Thread regarding ExxonMobil Corp. layoffs

Sanity check

The COVID aftermath and Putin's "special operation" in Ukraine sent oil and gas prices soaring. I distinctly recall DW and others like MW from Chevron on MSNBC claiming the profits were due to performance improvements. They also promised "new energies" and a path to Net Zero.

After a few years, as commodity prices fall and the share price declines, discussions arise about competitiveness and the need to be the best. Even being the best means job insecurity because we must maintain that status of “best”.

Suddenly, achieving Net Zero has become challenging and oh well we are kind of looking at “new energies” but not really and it’s all about beating the competition.
Interestingly, the competitors are often our partners in joint ventures, and while everyone is profiting, it’s considered inadequate because the profits aren't record-breaking.

Leaders take no accountability and everyone else struggles through until the next cycle of spin.

Is it just me, or does working in this industry feel like Sisyphus endlessly pushing a boulder uphill?

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| 771 views | | 3 replies (last September 16, 2024) | Reply
Post ID: @OP+1usRlmKd

3 replies (most recent on top)

According to Global Projects we are currently in a very challenging environment. Can anyone recall when they last communicated that we are in a super comfortable environment so everyone just go take it easy?

Where's that boulder...?

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Post ID: @5jki+1usRlmKd

Visitor from another major operator. They are doing the same to uss.

Here is the problem what is competitive performance. They keep claiming XYZ does a drill in x day and completion in Y days. When you ask any details about what type of drill or completion they say they don’t know. They can’t tell you when the phases began or end at what step in the process. So how are they a comparison.

They just want cheaper Wells but all of the cost starts at supply chain and contracts

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Post ID: @5rel+1usRlmKd

What’s your rock doing at the bottom of DW’s hill, boy?

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Post ID: @cvf+1usRlmKd

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