Whiting refinery has been stealthily and insidiously laying employees off. Nobody is safe - expect more waves of layoffs to come.

why has muzza been paid millions of pounds to preside over such value destruction? anyone could have done that

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.

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 

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 

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 

Praying that we sell lightsource so I never have to look at JOs teeth again

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 

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 

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? Questions? I found it interesting that so much time was taken to explain why the stock price went down.

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?!

what a disaster...bP continues to be a laughing stock.

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.

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?

According to the UK Times, BP has signed a $25bn deal to redevelop Iraq's oil and gasfields.

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 

wider or a few selected??

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?

https://www.reuters.com/business/energy/bp-ditch-renewables-goals-return-focus-fossil-fuels-2025-02-24/

Anyone else notice middle mgmt engineering changes in 2024 were for the worst? Toxic environments created to purposefully drive good performing people out and those that remain are put on PIPs purposefully?

This article is from today's UK Telegraph. Reproduced in full, rather than a link, as there is a paywall. They seem to be putting the blame very much at the doors of BL and HL, however, they point out that the rot started with JB. 'It was meant to... — read more 

Anyone seen the Elliot presentation or deck for BP? They're calling for changes at P66 and believe the stock should be $200 from today's price of ~$125. All public at streamline66.com

https://www.reuters.com/markets/commodities/bp-weighs-sale-10-billion-castrol-lubricants-unit-bloomberg-news-reports-2025-02-18/

I told you last year that bpx was going to get cleaned out and brought back to Houston. Many of you doubted me. We aren't even finished with Q1 yet and we are gearing up for round two of layoffs. Mid managers and the Sandridge OK clique are up for... — read more 

https://www.thisismoney.co.uk/money/markets/article-14400649/Pressure-BP-merge-Shell-creating-national-oil-giant.html The sharks are circling y’all. MA and HL waited too long to reset our strategy. I’m both excited for something to change and scared... — read more 

Sunday Times 16 February 2025 Dominic Lawson We're Starting To Look Like Loonies On Energy Should you be looking for someone to blame for your pension fund not performing as you might have wished, consider the name of Bernard Looney. This is — or... — read more 

About time too! According to Reuters, HL may get the boot. Their point is that HL and his former employer McKinsey allowed BL to go ahead with his green strategy, and the share price has never recovered. A pity BL ultimately walked away from a mess... — read more 

I don’t want anyone to lose their job (especially me!) but why do we have such a high headcount compared to ExxonMobil and Chevron?

I understand that the first thing that comes to mind is the divestment of our renewable businesses, which I do not doubt. I just don't see a strategic player like Elliot not having us sale something of value as well to gain more capital. My thought... — read more 

Chevron is laying off 15-20% of their staff by 2026. That’s more than bp has committed to, and Chevron is actually performing well. I have a feeling things are going to heat up for us. The targets that bp has announced are just the beginning. — read more 

And what’s up with TE and team? Heard there’s going to be a d&c reorg. Thought the inner circle was safe.

Kate started the performance update by putting all the blame for our 2024 performance on refining specifically calling out Whiting. That is a deliberate signal. We should expect more to come on that during the strategy update at CMD.

Struggling to make a profit, no projects in the pipeline, and Whiting found another way to waste money by adding a new line of F grade managers. What is keeping bp from putting Whiting up for sale?

What everyone thinks about ACB scorecard results? Any comparisons with other historical low years?

And I’m all for it. America makes BP the most money yet the Bri-ish LT show disdain towards us at every turn and very openly. Especially Murray.

Ok, shares are up today by 7%. Like WTF is going on?