imply when it comes to BP? They came to the following conclusion: according to Capron and Mitchell, a company a joint venture (an alliance) should be created only if a company clearly identifies a resource gap. In this case, the company does not necessarily own these resources. The company does not need to have a close relation with the resource provider, nor does it need to come to an agreement about the resources’ value with the provider. Therefore, when it comes to BP, Alfa Group and Access
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Annual Report and Form 20-F 2013 bp.com/annualreport Building a stronger, safer BP Who we are BP is one of the world’s leading integrated oil and gas companies.a We aim to create long-term value for shareholders by helping to meet growing demand for energy in a safe and responsible way. We strive to be a world-class operator, a responsible corporate citizen and a good employer. Through our work we provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines
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(Shell) began oil production in the Niger delta region of Nigeria in 1958. This region was home to the Ogoni people. For them, shell brought with them poverty and destruction of their natural land. The Ogoni is home to several environmental treasures including the third largest mangrove forest in the world and one of the largest surviving rainforests in Nigeria. Oil drilling by shell and other oil drilling companies had devastating impact on the regions environment leading to oil spills, gas flaring
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In the recent past the oil firms have been in the international focus for their major role in the pollution of the environment as they produce and distribute their product and even as the products are consume. One of the major casualties for this problem is BP Oil Company that has been in wrong books with the international community for its growing unethical standards that emerged in the twenty-first century. To save its tainted reputation and restore its public image, BP management has been working
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the wrong manner, using their authority in the wrong way, misusing the funds in a unappropriated manner and conducting a danger to the public health contaminate the water supply for the citizen and the public. Contaminating the water flow with the oil can cause a serious threat to the health of the public. Under the Clean Water Act and the Wastewater Management the EPA monitors the activities of industrial and municipal plants to ensure that they are not partaking in any illegal acts that will cause
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categorize the decisions made on that fateful day would be to say a ‘series of errors occurred’. When reading, Deepwater: Report to the President, one can easily tell that numerous mistakes lead to the events, and that BP was aware of several maintenance issues. “A September 2009 BP safety audit had produced a 30-page list of 390 items requiring 3,545 man-hours of work” (OilSpillCommission, 2011, p.6). It is apparent to this researcher that several ‘signs’ were missed when the crews were performing
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SEQUITUR: President Barack Obama: “After all, oil is a finite resource. We consume more than 20 percent of the world’s oil, but have less than 2 percent of the world’s oil reserves.” The President’s numbers are correct; however, this is an example of a non sequitur fallacy because the information does not bare relationship to each other. Comparing the finite world oil resources to the amount of oil reserves gives an incomplete picture to how much of the oil resources (reserves and non reserves) that
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Date: September 17, 2013 To: Dr. Grieshaber From: Cindy Huynh Subject: Assignment #1 – Societal Role of Business and Social Responsibility Oil & Gas Company Social Responsibility In today’s world it is no longer enough for a corporation to serve customers, employees, and shareholders. It is the responsibility and duty of a corporation to serve the communities where they do business and enhance competitiveness of the company while simultaneously advancing social and economic conditions
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BP to consider to recover from the‘‘marketing disaster’’ Managing Markets KCB ID: 12449. Course Instructor: J.Naidoo Student ID: 12449 INTRODUCTION: That assignment consists of two parts. In first part, we will discuss the macro environmental factors that will affect BP (British
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position of BP and their exploration of the Gulf oilfields. BP (formerly British Petroleum) is one of the world’s largest oil and energy companies, which provides fuel, energy and petrochemical products. They have been in existence since the early 1900’s and have gone through a number of changes. In July, 2003 after merging with Amoco they rebranded as a ‘beyond petroleum’ company. Their logo, a sunburst of green, yellow and white, symbolizes dynamic energy in all its forms. (BP, 2010). Their
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