BP Essay

British Petroleum (BP) Oil Spill occurred in April of 2010 and hurt many people, animals, businesses, and the economy of the many cities it impacted. It is recognized as the “worst oil spill” in the history of the United States, killing eleven people. The spill occurred due to a leak in a pipe that spilled oil into the Gulf of Mexico. The BP Oil well was not capped until 87 days later, by which 3.19 million barrels of oil had already spilled into the the Gulf of Mexico. The BP Oil spill did not only

The BP Oil Spillage British Petroleum Company (BP) is among the major international gas and oil companies in the world. It provides clients with energy for light and heat, fuel for transportation, lubricants, and other petrochemical products that are used in manufacturing various items. The company’s primary goal is to deliver value to its customers by utilizing its distinctive capabilities, managing the quality of its portfolio, and setting clear goals. However, an unprecedented explosion of BP

gentleman by the name of William D’Arcy is the founder of the world famous gas station BP. D’Arcy had a thrill over oil and decided to invest all of his savings in the quest for oil in the Middle East. Experts and scientists helped encourage D’Arcy to pursue the venture. But years started to pass and funds starting to run low, William was starting to feel as if this was the wrong investment. Throughout the years BP has gone through a plethora of ups and downs. From bankruptcy, to not being able to transport

as it is now known as BP, has grown into one of the four major Oil and energy multi-nationals on the planet. Their success can be attributed to their innovative prowess and their ability to stay one step ahead of their competitors, by investing in places no one has before. The common perception of BP by the general public over the past decade has been quite positive, with people aligning environmental values’ with their new brand positioning. All of this changed after BP was blamed for one of the

BP/Amoco Merger Case Group 1 Keshavaraja Alive Stephen Felkins Therese Jackson Andrea Marrical Eric Weiss Executive Summary Prior to the merger between BP and Amoco in 1998, both companies had very similar operating characteristics and performance. Both companies engaged primarily in the same three businesses and experienced close to the same percentages of revenue and percentages of operating income for each of those businesses. A key difference however waswere that

3.0 Bibliography………………………………………………………………….10 1.0 Executive Summary 1.1 Project description BP also known as British Petroleum is one of Britain’s largest multinational oil and gas company. This company was founded in the early 1900s and now serves a worldwide service as the sixth-largest energy company in the world in 2012, measured by revenue. Therefore, it is no secret that BP has integrated many aspects of the energy sector into it company such as; trading, refining, production,

III. Discuss and evaluate the leadership of change: a.) When it comes to BP and the changes that were made in the post-crisis era since the oil spill it is very important to reference their history of safety violations. The oil spill of project Deepwater Horizon was one largest examples of their previous lack of care and respect to safety and the earth. Previous to the spill they have been in trouble with the authorities for illegal dumping of waste products in northern Alaska as well as being

Background BP was founded in 1908 under the name Anglo-Persian Oil Company. They changed their name to British Petroleum in 1954 and merged with Amoco in 1998. (BP Public Website, 2010) “The Texas City Refinery is BP’s largest and most complex oil refinery... It was owned and operated by Amoco prior to the merger of BP and Amoco.” (Michael P. Broadribb, 2006) Throughout their history, there have been a number of accidents that have been caused by negligence and disregard of safety precautions

properly and explain how it could have been averted. The company that we are going to focus on is British Petroleum (BP) and how their failure to manage risk has resulted in the largest marine oil spill in history. It is through examining and understanding what went wrong that we will be able to find out that risk is always present, it is managing it that matters. In the case of BP, the risks piled up without any safeguards. The disaster that would highlight BP’s failure to manage risk properly

behind the voluntary disclosure of Deepwater Horizon Disaster by BP Plc. | | | Prepared by : Gajanayagam Jeyasundram | This paper examines the relevant theory that explains public disclosure by big corporations in disclosing corporate mishaps that has environmental, social and economic consequence. We look at Deepwater Horizon in particular and its disclosure by BP. | Num | Content | Page | 1.0 | Introduction 1.1 BP Plc. 1.2 Deepwater Horizon Disaster | 3-4 | 2.0 | Legitimacy