The Deepwater Horizon oil spill, also known as BP oil spill, started on April 20, 2010. It was caused by an explosion and the sinking of the Deepwater Horizon oil rig. The spill lasted 87 days, until it was caped on July 15, 2010. The BP oil spill is one of the largest accidental release of oil into marine waters. Five million barrels of oil have poured from BP’s well and only 800, 000 barrels were recovered by containment efforts. The Exxon Valdez spill in 1989 was a significant instigator of stronger
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competitive) segments do you think BP considered or didn’t consider prior to their drilling of the Gulf Coast? What should the wedding business owners now consider in their external environment? BP decided to drill in the Gulf Coast mostly because of the oil availability and competition. Opportunity was definitely considered by BP. The North Sea was saturated with other oil companies and BP saw an opportunity in the Gulf of Mexico (Pour, 2011). The segment that BP did not do well is the environmental
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Oil spills affect various places including the Arctic waters. There have been numerous oil spills all over the world including the United States, Nigeria, and China and are threats of more occurring. There have been several oil spills to occur in the United States but two of the most well known major oil spills in happen here are the Exxon oil spill and the British Petroleum Deepwater Horizon oil spill. In March of 1989 an oil tanker called Exxon Valdez created a massive oil spill after running into
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you have identified. Describe the who, what, where, why, and when. The ethical dilemma facing BP is how to balance profit maximization and at the same time be responsible for the environment and society. Several events have affected BP in recent years but none has challenged the balance between profit and environment responsibility like the Gulf oil spill. This event, recognized as the worst oil spill in the History of the United States, occurred on April 20th of 2010 in the Gulf of Mexico and was
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BP Oil Spill Public Relations Response Introduction BP Oil Spill which is also known as Gulf of Mexico and Deepwater Horizon oil spill is the largest marine oil spill throughout the history which was caused by an explosion on offshore oil platform namely Deepwater Horizon on 20th April, 2010 located at the Mississippi River delta. British Petroleum (BP) was the principal developer of Macondo Prospects oil field where the accident held. The accident occurred when they were closing the oil well
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20th, 2010, the BP oil rig in the Gulf of Mexico exploded. This lead to 11 crew members died and caused large-scale oil pollution. The economic loss of ecological environment in Gulf of Mexico would up to several hundred billion dollars. As the main person in charge, BP’s CEO, Tony Hayward, did not timely response to this oil spill event. And his inappropriate remarks and performance was even aroused great dissatisfaction among the people and caused a huge loss of profits of BP. “I'm sorry. We're
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The BP Oil Spill, which is also called the Deepwater Horizon Oil Spill and the Macondo blowout, started on April 20, 2010 in the Gulf of Mexico. It happened when the Deepwater Horizon oil rig exploded due to methane gas that escaped from the well and caused a blowout. After the rig sank, the oil gusher located on the sea floor pumped up oil for 87 days until July 15, 2010, when a new oil well cap was installed and halted the flow. The BP Oil Spill is considered to be the largest accidental marine
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During April 2010, BP was involved in the largest oil spill in the history of the petroleum industry. The spill brought about plenty of pollution to the marine wildlife and destroyed Gulf’s fishing and tourism industries. Accordingly, the government established a panel to look into the accident. The investigation result indicated that the accident was unavoidable because of serious of blunders involved in drilling the well. In this essay, I will examine the communication problem that occurred and
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Ethics Case Analysis BP BP Struggles to Resolve Sustainability Disaster Case Summary: The BP oil spill in the Gulf of Mexico in April 2010 is the worst oil spill in US history. Initial claims on the scope of the spill, as released by BP, was that 5,000 barrels per day were being released into the water, although they stated they had no way of precisely measuring the spill. Outside analysts have stated that between 54,000 and 84,000 barrels per day were leaking into the area. This estimate
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BP Oil Spill | Case Study Analysis | | Disclaimer: To start things off, I would like to mention that the BP Oil Spill is an extremely complicated case and its impact could be felt in every corner of the world. Therefore, my case study is only the tip of the iceberg and should not be used to judge the entire controversy. In addition, all statistics and information have been obtained from other sources. Enjoy! | | By: Haikang Zhu | For: Professor Bill WoofClass: Mgmt 1040 DDate: December
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