Oil is $84 a barrel and we have been cutting costs for over a year now. Hurricane IDA had an impact but LT has already started tempering expectations with Wall Street and talking about our bad year. Is this years BPF going to be artificially deflated... — read more
I hear a rumor they are seriously thinking about this ......
It used to be a thing but not anymore, it seems.
Managers have already written off this year's results due to the reshape. So why fill it out?
Did BVB really just say “We’ve said goodbye to oil and gas?” What does that mean for all of us who work in operations, maintenance, drilling, exploration, etc. every day? Is the company saying goodbye to ALL of us too?
Any thoughts on how Shell is going to implement work flexibility following the return to premises across different functions?
What percentage of people do you think will go to Midland, and how many will prefer to receive severance?
I see XOM is ki----g it on the exploration front. How is our exploration going ? I never hear of any notable discoveries ...... Mexico ? GOM ? Anything ? I would have thought there would be something after selling billions of boe of resource in the... — read more
I hear rumors everyday (biodiesel, CCS, etc.) about Convent but still no word from Shell. I almost wonder if they are having second thoughts about their plans or if they just can’t sell it.
Folks struggling through acquisitions/re-org, it’s worthwhile talking to recruiters/consulting companies/network and applying to various job openings through LinkedIn/Glassdoor. I got 2 offers in a single week last month and started my new role this... — read more
I was contacted via Linkedin for a Senior Finance Advisor - Renewables position at Shell. Does anyone know if this is a good position and the salary range? Thank you in advance.
I guess most of the money from Permian sales will go to shareholders?
It sure is nice to see the shoe on the other foot lol! Don’t get me wrong this situation stinks for all of us involved but I find it funny seeing the TLs getting a dose of what they dished out during Avanti!
So Shell let go a bunch of CR positions not long ago, but now is hiring external for a CR position in Canada. I thought Avanti had it all sorted out.
Anyone else listening to this garbage?
Are there any assumptions as to how many people will get laid off as a result of consolidation? For me, move to Midland is not an acceptable option.
too funny gretchen mentioning the positive market reaction to the deal to defend that this was a good deal for shell. xom is up more than shell since the anouncement. cop is certainly up a lot more …. the fact that all shell knows to do is to give... — read more
Having the office staff move to Midland is BS. It’s a great layoff strategy between Shell and COP so no one has to pay severance.
What a strange document! The first line should have said - all impacted employees can apply for voluntary severance. Does Conoco really want hostile employees transferred? They should do wink-wink nudge-nudge and not take those who don't want... — read more
Is the lady done? Will they retain her to send weekly diversity/inclusion/equity (in short, DIE white males) emails???
but any ideas on how the Permian sale could affect employees?
The acquisition from Chesapeake was $1.9B in 2012, the sale price now is $9.5B. On paper, seems like it all made money. Anybody familiar with the Permian financials over the 2012-2021 time span? How much of a money pit was it? Or did it actually... — read more
if you pick leaders that don't have a clue about the business it does not matter what strategy you think you are pursuing .... it will fail ....
I used to panic about being on the layoff list. After all the layoff rounds I’ve survived, I can now say that after each round it became harder for me to work here. Now I no longer inquire about the next round of layoffs because I am afraid of... — read more
@WSJ scoop: Shell is close to a deal to sell assets in the Permian basin to ConocoPhillips for around $9.5 billion as it invests more in renewables
looks like gom production will be shut for rest of the year. what a cluster …. makes the speculated impending permian divestment all the more ridiculous. flow assurance anyone ? diversification ? strategic failures all around. why are we in a... — read more
The company's values should be lying, favoritism, and zero tolerance for respect. Not honesty, integrity and respect. Thoughts?
Anybody here work at Shell Chemicals, I work in Shell but not the chemicals buisness. I hear alot of talk about how this buisness is a pillar buisness for the future. However with possibly lower demand for plastics (where the majority of ethylene and... — read more
Has it happened to anyone that you accidentally started looking for a job from a company computer? There probably won’t be any consequences but I’m a little paranoid right now.
When will we see another bloodletting? Any word?
WTH? They are leaving us in limbo telling us to arrange childcare, etc. and that basically we have to be ready to go into the office beginning October 4th at the drop of a hat. Yet our supposed "competitors" (Google, Apple) are at least upfront with... — read more
Where in the world is our country chair? Other than some nonsense Twitter posts she has been quite quiet.
So this layoff was supposed to be 1000s. Where are they?
During Avanti and Re-shape, it seemed like a lot of folks in the 40s and 50s got f-ed over when it came to retirement benefits etc. It doesn't seem like a carrot anymore. What percentage chance do you give yourself lasting 25+ years to get those... — read more
if you’re planning to stay in O&G, private company outlooks are better than public ones. Someone mentioned this so I am interested in what are the experiences of those who have worked in both types of companies, where is it better to work? Also... — read more