Reasons For The Executive Branch Of Bp

Secondly, Cubaneeds to repair its corrupt, failing state-run economy. The reality of thisstruggling economy is that Cuba’s resources are plenty, and its

Currently headquartered in London, BP is one of the largest producers of both oil and natural gas. BP provides its customers with fuel for transportation and energy for heat and light. BP’s core business is gas exploration and production division and their main sources of production include Angola, Argentina, Australia, Azerbaijan, Egypt, Trinidad, the United Arab Emirates, the United Kingdom and the United States (BP PLC (BP) Company Profile | Reuters.com. (n.d.). Retrieved October 27, 2015.). In 2013, BP produced 628,000 barrels of oil each day in the US and was the sixth largest producer of natural gas. Each day, BP sells 50 million gallons of fuel in the US consisting of 7,500 BP branded locations located in 13 states. BP is always seeking new opportunities for advancement in technology so that their operation is safer and more efficient. The company is leading the way in in the energy industry with the world’s largest supercomputer used for commercial research, located in Houston and also the first to use drones in the United States. To further place themselves ahead in the industry, BP has invested over $160 million in 2 dozen companies for advancements in technology. BP currently has 17,000 employees and on average, donates approximately $30 million each year to community

Goods or services of Cuban origin may not be imported into the United States either directly or through third countries” (2001) . According to the Cuba Policy Foundation, the United States loses up to $4.84 billion annually in trade and exports alone (Pepper 2009) . The amount of money being disregarded because of now defunct reasons is radically lacking in logic. A simple repealing of the embargo would bring both the United States and Cuba great economic success.

From their end, Cuba has surprised many around the world for striving against such barriers. “ The main driver of the Cuban economy is agriculture. The country is a major producer of several crops but sugar and tobacco are the big money products. Despite not being able to export their products to the United States Cuba has become a major exporter of agricultural products. There has been an attempt on the part of the Cuban government to diversify their economy and it looks like natural resources will be one way that they can do this. The country has become a major nickel producer and this has quickly become one of their largest exports. There is also the potential for Cuba to become a major oil producer. There are large reserves of oil in the Caribbean that are in Cuba's territorial water. It is very likely that in the near future they will take advantage of these reserves in order to help diversify the economy.”

Canadian companies have committed with business in Cuba, and it was successful. It is a relief due to the fact that Canada did not have to compete with U.S. counterparts. Two-way trade amounts come up to more than $1 billion each year, while Canadian companies still have a sizeable presence in the island country’s mining, oil and gas, agricultural and tourism industries. But Canada might not have had any role at all if it weren’t for its unique relationship with the two adversaries, particularly Cuba.

Raul Castro has gradually implanted major economic reforms and lifted travel restrictions, which will help the country strengthen its international position. Because of Raul making huge changes for Cuba, the island has let in allowing Cubans to buy or sell property, expand consumer goods such as, DVD players, microwaves, cell phones and internet service. These small but large changes for Cuba, that Raul changed, is making a huge impact on the isolated island. Now, because of Raul’s changes, the U.S. talks with Cuban officials every 6 months to see how everything is playing out (Frank).

Adjustments have been since then so that independent businesses in Cuba may trade with the United States, resulting in, “the United States [becoming] Cuba’s fifth largest trading partner since 2007,” (Lee and Renwick 5). Even though Obama came into office in 2008, and a year later reversed more of the restrictions set forth in the Helms-Burton Act, the actual lift of the embargo and Helms-Burton seems to not be as close as the media makes it seem. Since Raul Castro has come into office, also in 2008, he has claimed he would work towards normalizing relations with the United States, and further stated that he would leave office in 2018. Castro leaving office marks the end of the period the Castros have been in power, and leaves question to how the state of Cuba could potentially thrive. In my opinion, after reading many articles that bought forward the many problems Cuba is to overcome, I feel that Cuba has a long way to go in terms of achieving economic prosperity. However, I also deeply believe that the leaders of both Cuba and the United States are paving the roads needed to reach that level of prosperity. Journalists who have visited Cuba have come back claiming, “private businesses have blossomed due to the relaxation of limits of remittances from Cuban Americans to the island,” (O’Neil 2). This statement, and others like it, leaves me to feel

n October 19th 1960, the United States of America implemented an embargo on American exports to Cuba. This undertaking was in response to the Cuban state nationalizing American owned property without any compensation. The embargo, which included just about all imports, is one example of US-Cuban relations that have been poor ever since the overthrow of the Batista regime (Haufbauer et al). In recent years, trade sanctions have finally began to open up and in 2000 the United States passed the Trade Sanctions Reform and Export Enhancement Act which allows for food and agricultural products to be exported to Cuba (Engage Cuba Coalition). However, despite this act opening up the market for food and agricultural products the Trade Sanctions Reform

Since the reestablishment of diplomatic relations two years ago, there has been much talk about how to best move forward. Will the United States be given as much influence and power as they previously held under the Platt Agreement? Will the embargo be lifted, and if so, under what stipulations? How does the Cuban government plan to remedy the increasing economic pressure imposed due to their current state of globalization? Authors Jeffrey and Hannah Sachs of the Globe and Mail offer two possible scenarios. In the first, the United States adopts the same hands-on approach as before. Perhaps Congress will demand that previously nationalized US property be recompensed or the “unrestricted right of Americans to buy Cuban land and other property.” Or maybe the United States will assert ideological superiority over socialist thought and demand state-owned enterprises be privatized, such as the public health care

Cubans cannot be provided with many essential American resources that would be critical in the aid of the lives of their people. Doctors in Cuba have access to less than 50% of the drugs on the global market. Treatment for many life threatening illnesses in Cuba are not available because they are commercialized under US patents. Fewer than 25% of Cubans can access the internet. US companies like Microsoft and Google have to comply with the sanctions and therefore cannot provide the Cuban people with access to information. US trade and business in Cuba is the key to exposing the Cuban people to the realities of freedom and opportunity in America thus weakening the Cuban government’s intentions of limiting its citizens to access to the outside

Conducting business here and abroad including Cuba requires thorough research, planning, financial support, legal process, and any other obstacle or problem that will come with it. Cuba since opening its door to the United States can be one of the place to conduct business. With Cuba being banned for decades to conduct business with United States their agricultural products or their manpower were solely confined in their country. Bringing or introducing a new product from the United States to Cuba will be a big help to the people and to their economy. However, before conducting a business in Cuba, company or businesses

BP, formerly known as British Petroleum, is the third largest oil and gas producer in the world, producing almost 3.8 million barrels per day. BP was founded in 1908 by William Knox D’Arcy in London, United Kingdom. The company operates worldwide in several sectors of the oil and gas industry such as generating low carbon energy, moving oil and gas, and off and onshore oil and gas extraction (BP, 2014). However, the offshore Deepwater Horizon oil spill that happened on April 20th, 2010 in the Gulf of Mexico was one of the greatest oil spills that took place in history. The disaster caused the loss of the lives of 11 workers, severely injuring 17 workers, and the aftermath had a great impact on the environment in the Gulf of Mexico.

There are a number of players involved. The first is Starbucks, both the head office in the US and the head office in Canada. The Spanish partner is also an important player. The US government and Cuban government are both relevant players in the external environment given the legal issues that may arise from Helms-Burton and other laws prohibited American companies from doing business in Cuba 她r not (Jackson, 1997).

British petroleum (BP) is one of the seven super major oil company in the world. BP are the fourth largest gas and oil company in the world. BP has a hand in every aspect of the oil business from exploring for new oil to marketing and distribution. BP originally started as the Anglo-Persian Oil Company in 1908, established as a subsidiary of Burmah Oil Company. The Burmah Oil Company. Would capitalize on discoveries they made in Iran and the middle east. The company would take its current name as British a petroleum in 1954. The company slowly started to expand from their roots in the middle east. BP chose to expand to Alaska in 1965. BP would continue their expansion in America when the gain the majority control of Standard Oil of Ohio in 1978. Also during the time BP would continue their ongoing exploration for new sources of oil. They became the first company to strike oil in the North Sea. The British government gradually privatized Standard Oil of Ohio for 1978-1987. In the last half of the 20th and the beginning of the 21st century BP took two major steps to expand their company. BP first major expansion occurred when they partnered with Amoco during this time they also acquired and absorbed Burmah Castrol in 2000. Also for 2003 to 2013 BP had a joint partnership with the oil company TNK of Russia. BP tireless effort towards expansion have made them highly successful and one of the top four oil and gas companies in the world. BP turned a profit of 6.48 billon U.S.

Beyond Petroleum (BP) is one of the world’s largest energy industries, involved in all activities which are associated with the oil and gas industry. This includes “exploring, producing, refining, distributing and marketing of these products” to a global market (1). BP operates in around 80 countries with over 83,000 employees, producing 3.2 million barrels of oil daily and an economic value of $403.3