The Case for Breaking Up BP PLC BP PLC has consistently underperformed its peers, with its stock price trending downward since its peak in 2007. The company's latest financial results only serve to underscore this trend, with fourth-quarter profits... — read more
my job was just declared redundant.
i’m in shock. wasn’t expecting it but can anyone help me with the things i should take care of before my leaving date in june. i have full medical. im 60. thank you for any and all advice. 😀
Asset Sales
It is very confusing why they would want to sell a share of kaskida & tiber, castrol which are money-makers, yet hold on to the lower profit margin businesses like gas stations, bakeries, archea, bunge bioenergy...someone please explain this. Or have... — read more
Shell Capital Market Day
What is the likelihood of a Shell/BP merger being announced anytime soon…lots of rumours out there
Activist calls for protest vote against HL
https://www.reuters.com/business/energy/bp-activist-investor-follow-this-urges-vote-against-chair-lund-over-energy-2025-03-20/
They operate on the assumption that you're Pavlov's dog
The pending layoffs truly create a toxic work environment. The sad reality is that bp has no consideration for what it does to the staff by constantly rolling out these "reorganizations." They operate on the assumption that you're Pavlov's dog where... — read more
Reuters - Shell to be UK White Knight for bp
https://www.reuters.com/markets/commodities/shell-might-be-bp-uk-governments-white-knight-bousso-2025-03-19/
Annual General Meeting
If you were awarded reinvent shares or own any bp stock as an employee, you received an email on March 6th to vote in the AGM. Make sure you exercise your right to vote as a share holder of no confidence in HL and MA.
GC suddenly active on LI
GC suddenly has become active highlighting what a great strategy we set 4 years back and great progress being made and also highlighting reset as if it was her success!!!
Vindicated
Many of you that have left BPX and Bp for better companies and opportunities-How do you feel watching BP crash down? Even better, how do you feel watching undeserving leaders who are over promoted ride the ship down into the dirt? Isn't it rich?... — read more
P&C Chat With Kerry Townhall Was Disgraceful
I joined the TH today with an open mind only to hear the leaders laughing and being unprofessional. Guess they didn’t know the microphones were open or they just didn’t care. Shocked to hear inappropriate jokes from at least two leaders that talk... — read more
Reinvent shares
Glad I sold my RSUs straight away this morning before they dropped yet further! Thanks for the free money Murray but I don't believe in you to keep it in bp shares
When will technology changes be finalized?
When will BP finalize its technology changes and layoffs? While I don’t work at BP, I’m hoping they retain someone I know. Honestly, I can’t stand his arrogance and s-xist views, and I just hope I don’t have to interact with him again. — read more
Honest Q to MA
What questions would you ask MA in his next townhall if you weren't afraid of retaliation? Mine: Why are you still here? How haven't you been let go and would you fire yourself if you were us?
Employee Appreciation Day = Another Example of a Tone Deaf
Over the past week, middle management in our part of the organization have been pushing “Employee Appreciation Day”…during a round of significant layoffs. How clueless are these leaders? 1. The irony is not lost on anyone. 2. It’s not a real holiday... — read more
Elliott Demands BP Dump Its Petrol Stations
Here's the link. It is also suggested that Elliott wiĺl submit a letter expressing disatisfaction with HL in order to get rid of him due to him backing the green plans of MA and... — read more
Whiting
Interesting that the Whiting posts are getting major downvotes compared to other posts. Are there some Whiting bootlickers on here?
Shell to buy BP
Is Shell about to announce at Their Capital markets day? Apparently they have follow up internal meetings that have never occurred after previous CM days...
Whiting refinery silently laying off employees
Whiting refinery has been stealthily and insidiously laying employees off. Nobody is safe - expect more waves of layoffs to come.
compensation
why has muzza been paid millions of pounds to preside over such value destruction? anyone could have done that
Annual Raise %?
Is the percentage standard across everyone or does it vary by performance? I received 2% but I am curious to hear if anyone received more.
Been told I'm in-scope for redundancy
I had a call with a senior manager today where I was told my job is 'in scope' for the transformation change and the next step is group consultation. Am I right in assuming myself and around 20-30 of my colleagues will be on the same call where we're... — read more
Whiting Layoffs
Watched a bunch of people get walked off premises during a lunch that had a full on view of the sidewalk to the parking lot these folks were being walked off on. These id--ts have no shame. They couldn’t even time it to not embarrass these poor... — read more
Americas Webcast Fun
This longer post is very critical as I almost vomited during the americas webcast. Executive LT were making jokes, laughing and having playful attitudes during the session. No sombre or sober moods at all. GC said this new strategy was in play a year... — read more
JO
Praying that we sell lightsource so I never have to look at JOs teeth again
BP to hire two more directors as it pivots back to oil and gas
Source: https://www.ft.com/content/2e3f4250-644b-41d5-9a7b-82b31a48f0ce BP plans to hire two new directors to help it pivot back to oil and gas, as its chair Helge Lund responds to pressure from investors to strengthen the board. Lund wants the BP... — read more
BP’s bosses have lost all credibility
This is an article in yesterday's UK Times. I have copied it here in full, rather than the link because it is behind a paywall. From net zero to year zero. The BP boss Murray Auchincloss, promised a “fundamental reset” and, at least on paper, he’s... — read more
MA slept like a baby after “Reset” ramblings
His quote reported in the news. That’s nearly as bad as TH wishing he could just get his life back following the horrible loss of life at Macondo. While he sleeps soundly after that colossal failure of a “reset” the rest of us not sleeping like... — read more
Thoughts on internal reset call
Thoughts? Questions? I found it interesting that so much time was taken to explain why the stock price went down.
Capital markets update
God Murray is a terrible presenter! Bumbling along, no charisma, he is not a CEO. Kate on the other hand is doing a fantastic presentation, clear and passionate. Can we swap them round and hide Murray away again?!
The sh-tshow continues
what a disaster...bP continues to be a laughing stock.
another reorg for us, Castrol loosers
So, the current reorg has not yet finished, but they have just announced another, just for us, Castrol loosers. A "strategic review" of Castrol, OMG, this company is such a joke. Just sell us, for f*cks sake.
Murrays Reset....
So the email just came out. The 4-5 billion of savings to be made....is that on top of the 2 billion we've failed to reach, or an extension of that target?
BP SIGNS $25bn DEAL
According to the UK Times, BP has signed a $25bn deal to redevelop Iraq's oil and gasfields.
Regretfully, I’m still here
I made a conscious decision to ignore all the toxicity and not let them force me to quit. Now, I’m waiting to be laid off and collect my well-deserved severance. Unfortunately, I’ve been overlooked for now. I despise this place with a passion, and... — read more
Who received a my preference email???
wider or a few selected??
Why doesn’t the public know?
Why have we not seen the real reason for the latest layoffs at bp and their cross-town friends at Chevron? That all the cost savings and simplifying is being done by moving jobs from the US and UK eastward?
Exclusive: BP to ditch renewables goals and return focus to fossil fuels
https://www.reuters.com/business/energy/bp-ditch-renewables-goals-return-focus-fossil-fuels-2025-02-24/