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Bp Oil Spill

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BP OIL SPILL Under the Deepwater Horizon, an offshore drilling ring of British Petroleum (BP) caused an oil spill in the Gulf of Mexico. The incident occurred on April 20th 2010, where equipment failed and caused the explosion sinking the ring, and causing the death of 11 workers and more than 17 workers injured. The British based energy company also faced other problems at the site of the oil spill. More than 40 million gallons (estimated data) of oil spewed into the Gulf of Mexico. Oil spill in the Gulf of Mexico is a very serious threat for the wildlife as it causes water pollution. The oil spill effected many coastal areas in the US, like the Louisiana, Alabama, Mississippi and Florida. The oil spill disaster strongly damaged …show more content…

It is not safe to cut corners and presume that things will not happen. Make ethical decision, have back up plans, and ‘worst case scenario’ preparation. If BP would be more ethical and do the right things either by using the latest safety precautions when drilling (not cutting corners, and reducing costs), and moving faster and more dynamically when the disaster occurred, they could have avoided billions in cleanup and damages that they faced and are still facing now. The BP oil spill has offered a moment for reflection for leaders around the world about their most basic beliefs. To many people, the BP oil spill has brought home the idea that future corporate leaders must develop personal ethical standards for making decisions that go beyond just a financial calculation. There are plenty of business practices that are legal, but fall short in being ethical. But I believe being ethical does pay off, slowly and steadily. You may lose some opportunities, but your reputation and self-perception is

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