#bigoil

Eventually top tier locations will be reduced and reserve replacement will become a priority. Probability that Oxy merges with another company in the next 2 years

What company or market will CVX buy into next?
CVX oil finders particularly ex Hess G&G are not developing attractive runways and the companies doing a great job of decommissioning and divesting assets.

I was a contractor at Exxon a few years on a year long contract. When they got rid of me after I got their project done faster than expected they told me I was more than welcome to come back.

I have had at 4 instances where I was the right person for the job and right when things get moving in the right direction i get ghosted. Apparently I am not the right person to play in their dollhouse, which is fine. THEN STOP CALLING ME!!!!!!!!!!!!!!!!!

Just because you like wasting your time doesn't mean others like it. And judging by the posts on this site, a lot of others don't like it either.

So instead of prank calling people to come play at your unrewarding shitehole, just grow up and do something productive like seggs work on 45!

Water fountain rumors are that GoGo and Southernland have been meeting with outside legal teams negotiating an acquisition of P66. Anybody have any insight?
Watching the stock trades of the ELT and Board definitely makes one wonder if there might be some validity to the rumors…

Taking into account layoffs as well as your own intentions.

I currently work at bp and was approached by a recruiter with XOM. Would that be a good move right now? I’m not happy with bp, for obvious reasons - poor strategy, poor company performance, poor leadership, limited career growth opportunity, etc. From my perspective ExxonMobil looks leaps and bounds better, but I would love to hear thoughts from y’all.

I think Muse's Dead Inside should be Chevron's new theme song especially these lyrics. The leadership and company has no soul left....they are Dead Inside

You're free to touch the sky
Whilst I am crushed and pulverised
Because you need control
Now I'm the one who's letting go

You like to give an inch
Whilst I am giving infinity
But now I've got nothing left
You have no cares and I'm bereft

There is absolutely nothing we can do to improve our stock price. It will just change in lock step with oil and natural gas prices.

Hope this is not, “Short term gain, at the price of long term gain.”

The gist I took away was we’re centralizing more engineering in the US, using tech centers more and only staffing manufacturing sites with under potential 30 types. I’d expect when the current batch of lower potential 26-29’s get told they’re stuck, the “redundancy” problem takes care of itself.

I saw an armed policeman on the upper floor of the cube. I noticed him still there couple of hours later. I asked some people in my class about what he could be doing there.
One guy said the policeman stops every person that goes to the elevator and checks if there name is on a list.
There was obviously such an important meeting at the top level of the cube that employees were not allowed on the same floor as the meeting.

What are they discussing such that an armed guard is required to keep employees off that whole floor?

For those that have been around a long time, were EOIs offered in the layoffs before competitive edge, do you think the company will offer EOIs in the next round?

Overheard in the hallway that managers are being forced to rank their teams across all the ratings, even the lower ratings.

Has anyone heard this ??

Anyone else see the #Do Better Chevron post it notes on the broken glass in the Houston Sky Ring? Classic.

Apache may get 19 billion dollars of assets for a mere handshake 🤝 they only have $350mm cash…and stock is a dumpster fire. How will this affect employees and jobs?

Let’s convince MW to intervene

Any insight from the water cooler?

Will this breath life into APA?

Please be mindful of colleagues in other groups who have not been notified yet.

Laid off in Canada at 56. This blows.
Going through LinkedIn, it looks like there were a lot of us “of a certain age” that were let go.

I have been in similar shoes and I just want to send my words of encouragement out to everyone experiencing the potential grief this week. I call it grief because that’s what it is—a loss of a life, job, career, leaders, coworkers you once held dear.

Take at least a day or two to just process. Try not to be solutions oriented immediately. I already see some friends posting on LinkedIn. I know the desperation is seeping in, but please, take time to just grieve and process this first.

Then pick yourself up and reach out to friends who have left COP previously and talk to them about what they did to leave. There is a life after. You will be okay. Sending you strength.

"I fault myself for not paying more attention' is what CEO Ryan Lance told us is one of the reasons he has to cut 25% of the workforce. He was too focused on swallowing smaller rivals. Ryan Lance's was paid $23.12 million in 2024. $15.42 was a bonus. Wonder how much he will get in 2025 “for not paying attention”.

An appeals judge has tossed Phillips’s appeal of the $833 million judgment awarded to Propel Fuels.
Heh, Heh, Heh!!!

ConocoPhillips quarterly report was just published. From the highlights a couple things stand out to me... Very high exposure to US shale in L48 and $5 billion more in planned divestitures for 2026 are on track.

What's getting sold next that can generate $5 billion? Underperforming US assets? Someone else speculated Montney?

ConocoPhillips announces third-quarter 2025 results; increases quarterly ordinary dividend by 8% and announces preliminary 2026 guidance
November 6, 2025
https://www.conocophillips.com/news-media/story/conocophillips-announces-third-quarter-2025-results-increases-quarterly-ordinary-dividend-by-8-and-announces-preliminary-2026-guidance

• Delivered total company and Lower 48 production of 2,399 thousand barrels of oil equivalent per day (MBOED) and 1,528 MBOED, respectively.
• Exceeded $3 billion in dispositions in 2025 and on track to meet $5 billion disposition target by year-end 2026.

Whats the story with Amber? Is she really an ace with Refining? Or another looney leg-opener? Sure seems like a very big talker.

See WSJ Story from Oct 31 "How Chevron Got Caught in the Clash Between the U.S. and Venezuela"

Chevron has 3000 employees in harms way, propping up a dictatorship.

The response from Chevron PR is laughable.

“Our top priority is the safety of our personnel, the communities in which we operate, the environment and the integrity of our joint-venture assets,” a Chevron spokesman said. He referred any questions about the security situation in Venezuela to the U.S. government.

Look at his left hand.

https://www.linkedin.com/posts/exxonmobil-mozambique_this-week-we-had-the-honor-of-welcoming-activity-7389677374436646912-dF8N?utm_source=share&utm_medium=member_ios&rcm=ACoAAAghr0EBxYrvlW41szMwjPB1N_b7_qJtMYI

Cute!

https://www.linkedin.com/posts/imperial-oil_a-message-from-our-chairman-president-activity-7390055385530953728-68au?utm_source=share&utm_medium=member_ios&rcm=ACoAAAghr0EBxYrvlW41szMwjPB1N_b7_qJtMYI

Let’s start with the heart of it: their employees. Chevron loves to slap “safety first” on their ads, but the reality? It’s a revolving door of near-misses turning into nightmares. Just this year, in June 2025, their own CEO, Mike Wirth, had to send out an internal video basically admitting safety’s going to he-l in a handbasket—rising injuries, close calls piling up, and he’s begging staff to “reinforce standards.” Like, dude, that’s your job! But here’s the gut punch: This isn’t new. Back in 2013, a massive explosion at their Richmond, California refinery ki-led a 46-year-old worker because Chevron straight-up failed to train him properly on the hazards.  And in 2014? A gas well blowout in Pennsylvania fried 27-year-old contract worker Ian McKee alive—OSHA slapped them with a $940K fine, but who cares when profits are rolling in?  Fast-forward to now: Their El Segundo refinery racked up 46 environmental safety violations in just the last five years, and over a decade? It’s a laundry list of leaks, fires, and fines totaling millions.  They even coughed up $160 million in 2018 to settle claims over refinery accidents that could’ve been prevented with basic oversight.  If you’re clocking in at Chevron, you’re not valued—you’re expendable. One wrong valve, one skipped safety check, and poof, you’re a statistic. They preach “people before profits,” but the bodies say otherwise.
And don’t get me started on the communities they’re “blessing” with their operations. Chevron’s track record is a horror show… Take Ecuador: For decades, they dumped billions of gallons of toxic waste into the Amazon rainforest, wiping out Indigenous communities and leaving a cancer cluster the size of a small country. A court hit them with a $9.5 billion judgment in 2011, but Chevron dragged it out for years, accusing everyone else of fraud while dodging payment.   They finally “won” an appeal in 2018 by crying foul, but the damage? Irreversible—kids born with birth defects, rivers that glow at night, entire villages relocated.  Or look at California: They’re fueling Israel’s gas ops, propping up what critics call apartheid and war crimes while communities back home deal with refinery flares belching carcinogens into the air.  A 2021 report clocked dozens of unresolved environmental lawsuits against them, with Chevron ghosting fines and cleanup costs like it’s optional.  These aren’t accidents; it’s a pattern. They swoop in, extract, pollute, and bounce—leaving locals to foot the health bills. Communities aren’t partners; they’re collateral damage.
Oh, and the lies? Chevron’s greenwashing game is Olympic-level. They’ve been caught peddling this “climate-friendly” BS while funding denial campaigns for 50 years. California AG sued them in 2023 for decades of deception—hiding how their fossil fuels torch the planet while smiling for ads about “net-zero” dreams that are pure smoke.   In 2021, watchdogs filed an unprecedented FTC complaint: Chevron’s ads claim they’re slashing emissions, but their plans? A measly 5-10% cut that’s basically a rounding error while they drill like tomorrow’s canceled.  And just last month, October 2025, they’re in court again, falsely smearing a lawyer in a $51B climate fraud case as the bad guy—Oregon county called it out as baseless BS.  Even in New Mexico, they got busted allegedly faking remediation reports on oil wells, lying about cleanup to keep fracking unchecked.  Shady? This is criminal. They lie to regulators, to you at the pump, to Wall Street—anything to keep the cash flowing.
Look, if you’re a Chevron employee watching this—I’ve seen the X posts, the layoffs hitting 8,000 of you this year alone, the burnout stories from rigs to refineries—you’re not “essential.” You’re a number on a spreadsheet, squeezed for overtime, exposed to hazards, then pink-slipped when oil prices dip.  They use you daily, wear you down, and when you’re broken? Next applicant. It’s not a job; it’s exploitation wrapped in a uniform.

October 29, 2025

BY U.S. EPA

U.S. Environmental Protection Agency (EPA) issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for a project in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

“Texas has successfully managed underground injection wells for decades while protecting drinking water, and I'm confident they'll continue this success with Class VI wells,” said EPA Regional Administrator Scott Mason. “These permits advance ExxonMobil's Rose carbon storage project, creating jobs and protecting health and the environment through advanced technology. EPA is committed to removing bureaucratic barriers to unleash American energy.”

“We appreciate all the work from the EPA, under the Trump administration, to issue these permits for our Rose carbon storage project. It marks an important step in strengthening America’s energy industry through safe, permanent CO₂ storage,” said Barry Engle, president of ExxonMobil Low Carbon Solutions. “We’ve worked diligently to meet or exceed the rigorous standards set. Carbon capture and storage projects will create growth, jobs and economic opportunity, and we’re pleased to play a leading role in advancing their deployment.”

Class VI injection wells store CO2 deep underground after it has been captured from an emissions source or the atmosphere. These Class VI permits allow ExxonMobil to inject an average of 1.1 to 1.67 million metric tons of CO2 per year into each well, with a maximum total of 5 million metric tons per year across all three injection wells. Over the 13-year injection period, ExxonMobil would be allowed to inject a maximum of 53 million metric tons of CO2.

EPA regulations require ExxonMobil to conduct comprehensive site analyses ensuring the wells protect the environment during construction and operation, including preventing drinking water contamination and human-induced seismic activity. EPA also mandates that all operational plans meet site-specific conditions, covering construction materials, mechanical integrity, and emergency response protocols.

EPA proposed to approve the permits in August of this year and took public comments and held a virtual hearing. The final permit documents, responses to public comments, and other finalized or updated documents are available on the docket.

https://carboncapturemagazine.com/articles/epa-issues-three-class-vi-permits-to-exxonmobil-in-jefferson-county-texas

now FOX news changed the title, "oil and gas" instead of "oil"

The rules:

• 4x days per week of 1sq ft of unassigned space ... only if you're lucky to get on the good side of the 1.3 ratio - otherwise, you must work on your laptop in the lunchroom.
• Take your own keyboard and mouse home every day.
• Apply noise cancelling ear-phones if you want any kind of focus.

Does not apply to VP+. They get their own office (they don't work better together).

In the past few years, I've worked with a few people who came over from another big oil company, and they brought that same cutthroat attitude with them. As a result, in my area, being aggressive gets you promoted faster than being good at your job. Teamwork is a foregone idea no one really believes in anymore.

Predict and manifest Conoco’s reality for 2026 and beyond!
Will the company continue record production rates?
Will increases in incidents occur due to less people and more responsibilities?
What assets will be divested?
Will CEO buy better tailored suits?

https://www.digitaljournal.com/pr/news/vehement-media/berkshire-hathaway-acquire-occidental-petroleum-112390417.html#google_vignette

EM linkedin posts read like glossy fluff minus real talk, all buzzwords and self high fives while REAL questions get ghosted, because if results were REAL they would not need so many superlatives, so say something specific, show numbers, take questions, admit tradeoffs, name what faild, or keep the vibe the same high gloss, low trust, max cringe....

According to RL: Between 2022 and present, he took his eyes off the ball and our expenses increased by $2/bbl, due to the fact we hired 25% more people (in that amount of time)…

Could our cost increase be due to more than just over staffing? Maybe some cost overruns on projects (eg NextGen)? And will those project cost overruns end after this huge layoff? Or are we destined to do another round of layoffs in 2026?

I think, after the huge layoff is over, you’re gonna see a lot of other, small changes that will make it “not a fun place to work”. For example, they may begin charging a monthly fee for the gym. Insurance premiums will increase significantly. People will be asked to work 10+ hours of “casual” overtime, etc. You’ve already seen examples of this with PTO vs sick leave, and the “accrued vacation” policy changes.

I feel for the survivors because the sc--ws will tighten, and there won’t be many other job openings in the industry - you’ll be a captive audience, so to speak.

Sadly I think COP’s gonna be a different place to work than we’re used to.

The goal is to cut people or make them quit. Every tactic that pushes employees out is cheaper than paying them to leave. Exxon has turned into an intricate matrix of exploitation and attrition pressures coming from every direction. No wonder it’s now the king of toxicity. And it’s not as if the job is worth going through the wringer for. A couple of years and done seems like the only reasonable way to deal with this hellhole of a company.