Nervous refineries are next?
The company is not what it used to be
Many are leaving because of this and many more are planning to leave. Not that this management cares.
Excellent Q1
Reported loss for the quarter was $20.4 billion, compared with a profit of $2.3 billion for the fourth quarter 2021. Underlying replacement cost profit* was $6.2 billion, compared with $4.1 billion for the previous quarter. This was driven by... — read more
Naperville
What’s the latest with Naperville? I heard there was an announcement last week.
Oil price forecast
I hope the price will be above $100 for as long as possible. How long do you think high oil prices will last?
Has anyone regretted leaving?
At my age, it’s hard to start from scratch and that’s why I hesitate to quit. On the other hand, I personally haven't heard that anyone regretted leaving.
Not even oil prices raise morale
I plan to be here just a little longer. True leaders would think about why now that oil is high the morale of employees is as low as it was in the midst of a pandemic when demand had fallen sharply as people stopped traveling. Just saying.
I don't hate my job
I'm saddened to see how many younger employees hate working here. I can't understand why. The pay is good, the benefits are good, and it's a secure job. Yes, there are occasional layoffs but they are rare enough to be among the lowest in the... — read more
Missteps
So Bernie announced that BP is pulling out of Russia. India has not denounced the invasion of Ukraine while abstaining from UN votes and continuing to trade with Russia. Why in the he-l would you go on a trip to India now during this crisis? A... — read more
Pension plan
How does the pension plan work in the US? I’ve been with bp for 9 years and I’m 45 yo. How long do I have to stay to qualify for pension? I want to leave but I don’t want to leave money on the table.
Colorado Job Posting Salary Ranges
Due to a state law, Colorado posted jobs have to post a base salary range. I see engineering H ranges being 140-175K and G ranges being 150-220K. Most of these are BPX or pipelines. If I am about to be promoted to H, can I use these ranged in... — read more
Circling the drain
Even $100 oil can’t save us.
What's next, layoffs???
I don't like this news at all https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-02-28/card/ou5Q04spxLqfd4rMdhcs I wonder what the consequences of all this will be for the employees who are worried about losing their jobs. — read more
Bernard’s memo on Rozneft
A message to all bp staff on our relationship with Rosneft Release date: 27 February 2022 To the bp team, Like so many of you, I have been deeply shocked and saddened by the situation unfolding in Ukraine. We are witnessing an act of aggression... — read more
Rosneft -- Part 2
I had posted a thread late last week suggested that "if our purpose is to truly 'improve people’s lives,' it's time for bp to take a stand and stop doing business with Putin." The board did the right... — read more
Ethics
https://www.thetimes.co.uk/article/bps-solar-evangelist-bernard-looney-feels-the-heat-from-ex-wife-m2w8g6kjc
Rosneft
Both Bernard Looney and Bob Dudley sit on the Rosneft board in which bp has a 19.75% share of the state owned company. If our purpose is to truly "improve people’s lives," it's time for bp to take a stand and stop doing business with Putin... — read more
Bonus
https://www.thetimes.co.uk/article/bp-boss-bernard-looney-awarded-2-4m-annual-bonus-as-oil-prices-surge-33b37hg08
Three percent?
Wow, just wow …
Near $13B profit
Inflation is 7%, and the company is making giant profits. What good is the news of record profits if we don't have significant wage increases at the same time?
One foot out of door___
___and been that way for the last 5 years. Honestly, how long have you been trying to get out of here?
Pay rise
Who is going to quit if they don’t get at least a 6 percent pay rise? Which is rate of inflation. I’ll be straight out the door with two weeks notice.
Market Confidence
Oil is at an 8 year high Stock is near 25 year lows A shining bright yellow and green future ahead as Bernie and Lawler lead the company into oblivion
When will the next reorg be?
Surely trigger fingers are starting to itch? They have added a couple of new EVPs and SVPs and some others got bounced.. so surely they will be aching to fire some of the masses to put their own stamp on things. Can they fire us before our reinvent... — read more
Morale is terribly low
I would be very worried if I was at the top of this company, considering that the morale of the employees has never been worse. Even those who were very comfortable here are leaving. What else can be expected if the morale is so low? - Nothing good!... — read more
Opportunities outside the industry\
I’m a little tired of both this company and the industry in general. I would gladly leave at the first opportunity if I find something that is not this company or this industry. It seems that a lot of people who've left are actually those who were... — read more
Leave before bonus?
If I leave bp before bonuses are paid out, will bp still honor it and pay me the bonus? I know some companies do and others don’t.
Thoughts on raises and bonuses this year?
Any thoughts on raises and bonuses this year? Think the US salary tables will keep pace with inflation?
My final weeks here
I'm ready to leave. It took me eighteen months to find the right employer where I won't have to face the same things I did here, and I believe I finally did. BP is poorly run and managed and it's only a matter of time before some major consequences... — read more
How to advance career at BP
and how to do so without becoming a brown-noser? It is clear to me that hard work has little to do with advancing one's career, or not nearly as much as, say, building a network of contacts.
Omicron
Our team in Houston met for a Christmas party and now we're all dropping like flies thanks to Omicron. How many of you are in similar situations?
Annual salary increase
Should be good this year Bernard was saying all the right things on the last call! Normally they do above inflation so 5% at least?
Needing Advice
How do I leave this company the right way? I know some pretty great people here but I've seen some pretty awful behavior and toxicity within the company culture also stemming from leadership downward. Its starting to really get to me despite my... — read more
Looney’s Secret Meetings With Boris Johnson
Boris Johnson is a green politician. Many green politicians have investments in green initiatives and are anti oil. Looney has a fiduciary duty to shareholders of BP. The government refuses to release the minutes of these meetings after a freedom... — read more
BP Layoffs 2022
This is a master thread about BP layoffs? Any chatter, news or rumors?
FICA tax
Did anyone else receive a letter from bp regarding FICA tax on invested RSUs
Looney
Only Looney can have the stock down 4% on an earnings and revenue beat. Worst CEO in the history of the company.
Does BP Have legal Liability Too?
https://www.google.com/amp/s/www.nbcnews.com/news/amp/ncna1282605