In DWEP, Deep Water Expliration Projects, incompetency is above explanation. In its BOP team, they hired bounch of inexperienced engineeers with ZERO BOP experience to go out and manage the rig contractors, there is this team lead with NO experience... — read more 

I would appreciate your perspective.

If you were able to stay with Chevron, but were moved horizontally to a position you didn't necessarily know/want, would you be happy, and would you stay? I'm asking because I was put in this situation, which seemed fairly symptomatic of the issues... — read more 

Chevron gapped up big, up at $74.99, it hit a quick high of $75.00, and then sold off. Chevron tried to hold support at $72.50 to $72.60 but after 3:15 it couldn’t hold. At 3:25 it went negative and ended up closing down $2.10 (-2.9%). A drop of 2.9%... — read more 

Treating your employees like human beings is just bad for business, would you not agree with this statement? They treat you well when you're young so you invest your entire future with the company, retirement stocks, health and life insurance... — read more 

Thoughts?

Chevron still has a lot of additional borrowing capacity before impacting the AA credit rating. A dividend cut means the CEO and CFO lose their jobs so there won't be one until the board decides to not allow additional borrowing. Watson, as Chairman... — read more 

At the company's 2Q15 conference call on 31 July Pat Yarrington stated: "We intend to cover the dividend from free cash flow at whatever the ensuing price"; "That is a firm commitment." Looking at the latest financials that can only be achieved... — read more 

Well the official vote numbers came out 747 out of 751 voted to strike. Our "leadership" came out to tell us not to fret. All is well and we are 90% there. My relief asked this question to the leadership "Did we not make any progress in the last 6... — read more 

Now that CNAEP is done with RAE, any insight if management considers it a success? Will the approach of targeting people based on performance and PMP ranking become the new standard for how people are let go? Or was this a "one and done" exercise?

Just got offered my same job even though I expressed interest to leave. 48 hrs to agree or else they take it you're resigning in which case you won't get severance. Sigh...I guess I get to pretend to work a little longer

An across the board cut soon? How much?

Fukos get back to work or maybe don't do shit and without your active horrible leadership we won't spend $110 bil in 3 years. But in any event stay off this board. I can some it up for you, You suck and your plans are not a secret to the pond scum... — read more 

Things in the energy sector will be getting worse by this fall when many refiners start entering their scheduled maintenance season. This will tend to increase U.S. Crude stockpiles in an already oil glut, pushing the oil of oil downward even more... — read more 

Chevron looses 10.5 Billion a quarter and 42 billion for the year. Son the question is with Chevron's complete implosion would you lend them long term debt? Maybe at 3X the prime?

Will mgmt wait for the spring to perform an additional ROM or increase cuts in the October ROM? What is the % reduction target for the $35 oil case?

Oil prices are tumbling downward again, if this keeps up Chevron will be able to purchase oil cheaper than it is for them to get it out of the ground. What will happen to the field personnel when that happens?

http://www.marketwatch.com/story/all-30-dow-stocks-drop-more-than-25-led-by-selloffs-in-chevron-visa-and-apple-2015-08-24

Oils tanking. New lows and the stock market is exploding.

So FIFO voted for a strike as I predicted. Chevron kept insisting the union would not have majority of votes to strike. The union voted 94% to strike. They have to give a week's notice and will stop work for 24 hours. In actuality they will just slow... — read more 

Most bizarre and screwed up company you could ever dream up. That is why I left over a year ago when oil was still $100. I used to sit in meetings and stare at my socks, thinking, "WTF am I doing here?"

AMBU is the newest and smallest business unit we have. Why do I see so many post about them on here. Get over yourself AMBU. I will be glade when it's and NOJV and I don't have to hear any of you B!t(# anymore.

Tomorrow will be another day of slaughter in the oil patch. Chevron heading to 70. This is going to inject a renewed urgency to cut more costs.

Worshipping false idols like Kirkland, the useless garbage like We Lead, OE, The Chevron Way ("The" must be in caps!), Diversity Action Plans, Catalyst awards, mad men running the asylum, Watson disappears like the Wizard of Oz behind the curtain... — read more 

What's the latest there? planned growth?

Buckle up for the most bloodshed ever!! Thanks for PRC and George K. and his f***ed up Gorgon and Wheatstone projects, incompetent managers and team leads.