Preaching to the choir, I know. The thing that bothers me the most about the new ranking system is I have NO IDEA where I rank among my peers when I get “Strong” year after year with little feedback from line manager other than trite BS like “keep... — read more
SPDC Sale to Renaissance…lay-offs imminent?
Any news on the SPDC Sale to Renaissance…lay-offs imminent?
Board is quiet considering the mass layoffs in Q1
Just surprised how quiet this board has been considering the number of layoffs in the pipeline (No pun intended). I know Chemicals US have new org charts out already but still nobody is posting. Jiffy Lube is in the middle of a reorg but nobody is... — read more
Raises?
What is the anticipated pay raise this year?
Sparta FID
Maybe this will help slow any potential layoffs in the next few years. Thoughts?
No Severance this time?
There is a rumor that with the upcoming staff cuts the typical 3 weeks per yr of service wont be offered and only the legal minimum would be.. Also no volunteers either, they will tell you that you have been cut... Very different from past reorgs... — read more
Layoffs
I think it can't be more clearer than this. P&T org wide restructuring is evident. Has anyone watched Robin's talk in P&T leadership forum? I am afraid how SEAM gets affected.
“Engineers” from India
Shell is bringing the Indian “engineers” to North America as Expats, as well as in local terms. Are they cost effective?? I am not sure. Anybody any comment??
P&T Reorg
Any leaked news on the P&T reorg??
LNN NL
Does anyone know the salary range of JG5 in Rotterdam Weena? Considering a sideways move on a LNN. Is it worth it and safe to move under current situation? Our division comes under P&T and this is supporting chemicals business but advising Trading &... — read more
Forum Activity
Given what’s coming, this board should be way more active. The EVPs and Directories keep checking to see how much leaked out and you guys are making them think it’s a tight ship given the lack of posts disappointing
Shell Recharge Solutions opinion
Hello,l have received an offer from Shell recharge based in Amsterdam but they have their own people's policies and bring in ppl with 1 yr contracts. Given cuts in Low carbon and other sectors, recent conversation with Wael is it really safe to move?... — read more
Shell's Stock Is a Better Investment Than Many Potential Deals, Its CEO Says
No sh-t sherlock. You can get rid of 90% of strategy and new business development given the horrible deals and non-decisions in the past ......
Layoffs
Anyone outside of North America, get the news letter from Machteld stating layoffs are coming. Maybe not "an organization-wide restructuring". Just different assets, and teams.
Do you think Shell will pay American pensions?
I found out that the new employees no longer have a pension plan. They do however have a higher 401k match. I know a lot of us are waiting for the 80points to be accumulated even though we know we can get much better jobs outside Shell. But seeing... — read more
Taking a poll
Out of the 3 directorates, which one gets hammered on redundancies the most. P&T, Downstream/Power/RES, or IGU Cause the order I listed is my guess. Bonus question - announcement pre or post Christmas? I say pre
Shell Singapore - Will you Stay & Wait for Layoff or Leave?
Seems like most folks are taking the wait and see approach rather than abandoning ship. Which do you choose?
Open Enrollment - is the HDHP any good?
Got open enrollment. The premiums for the HSA/PPO seem really high. Is the HDHP any good? The deductibles seem as low as possible for HSA eligible HDHP. Does this still fully cover Centers of Excellence? That's a big benefit of the health plan.
Dismantling Ben's pipe dream ..... going in the right direction ....
Shell (SHEL) will lay off about 15% of the workforce in its low-carbon solutions division and reduce its hydrogen business, Reuters reported on Wednesday, citing the oil and gas company. Shell will eliminate 200 jobs next year and is reviewing... — read more
XOM and CVX making SHEL a laughing stock again.
Doubling down in Permian which Shell gave away at the low of the market and buying into Guyana which Shell gave away without even waiting for an exploration well because of complete incompetence in our E&P leadership at the time. Meanwhile energy... — read more
Quick
I wish you slugs would hurry up with your cuts, so Wally can buy an overinflated O&G producer….Valuations at an all time high. If you guys take too long with the cuts he might not get to pay top dollar!
Cuts, Cuts and more Cuts
CR announced a reorg, LCS announced a reorg and also IT. Who is next?
Shell back into shale in US
I hear Shell is thinking of getting back into shale in the US following XOM move to buy PXD. Any truth to the rumors ?
SPS 2023 is rigged
Results are adjusted as not to look that bad. Good source.
Energy transition
Some people argue that it is not reasonable to ask oil and gas companies to move away from fossil fuels unless there is a clear demand for renewable energy. They argue that oil and gas companies are businesses, and they should be free to produce the... — read more
Not a fan…
Of the leak, but love to see the healthy discussion. https://www.rechargenews.com/energy-transition/shell-staff-air-fears-over-renewable-energy-strategy-to-ceo-sawan/2-1-1525138 Also I don’t see this swaying the needed shift in strategy, I just... — read more
Countdown
Anybody have access to current FTE count? Of course Leadership keeps quoting the 93,000 number. But can we get an update as it’s whittled down?
When are we
…buying the next BG? I mean we’re a few years beyond dealing with the indigestion it gave us, like a python on the river bank that just ate a mammal almost too big. We should be ready to slither into position and pounce on our unsuspecting prey. ... — read more
Methanol?
Shell getting into the US Methanol market? Very few company's have Methanol plants. With the idea being “more” environmentally friendly (outside of hydrogen, ammonia, or carbon capture), Methanol seems to be on the uptick due to low cost to produce... — read more
New Orleans River District
I thought we were about to be done with the New Orleans office once and for all. As a Latoya-refugee, I sold my home in New Orleans when I moved to Houston ready to never return. But, on Wednesday, the SVP announced that Shell will occupy a majority... — read more
Looking for drama?
Head over to the BP layoffs thread. It’s all of the drama and intrigue our dark souls feed on, without the anxiety and discouragement of realizing we work for that sh*tbox. Uh, that is until Shell and BP strategically merge to create a mega-British... — read more
Winter is coming
Lacking a good crisis to prompt change… manufacture one! Look I agree we need to shake the deadwood out and get back to some role clarity so folks know what they need to deliver, but execution to date has been so ham-fisted. EVPs aren’t feeling... — read more
Restructuring?
Any updates to yet another reorg? I know there are a few mini reorgs in certain BUs in STUSCO. Anyone else?
Pay relative to (energy) peers? Venting
With the focus by the EC moving to ruthless returns, it's hopeful that company performance will improve and thus value for those who have equity in the company. One can hope. On the cost reduction side, I'm concerned this will extend to total cash... — read more
How soon Bukom will be sold?
Shell taps Goldman Sachs to explore Singapore refinery and petchem plant sale https://www.hydrocarbonprocessing.com/news/2023/08/shell-taps-goldman-sachs-to-explore-singapore-refinery-and-petchem-plant-sale/#comments
Real reason on underperformance vs peers
I think people have forgotten the real reason why Shell is valued lower than US peers. It is simply because management decided earlier to sell off oil assets and those assets were not around anymore when the price went up. Wael should not blame or... — read more
How much to retire
At what point would you feel comfortable to call it quits from Shell or anywhere? Convert your pension to lumpsum to make it apples to apples with others? $5M?
What happens to vacation days when you leave Shell?
What happens to your vacation days if you voluntary leave Shell? Do the days you've already accrued get paid out? US - Houston question
USA Trading JG5 100% PIR
What is 100% PIR JG5 for USA Trading? Does trading get additional or different bonus structure to compensate for the 24/7 on call and special skillset over standard US Business 100% PIR.