Supplemental life insurance
Apparently I can maintain my supplemental life insurance as a retiree. In my case this is about a grand a year premium with a 700,000 payout. I don't see any term limits. So my wife or kids are guaranteed a big payout with moderately small premiums... — read more
CVX annuity vs Lump Sum vs reinvesting Lump Sum into alternate Index Annuity?
I'm still weighing options for pension. The more I look into options, the more confused it gets. Any advice from other recent retirees that have a ~$1.5M pension, $2.5M 401k and $600k in liquid assets? I'm particularly interested in logic around... — read more
Beginning of a spike in Interest Rates ?
The yield on the 10 year treasury has increased fro 1.3 to 1.5 in just 2 days, is this the beginning of a sharp increase in rates, if so maybe it is time to cash in your lump sum... Or it could be another head fake , who knows ...
Nigel Heard meeting BCG?
Hear the new MD of the ABU is currently meeting with BCG, presumably with a view to having them wave their wand over the ABU. Anyone's guess what that means in terms of who and when anyone will be affected.
Canadian Select
Canadian Select at 30 per barrel
More LNG delays?
Why is Asia Excellence delayed on loading vs original schedule announced 2 weeks ago? Asia Excellence still off sitting of Barrow Island. More missed commitments. LNG Buyers not happy. Why were cargo tenders at Angola LNG delayed? More missed... — read more
Keep holding on to that wet toilet paper rope that is Chevron, sooner or later it will dry out and strengthen.
Chevron is a $hit place to work. I am glad i don't work there anymore. What a phucked up place to be. Kiss my lily white a$$ Chevron.
CVX Vets, how did you get back on your feet after the last downturn?
I was a second-year FE who was laid off at the end of last year and have been desperately looking for a professional position since. I had enough savings to get me this far but I am running low due to unforeseen medical issues. If you are a veteran... — read more
Severance direct deposit July 7 pay check
Sooner than I expected. Chevron has been good. Sad good bye.
Oil prices
Seems like may be heading for another post-july fourth downturn like last year.
Are we headed to zero or negative interest rates ?
i have been let go, was going to cash in the Lump sum, but with interest rates continuing to plunge, Iam thinking of delaying till I turn 60, any thoughts would be appreciated
Is there at least on MCP we can point to as a win over the last ten years.
I was at CBU and I can honestly say we had all failures. Over and over. In the biger Chevron CBU's failures were small compared Angola, Wheatstone, AMBU, Bigfoot.....all horrible failures. Is there at least one big win Watson can honestly point at?... — read more
Happy Birthday America!
Even though Chevron laid me off a few months ago, I still get excited and feel special on the 4th of July. I hope you do also.
4th of July Observations
First of all, I want to wish everyone here a wonderful 4th of July Independence day! I drove from Westheimer at Dairy Ashford to downtown Houston. I then drove all the way down Louisiana, turned around, and dove back down Smith street. I saw a total... — read more
Another MCP
Chevron is prepared to spend $40 billion dollars to develop the Tengiz oil field in Kazakhstan, the most expensive oil industry project in the world for 2016. You can read the story on Fuel Fix. I hope they don't use Gorgon as a model. I have already... — read more
There are no other boards rife with petty children, hateful bigots and bitter employees/ex-employees like the Chevron board.
Does this speak to the kind of person associated with CVX?
It's finally over
My last day in the office was Thursday ,I want to say that having this site available during the entire ESP process has been a big help. Just having a place where I could vent or rant a little helped me get thru the process. Many of my questions were... — read more
Question: How are all the 6 month+ laid off people doing now? Did you find other jobs, relocate or are you still searching?
I'm wondering how all of you are doing? I was laid off and <5 years experience, and have not found any decent opportunities so far. Everything so far has been < 30% what I was making before.
TCO
TCO is replacing contractors with CVX personnel. That's worked out well in the past. I guess CVX has to hide the chosen ones somewhere. What does XOM do differently than CVX, a lot of things like make people accountable for their productivity and... — read more
Gorgon
Congrats on another shutdown! Another failure to add to the list.
Status of the Houston Express these days?
With all the expat de-staffing in Angola, does Sonair's chartered World Air "Houston Express" still fly? If so, who flies it (other than Angolan elite on shopping trips and college student commutes during breaks?
Back to the women Slackers in Covington
We could easily reduce head count by getting rid of the women who spend their days on Facebook. They think no one is watching but we are. Time to pull the plug on these losers.
Funny How $hit Comes Around
There was an ops mgr years ago in Lafayette who was sent there to dissolve the western assets and shut down the office. He didn't do that because he felt like there was a great deal of opportunity left in the aging western assets and that there were... — read more
Management Layoffs
Of the total people laid off from Chevron, what fraction have been managers? Then going to the top, what does John Watson need to do to get fired? Is he not responsible for the screw-ups in operations at Gorgon and Angola LNG, along with project... — read more
Pension Paperwork
If I want my limp sum payout to be September 1st, If I send my pension paperwork after August 1st, that should work, correct ?
CPL New Org Chart is Finally Out
Yep the new CPL Org Chart is making its rounds. It'll be interesting to see whose left standing. The CCAAT is scaling down to a leaner meaner group and no contractors after next year either - big changes around the bend. Hang on its gonna be a bumpy... — read more
How long has Chevron taken to send out COBRA healthcare package?
I am anxiously checking and waiting to receive the COBRA package to sign up. My wife is undergoing care and we will delay all non-emergency appointments until coverage is back in force. I just wanted to know how long Chevron takes to make the... — read more
TCO rotation assignment ?
Yay or nay? Does anyone have experience or opinion on rotation assignment in Tengiz?
Lump sum or pension annuity start date logic
When one retires, a date may be chosen to receive the lump sum or start annuity payments. Thus, a delay is possible. Can someone explain how they determined the optimum start date? Just watching interest rates? How long can you wait to specify the... — read more