BP Essay

British Petroleum (BP) experienced a catastrophic explosion, resulting in 11 casualties, 15 serious injuries, and an uncontrolled discharge of crude oil into the Gulf of Mexico for the next 3 months. Countless number of livelihoods that relied on the gulf’s ecosystem was indelibly marred by the environmental disaster, costing billions in damages that are still being accounted more than 2 years later. During the crisis, many differing accounts of leadership emerged – US Gov’t, BP Execs, and the JIC

” On the morning of May 26, 1908 they started drilling. That evening after drilling 1180 feet, a fountain of oil spewed from the ground. D’Arcy got the news five days later. Within a year, the Anglo-Persian Oil Company, later to become BP, was now in business (BP, 2013a). After almost losing everything, D’Arcy was now richer than he had ever been. In the field of Naphtha a refinery was being built where Anglo-Persian Oil Company first struck oil. But just getting there proved to be a task. It was

also not given out that year (ibid). As such, BP had to take measures to regain shareholder confidence. This incident also led to the resignation of BP’s

overview British Petroleum (BP) is the world largest retailer of gasoline in the United States. It ranks at the top of three global oil and gas industry. From the corporate watch website (2009), it pointed out that almost 70% of the profits are gained from the US and Europe. In addition, BP is also devoted for aviation fuels and shipping aspects. It is reported that about 900 ports and more than 1400 airports have been supplied by the BP’s lubricants and fuels. Meanwhile, BP has operated on other countries

In terms of依据 MNE corporate philosophy企业理念 and stakeholder strategy BP has been “ranked as被认为 one of the more environmentally responsive环保响应 and socially aware社会意识 companies” Rugman and Collingson (2006, 4th Ed, p635). Explore this ranking in the light of根据，鉴于，依据 recent events in the Gulf of Mexico. 1. Explain MNE corporate philosophy. How BP work in MNE 2. Explain what is stakeholder strategy, what it is, what is BP’s stakeholder strategy, how it gonna work in the Gulf of Mexico. 3.

Petroleum (BP) is a multinational oil and gas company. Based on market cap, it was the fifth largest energy company in 2013. ("IHS Energy 50"). Like many petroleum based companies, BP is often under fire from environmental activists for not being environmentally cautious, but during the year of 2010, BP experienced a disaster that would cripple it’s reputation far past that of the average petroleum energy company. Deepwater Horizon was an ultra-deepwater offshore oil drilling rig licensed by BP. It was

general population and taking advantage of their profits which is completely unacceptable, especially for such a large company like British Petroleum (BP). With Oil being a natural resource that is available to mine/pump by anyone who strikes it, BP is doing so for self-interest and neglecting the total effect that it has on society and the climate. No, BP is not the only company out there with stake in the oil business however, with them being one of the larger oil companies they should set a precedence

multinational organisations in the 1980s-1990s, BP adopted a new organisational design in response to changing environmental conditions and new organisational priorities and strategies '. How and why might BP’s organisational design and its relationship with the broader environment be contributing factors in the Gulf of Mexico oil spill? Discuss using relevant organisational theories. 1. Introduction Alongside with Shell and ExxonMobil, British Petroleum Amoco (BP) is one of the world‟s largest energy

of such a disastrous event. The chief eventually came out with a well-crafted seemingly autonomous response to the public with a very formal “I’m sorry” (Cnn.com, 2010). The backlash came hard and swift. The view from the general public seemed that BP did not do enough in the initial response of the oil spill. It seemed like the company had a systemic systematic approach to business that resulted in myriad environmental and worker safety violations (Citizen.org, n.d). British Petroleum was a repeat

BP's Deepwater Horizon accident in 2010 was one of the worst environmental disasters in history, and was also a public relations catastrophe for the company. This case demonstrates that corporate communications and public relations usually function well enough in routine situations, but tend to break down during crises and catastrophes. With BP's Gulf oil spill, just as with the meltdown of TEPCO's nuclear reactors in Fukushima, Japan, and the ongoing bribery and corruption scandal at Rupert Murdoch's