When will our new CEO do the same? Im sure the peers will follow SU’s lead, given pressure from the market.
Did AP really cash in over $30 million last year???
https://environmentaldefence.ca/climate-villains/ I am really embarrassed with these fires burning everywhere to work for a company that pollutes so much and makes up fairy tales about carbon capture.
Loser CEO
Our privileged executive who can’t even think about their employees suck. The air quality in the building is horrible but they’re so stuck on us not working from home they would rather endanger our health. They may get to go down into their cars and... — read more
HMGP
Anyone else notice that the new HMGP CEO has no experience in midstream. We are literally teaching him his job. How is this allowed???
Cenovus Continues To Spiral
Cenovus Energy on Wednesday reported its first-quarter profit fell by more than half from a year earlier, reflecting weaker crude prices and lower volumes in its U.S. refineries. Cenovus, Canada's third-largest oil and gas producer, lowered its... — read more
Here’s Johnny!!!!
When do we learn of the new CLT and VP changes and who is out??? Following another layoff round
Alternate kudoboard
Say what you want to say but know that you can’t on the intranet page.
Conoco-Philips is Hiring
Do you like four days in the office? Prefer a hybrid work environment? Check out the Conoco-Philips career page for current opportunities: Sr. Process Engineer Quality Systems Lead Project Quality Lead Scheduler
I love Cenovus
So very wonderful. Beautiful people. Excellent leadership. A real treat!
I hate Cenovus
Just completely hate it here!
Promotions for me but not for thee
Has anyone else noticed that the only people at Cenovus that get promotions are the management? When’s the last time you’ve heard about a regular employee being promoted to say a senior advisor or a senior specialist? I mean outside of HR of course... — read more
Layoffs
How low does WTI need to go before layoffs start again?
LTI RSU’s When Do They Pay Out?
Thank you
Retention RSU - When do they pay out?
Wondering a date the retention RSU’s are paid out? Thank you
Cenovus Has Become a Horrible Company
Cenovus has become a cheap, petty, and very untrusting company since Husky acquisition. Now that bonus’s are paid can’t wait to find something else. Very sad as was so great a year ago.
Minnedosa Ethanol Plant To Close
"After a detailed review, the board has concluded that it is not possible to secure ECCC carbon intensity credits to enable it to continue with its plan to build up sales and production levels without carbon capture & storage. Ethanol production is... — read more
Let's Compare Stock Prices
Over the past month: Cenovus is down 4.79% Suncor is down 0.87% And the week of CEO announcements: Cenovus is down 8.28% Suncor is down 6.22% What is next for these two competitors?
Jon
Any predictions ?
Let's Recap Q4 ... .. .
Cenovus posts $784M profit. Suncor post $2.43B profit.
Hong Kong taking control
As expected, Hong Kong has taken control. Husky is alive.
RSU payout?
Hey does anyone know on what date our RSUs get paid out?
AP Loves The Spotlight
Once again the pig is putting on lipstick. Interviewed by DAILY OIL BULLETIN on how he is the man to 'Navigate Cenovus Path Forward" with a focus on downstream operations and short / medium term strategy. AP better hope Superior start-up goes... — read more
P50 Company
I’ve come to the realization that if Cenovus wants to pay P50 and drop my bonus % and reduce my LTIs so they’re not even an incentive to stay here I’m now going to give them P50 type performance. I mean why do anymore than what you need to do. We... — read more
Let's Talk Engineering ...
Let's talk about the engineering support we receive on downstream projects. What a rag-tag group. Doesn't even cover all the disciplines. They fly in here with the "This is the corporate standard" attitude. We got by just fine before your group... — read more
Let’s talk IT - what is going on?
What is really going on in IT? Had a couple of interactions with different teams there the past month and man it seems weird. They don’t seem to know much and almost seem afraid to say or do anything….nothing like the awesome service we used to get! — read more
Lets talk about the Supply Chain layoffs, did it change something?
It's been more than 2 months after the shake up in SCM, thoughts on new Directors? KV showed she's beyond insecure by choosing "yes people" I guess the old dinos were too much challenge! I also heard lots of people miss SA she was a great leader and... — read more
Good luck
I was let go a few months ago. I have a job already that is paying me more and I have more time off. The culture is fantastic. Everyone is friendly and people are not toxic. I was able to get a job because I was recommended by an ex Cve employee who... — read more
confused CEO
CFO: Hey big guy, and I mean that literally, why can’t we keep any of our HR VPs? CEO: Well when we hire them we tell them how diverse and accepting CVE is and that we’re a modern progressive flexible company. After awhile they realize we’re just... — read more
Form 6-K
Cenovus published their Form 6-K on January 31, 2023. An interesting read. It talks about the re-start at Superior in Q3. It also speaks to another round of layoffs.
SWEATSHOP!!!
I just joined Suncor a month ago and they have been great so far. After 5 years at Cenovus and after the merger, looking back it is a true sweatshop now in comparison. Suncor treats ex-Cenovus staff like gold and they feel bad for the cr-p they... — read more
Message From Alex (II)
JOHN: The price of WTI dipped below $80. The $hit we produce is mid $50s. ALEX: We need to reduce our costs. Our headcount is still to high. JOHN: But we can't afford to pay people out. ALEX: Not a problem. Between the mediocre bonus, paying... — read more
Just Tradition Will Be Bo-m To Oilsands
What a joke. AP the lawyer who graduated in 1989 knows zero about the bo-m of the 1980's. "If we're successful in doing that, that is going to create a bo-m in the oil-producing provinces that is equivalent to what happened in the '80s and the... — read more
Rage applying
Starts as soon as bonus is deposited.
Varcoe: Cenovus CEO sees silver lining for oilpatch jobs in energy transition
'This transition, if done correctly and if we're able to materially decarbonize the Canadian barrel of oil, I actually think it should result in more jobs -' Really, from the guy whose company leads the oilpatch in layoffs since 2017?
Message from Alex - Please Quit
John, what can we do to make people leave? Alex, when you break it down the basics, it’s quite simple. First, let’s bring them all back to the office and treat them like children. Let’s monitor their scans and mouse clicks and let them know we’re... — read more
Another Day - Another Dollar
As we enter our third week of mandatory four days in the cubicle, I have to ask my colleagues, what percentage of your day is productive time? Last week for me it was under 30%.
Complaining constantly about the same thing
Either people still expect that something will change here, or they don't have enough skills to get a better job. How else to explain the long-term sufferers who keep complaining about the same thing, even though there are much better options out... — read more
Who is looking for remote opportunities?
I don't like the office, but so far I haven't been able to find a decent remote job where I wouldn't be paid less than here.
Happy New Year
Happy New Year to my CVE colleagues. So excited to start four days in the office on Monday. Yee Haw !!!
The New WFH Policy is a Groundbreaking Initiative
The new 4 Day office policy comes straight from the top. AP conceived it expecting it will breed loyalty to CVE through attrition. Those who don't agree will resign thus helping achieve staffing numbers without expensive payouts. It doesn't matter... — read more