In an article written in the NY Times by Tom Zeller and John Broder titled “Gulf oil Spill is Bad, but How Bad?” on May 3, 2010 they explains the Golf oil spill as it was happening in the beginning. The article starts out by tell the reader that some expects have been quick to predict that the oil spill is an apocalypse to the area and cripple the area for years. As President Obama states the problem as “a potentially unprecedented environmental disaster”. After, scaring the read with this, the
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April 20th, 2010 marks the largest marine oil spill in the history of the petroleum industry. The catastrophic event, commonly referred to as the British Petroleum (BP) oil spill or Deepwater Horizon oil spill, took place in the Gulf of Mexico and started due to “well integrity failure” on BP’s Deepwater Horizon oilrig. A “blowout preventer,” the device that seals the well in situations such as this, failed to engage. The failure led to hydrocarbons uncontrollably shooting up the well, triggering
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could British Petroleum Company (BP) have minimized the risk of the deepwater oil drilling incident of April 20, 2010, and done a better job of crisis management after the fact? This environmental emergency was the result of the Deepwater Horizon drilling rig explosion which killed 11 workers, injured 17 others, and resulted in a sea-floor oil gusher leaking 185 million gallons of crude oil into the Gulf of Mexico. The media is filled with stories criticizing BP for not taking proper precautions
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BP Paper Rough Draft 11/23/2012 April 20, 2012 British Petroleums drilling vessel Deepwater Horizon suffered an explosion, and then began expelling enormous amounts of crude oil into the Gulf of Mexico. Although many different individuals and organizations attempted to help BP fix their spewing well, it wasn’t until July 15 that the vent was cut off. Through our research we have developed an analysis that examines the cause of the cause of the disaster, the event itself and its aftermath. We would
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BP Case and The Gulf of Mexico Jorge Salazar Hawaii Pacific University MGMT 6000 September 23, 2015 BP Case and The Gulf of Mexico Introduction The BP case concerning the Gulf of Mexico dealt with the second largest company in the world at that time (2010), it was founded in 1908 and it had more than 92,000 employees. Deepwater Horizon had two main components, owned and operated by offshore oil drilling company (Transocean) and it was leased by BP Oil Company. The BP oil spill occurred
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http://blogs.reuters.com/chrystia-freeland/2010/07/19/whats-bps-social-responsibility/ http://www.ecoinstitution.com/green-news/bp-from-social-responsibility-to-environmental-catastrophe/ http://www.bbc.co.uk/news/10194335 http://www.bp.com/genericarticle.do?categoryId=98&contentId=7067682 http://www.uow.edu.au/~sharonb/bp.html http://www.bp.com/sectionbodycopy.do?categoryId=41&contentId=7067505 http://thetruthaboutbusiness.blogspot.com/2010/05/fall-of-british-petroleums-ethics.html
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The Deepwater Horizon oil spill is an oil spill that occurred in the Gulf of Mexico during three months between April and July 2010.According to the New York Times, it is the largest accidental marine oil spill in the history of the petroleum industry. Indeed, the explosion killed 11 men working on the platform, injured 17 others and had released about 5 million barrel of crude oil. It also caused a lot of economic and ecologic damages. Let’s firstly talk about the ecologic consequences. According
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Ethical Issues Affecting Bp Operations Management Essay For a company to become a good corporate citizen it must follow the rules put in place by the government to where the company's operations activities are taking place, this also include protecting the environment and local people in the community from any harm from noise or water or air pollution. This report will explore more about the responsibilities BP have for making moral judgement and how their employees are involved and empowered
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Horizon oil spill began on 20 April 2010 in the Gulf of Mexico on the BP-owned, Transocean-operated Macondo Prospect. An oil well about a mile below the surface blew out, causing an explosion killing eleven people. It is considered the largest accidental marine oil spill in the history of the petroleum industry, an estimated 8% to 31% larger in volume than the previously largest, the Ixtoc I oil spill. Following the explosion and the sinking of the Deepwater Horizon oil rig, a sea-floor oil gusher
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The oil, gas and petrochemicals industries are highly competitive. Within the oil and gas the competition is very strong. There are other countries that supply the fuel if there is a need for commerce, industry and the home. With the competitive industry so much pressure on the prices, affects oil products marketing and requires continuous management focus on reducing unit costs and improvements that are needed(Wikinvest, 2012). The implementation of group strategy requires continued technological
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