British petroleum

Goode February 4, 2015 Week 4 Assignment 1 Professor Richard Carrol BUS 475 Business and Society Introduction The Anglo-Persian Oil Company which is now known as British Petroleum (BP) was founded in 1909 and is one of the world’s leading international gas and oil companies. The multinational British company’s headquarters is located in London, United Kingdom and is one of the five largest oil companies in the world. The pioneer of the Middle Eastern oil industry, BP discovered

Vanhinsbergh-Perez Business andthe Environment The External Environment 3 Most Significant PESTEL Factors Affecting BP 1.0 Introduction This report will investigate the three most prominent external PESTEL factors which face BP (Beyond Petroleum). The report will provide a detailed look at how these factors affect the business, and explore the

i. Cover Page ii. Table of Content iii. Executive Summary iv. Report v. Work Cited   Summary British Petroleum is one of the biggest oil and gas organizations around the world. British Petroleum had the rights to investigate the Macondo all around, situated in the Gulf of Mexico in 2009. Events like Deep Water Horizon explosion has also been taken place under the supervision of the British Petroleum company. Because of the absence of regulations, both inward and outward, and in additionally due

British Petroleum (PLC) and John Browne: A Culture of Risk Beyond Petroleum Strayer BUS 519 October 30, 2011 Abstract The image as well as the operational business reputation of a corporation is critical to the survivability of the corporation in today’s business world. This reputation is even more critical when a business has is known globally with holdings and operations around the world. Such is the case with British Petroleum (BP)

Intro and Background British Petroleum as a company was founded in 1954, however its roots go back another half century. British geologists discovered oil underneath Iran in 1908 and by 1909 the Anglo-Persian Oil Company (APOC) began drilling for the British government. APOC benefited from World War I as it was predicted all British naval ships will soon be converted from coal to oil and the company could spread further into Europe. Refineries were built in Whales, Scotland and were bought in France

BP (British Petroleum) was founded well over a century ago by William D’Arcy who invested his savings in the hunt for oil in the Middle East. After several years of drilling, D’Arcy’s money and patience were about to run out, when oil was found about 1,200 feet down. This changed the outlook for the company and D’Arcy became a rich man (Thorne, p. 587 2014). Because of the difficulty in trying to drill for oil in this undeveloped land, by 1914 BP was almost bankrupt again. The company had oil

BP is a British multinational oil and gas company; whose headquarters is on London. BP developed its reach in America by buying up companies like Standard Oil of Ohio, ARCO and Amoco (Tharoor). “Twenty years ago, BP was nothing like the powerful multinational corporation it is today” (PBS: Frontline). BP became this powerful company by using an ideology known as “run to failure.” In other words, use things until they break in order to save money (PBS: Frontline). Over the years, many oil companies

British Petroleum has a large operation in the United States and it has made investments to ensure that it develops these operations to maximize its production and increase profits. One such investment was the acquisition of the vast oil field at Prudhoe Bay, Alaska. This acquisition represented a good increase in the percentage of oil production in the United States and ensured that the company could increase its production and further its goals and objectives for the United States market. As early

For this purpose another key element in British Petroleum’s external communication is the set-up of a corporate website (www.bp.com) that gives extensive coverage of social issues, including detailed annual social performance reports, value and mission statements, speeches by key corporate officials, location studies, and detailed guidelines on ethical conduct. British Petroleum has also developed an Intranet system for the purpose of communicating corporate

Several sea creatures were covered with oil, it contaminated them and killing others. The local people were affected by the oil change by having no job due to the water being toxic. The British Petroleum company do not take fault for the explosion but they cleaned up the oil spill. Although the British Petroleum contradicted themselves making the situation worse. The company failed to deliver an effective message to the world. The company miscommunicated which it made the company seem irresponsible