refers to the importance of internationally agreed solutions to mitigate climate change‚ especially the market mechanisms included in the Kyoto Protocol. 9 July -- UPDATE -- I ’ve just been invited to turn this into an op-ed piece for the next issue of IABC ’s CW Bulletin. Your comments will help improve the final version! Two weeks ago‚ while floating around Amsterdam on a sightseeing tour during the Orange Business Live 2010 conference*‚ I had the opportunity to ask the
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accountable for all economic retribution financially and environmentally. The oil rig was under contract by BP and according to the Oil Pollution Act of 1990 it stipulated that those parties responsible for the rig or facility which oil is being discharged from—is the responsible party held liable for cleanup costs. The conflict revolves around the fact that BP failed to clean-up the oil after seven days of trying to cap three oil leaks in
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centralizers Not waiting for cement stability test results and/or redesigning the cement mixture. Dismissing Schlumberger personnel‚ rather than having them perform cement testing. Using the spacer made from lost circulation fluids to avoid disposal issues. Displacing mud before putting the cement plug in place. Planning to set the cement plug in seawater 3‚000 feet below the mud line. Choosing not to install additional physical barriers to hydrocarbon flow during temporary abandonment. Not probing
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British global energy company which is the third largest energy company and the fourth largest company in the world. As a multinational oil company‚ BP is the UK’s largest corporation‚ with its headquarters in London. BP’s headquarters is in Houston‚ Texas. The company is among the largest private sector energy corporations in the world‚ and one of the six private sector oil exploration‚ natural gas‚ and petroleum product marketing companies. Tony Hayward took over as the Chief Executive officer in May
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BP COMMUNICATION FAILure DURING GULF OIL SPILL CRISIS An important component of crisis management is response. Response can include several actions such as communication with stakeholders‚ the public and the government. Appropriate and effective communication can minimize the distribution of incomplete and inaccurate information‚ reduce speculation and prevent or quell rumors. In fact‚ studies suggest that the message itself can affect the public’s evaluation of the company and perhaps
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BP Oil Spill May 1‚ 2012 Abstract This paper is written on a current article that was recently published. The article is criminal justice related and about the BP oil spills that happened two years ago. The paper will be a brief summary of the article and what has happened since the oil spill. On Tuesday‚ April 24‚ 2012 at 7:40 P.M. Federal prosecutors brought the first criminal charges in the Gulf oil spill‚ accusing a former BP engineer of deleting
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Bioethical on Abortions 12/9/2012 Medical Law and Ethics Amber Summary Although abortion has been the most debated of all issues in bioethics‚ no moral consensus has been achieved. The terms used to describe abortion are full of moral meaning. One of four main types of abortion‚ only ‘eugenic abortion’‚ as demonstrated by the Nazis‚ does not consider the wishes of the woman or couple—a fundamental difference for most bioethicists. The terms ‘selective abortion’ and ‘therapeutic abortion’ are
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During this lifetime‚ we will not know the amount of damage and problems caused by the continuing oil spill in the Gulf of Mexico. When addressing the ethical concerns associated with off shore drilling‚ we must look at many different points of views. Although environmental groups have challenged off shore drilling since it became a practice‚ the federal government has allowed it. This is because the government values offshore drilling for economic reasons more than it values preserving the environment
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Gulf Oil Corp.--Takeover Summary of Facts o George Keller of the Standard Oil Company of California (Socal) is trying to determine how much he wants to bid on Gulf Oil Corporation. Gulf will not consider bids below $70 per share even though their last closing price per share was valued at $43. o Between 1978 and 1982‚ Gulf doubled its exploration and development expenses to increase their oil reserves. In 1983‚ Gulf began reducing exploration expenditures considerably due to declining oil prices
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Standard Oil Company of California (Socal) is considering how much to bid for Gulf Oil Corporation (Gulf)‚ which is currently in the middle of a bidding war. Gulf is unwilling to consider bids below $70 per share even though their share price was $39 at the time Boone Pickens began purchasing shares in the hopes of a takeover. II. Statement of Facts and Assumptions Under the direction of James Lee‚ Gulf pursued a twofold strategy. First‚ Gulf renewed its focused on oil whereas in the past‚ Gulf had developed
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