Topics regarding layoffs at Chevron Corp.

Topics regarding layoffs at Chevron Corp.

ABU

Are there going to be more layoffs in ABU this year or is it finished for 2016?

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 

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 

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.

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 

Oil prices

Seems like may be heading for another post-july fourth downturn like last year.

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.

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| 842 views | | 2 replies (last July 5, 2016)
Post ID: @OP+IenT6Av

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 

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| 2320 views | | 11 replies (last July 6, 2016)
Post ID: @OP+IdgSk4w

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 

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 

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 

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| 1330 views | | 1 reply (July 2, 2016)
Post ID: @OP+IajEXOp

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 

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 

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