1. Introduction The company, BP is the third-largest energy company where produces approximately 3.8 million barrels of oil and gas per day and possesses 22,400 service stations over the world. However, the oil disaster called as BP oil spill or the deep water horizon oil spill was occurred on April 20th, 2010 in the Gulf of Mexico recording the greatest oil spill compared to other oil spill accidents in our history. The Deepwater Horizon oil rig explosion caused deaths of 11 workers, 17 workers
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Working Paper The BP Oil Spill as a Cultural Anomaly? Institutional Context, Conflict and Change Andrew J. Hoffman Stephen M. Ross School of Business University of Michigan P. Devereaux Jennings University of Alberta Ross School of Business Working Paper Working Paper No. 1151 October 2010 This work cannot be used without the author's permission. This paper can be downloaded without charge from the Social Sciences Research Network Electronic Paper Collection:
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companies can positively affect the economy and the United State’s welfare. In comparing both sides of the argument I will look at the past and current oil companies to determine if they acted morally in their everyday business practice. At this post-BP disaster era, the United States is questioning whether we should continue to drill and expand our drilling. I will utilize the consequentialist theory to determine what would be the best next step for the U.S. to take. Using the current information gathered
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recommendations of BP After oil spill disaster in USA Table of content: Introduction 3 Executive Summary 3 Approaches 3 Background of BP 3 BP in USA 3 PESTEL analysis of BP in USA 4 Political Environment 4 Economic Environment 5 Socio-cultural Environment 6 Technological Environment 7 Legal Environment 7 Environmental Analysis 8 Summary 8 SWOT Analysis of BP 8
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platforms and drilling rings. These oil spills, can very well damage the environment and therefore causing many consequences to different groups of animals and pollute the area where the dumping took place. Deepwater Horizon spill (MBR) This devastating event began the 20 of April 2010 in the Gulf of Mexico. it took away with it eleven lives and injuring seventeen more it is considered the largest oil spill ever in the history of the petroleum industry. For about 87 days there was a sea-floor
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regulations. CN continually improves safety and environmental impact, which leads to better profits in the long run, particularly now that pipelines are becoming politically toxic in the eyes of the public. Recent environmental catastrophes such as the BP oil spill and the recent train explosion in Quebec, means CN must be careful with the public’s recent sensitivity to these types of environmental incidents that affect communities and their members. The company focuses highly on corporate social
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can be related to BP’s 2010 oil spill caused by off-shore drilling. Big oil companies have “a powerful partner in the U.S. government, which isn't eager to see BP cratered since the cost of cleaning up the mess would then land in its lap“(Sorensen, p. 55). Whether it is bad for business or not if they announce the error they have made, since the U.S. government does not want to deal with the spill alone, they will have to deal with fines but will have help. On top of that “BP also has an estimated
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Environmental Protection Agency (EPA) has proposed a suite of commonsense requirements that together will help combat climate change, reduce air pollution that harms public health, and provide greater certainty about Clean Air Act permitting requirements for the oil and natural gas industry. The proposals are part of the agency’s broad-based strategy under the President’s Climate Action Plan to reduce emissions of the potent greenhouse gas methane and smog-forming volatile organic compounds from
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British Petrolum 2012 BP Oil Spill Management Dr…………………………………….. Nahla…………………………… , Nuf………………………. QATAR UNIVERSITY Executive Summary This paper examines the oil spill that took place due to an explosion at one of the drilling rig of British Petroleum on 2010 in the Gulf of Mexico and the managerial response to that crisis. Introduction: History of British Petroleum (BP) According to the British Petroleum's website, the company has started in 1908 with oil found in a rugged
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BP.com vs. SeaWorld.com Credibility is defined as the degree to which someone or something is deemed trustworthy and believable. A company's credibility often determines success or failure. Efforts to build and sustain credibility must be ongoing and resolution must be immediate if that credibility is threatened. Comparing and contrasting BP.com and Seaworld.com both companies have faced a loss of credibility. Most public companies, at one time or another will have to deal with
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