Oct 10 (Reuters) - Top U.S. oil producer Exxon Mobil (XOM.N) is in talks to pay more than $250 per share for Pioneer Natural Resources Co (PXD.N), according to a person familiar with the matter. An all-stock deal could be announced as soon as... — read more
Beaumont going to cr-p
Is it just me or has beaumont refinery been going in the wrong direction in the last 3 months? Seems like it’s also trickling into the chemical plant. Folks just wanting to show what they did for “integration” on their performance reviews but not... — read more
No more news on the Pioneer buyout?
First the WSJ article. Then the news about the SVP arrest. Is the buyout not happening?
Senior technical professional
What is your experience with people in these positions- its being sold to us as equivalent to managerial track in terms of cl and benefits and prestige. Are principal engineers just rebranded specialists? Senior principal just placeholder low... — read more
Working at EM has gone downhill fast over the past decade
It was never a dream job, but it used to be so much better than this mess we have to deal with now. Every day here feels like a rollercoaster of uncertainty and stress. Plus, don't get me started on the office politics. It's like every decision we... — read more
Embarrassed to work at EM or be associated
It’s a liability professionally and personally.
Pioneer doing shady stuff to get a better price?
Is this a setup by Pioneer to get a higher price? ExxonMobil needs to walk away from making any deal now. It would be tainted.
Pioneer Buyout
Are there actually any positives to buying Pioneer?
Exxon’s Shale Boss in Texas Jail on Sexual Assault Charge
Exxon Mobil Corp.’s head of shale remained in a Texas jail Sunday after he was arrested for sexual assault at a hotel near Houston last week, police... — read more
Best Behaved SVP… Uncon!
This was pulled down before… I will post this again without initials. Australian Upstream Uncon SVP was booked last week for s-xual as--ult and dr-gs. These are the people that are trying to tell you that YOUR behaviors are the problem! Not the... — read more
Exxon Beaumont Ref
How is the work culture in Exxon Beaumont refinery? Heard its a shark house.. Any tips to be successful TECH LEAD would be appreciated
Enter Pioneer...worst kept secret
https://www.wsj.com/business/deals/exxon-mobil-closing-in-on-megadeal-with-shale-driller-pioneer-31b4092e?fbclid=IwAR3ibdI93jhsd8OsOnWLMVGP5ToZt4a9k0YRo6ibkXJ1jn0exI5j-u6JXKc
Nobel Prize
Some guy from Ohio State won Physics Nobel prize and look at our luck, we hired the worst in the entire mankind welders, materials and mechanical engineers from OSU, KSU, LSU etc. Only the worst come to ExxonMobil?
Projects S&D Presentation This Morning...
WT actual F was that all about????????
Company loyalty
Remember when Exxon was loyal to its employees and we were happy to be loyal back? When we felt respected and like we mattered? The company did great, there was no need to change anything. But I guess it wasn't enough after all. Greed brought us... — read more
ExxonMobil to sell majority stake in Italy LNG terminal to BlackRock
The asset was closely linked to the Qatar gas project. So apparently, the strategy is no longer to be present end-to-end in the LNG logistic... — read more
13 Operated Refineries
Saw in an interview with SVP of energy products that XOM expect "footprint to be 13 operated refineries by the end of this year". "The company operated or had economic interests in 19 refineries at the end of 2022." BR, BT, Beau, Jol, Nant, Scona... — read more
Clinton
https://news.yahoo.com/exxon-mobil-clinton-township-appear-092342523.html Does KM finally sell Clinton when the zoning doesn’t get changed?
New workforce transformation study
I heard there is a workforce transformation study that is going on, which as before, will lead to at least 15% reduction in headcount. Anyone with more info on this?
Imperial Oil Attrition
Seems like there’s a lot of more senior people with 15years plus of experience leaving Imperial. Is this due to the PIL/ PIP or just better opportunities outside Imperial.
Adios amigos
Submitted my resignation on Friday. What a relief. 25% salary increase, hybrid work with cool office in downtown, unlimited vacations, bonus, 401k with hundreds of funds to chose from, top health insurance and meaningful work, and no outsourcing to... — read more
Status of EM BU Divestments
Any news from Malaysia? Nigeria? Equatorial Guinea? Iraq? Are we continuing our assets high-grading?
Lost Skills
How many feel they have lost a significant amount of work skills they came to this company with?
LinkedIn post
Latest LinkedIn post from Amanda Rico. Yeah, I know she’s trying to drum up business but I think she nailed it on the toxic work culture. “ExxonMobil, why are you basing performance evaluations on feedback from staff who have NEVER worked... — read more
EM is the living proof that hard work doesn't always pay off
Unless your goal is to be rewarded with even more work for no extra money. In that case, this is the place to be.
What is more important to you?
Pay or title?
Difference between PIP and DPC
What is the difference between PIP and DPC? Don't both mean they want you gone? Do people who get slapped with a DPC get pushed out after 3 months like PIPPERS of they don't pass the projects given? Do they only throw a DPC at you when they want... — read more
ExxonMobil lobbies for blue hydrogen to qualify for tax credits under Inflation Reduction Act
https://www.msn.com/en-us/money/markets/exxonmobil-lobbies-for-blue-hydrogen-to-qualify-for-tax-credits-under-inflation-reduction-act/ar-AA1h139D ExxonMobil (NYSE:XOM) is urging the Biden Administration to allow hydrogen derived from natural gas... — read more
Exxon Evaluates Lithium Extracted From Brine
Mitchell Ferman Tue, September 19, 2023 at 1:50 PM PDT·1 min read https://finance.yahoo.com/news/exxon-evaluates-lithium-extracted-brine-205008391.html (Bloomberg) -- Exxon Mobil Corp. is experimenting with the extraction of lithium from subsurface... — read more
Exxon sees $16 billion in earnings for fuels, chemicals by 2027
By Erwin Seba September 20, 20234:35 PM CDTUpdated 2 days ago https://www.reuters.com/business/energy/exxon-sees-16-billion-earnings-fuels-chemicals-by-2027-2023-09-20/ HOUSTON, Sept 20 (Reuters) - Exxon Mobil Corp (XOM.N) expects its motor fuels... — read more
Top paid CEOs
Is he still underpaid? https://www.visualcapitalist.com/the-highest-paid-ceos/
Do Not Rest Until You Shed Annandale, NJ Facility and Employees
The researchers and managers at Annandale in New Jersey are among the worst - well below the subpar workforce the corporation is left with. There needs to be clear and focused attention to firing every one of current and past Annandale employees... — read more
I guess we're keeping the pension
Exxonmobil is unlikely to eliminate it after they just highlighted it in a company wide email. But then again...
Campus god pod
Anyone been to the EMHC god pod? What does it look like?