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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shells- Fish larvae‚ single celled algae and many kinds of plankton are vulnerable and these are the basic foundation of the marine food chain. In shallow water these toxic substances may directly kill algae‚ coral and sea grasses. These components may also be passed in the food chain or directly ingested or absorbed through the gills of fish and other larger marine organisms. The effect may be to kill the animal or contaminate its tissues. A thick film of oil on the sea surface may reduce sunlight
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(NaturalNews) It’s true the almost five million barrels of oil that contaminated the Gulf of Mexico during the 2010 Deepwater Horizon spill was an ecological nightmare. And residents of the area have complained for the last two years that the chemicals dumped into the area as an ill-thought-out solution have made many of them sick. But what about the ocean itself that has been treated as an experimental chemical dump by the Environmental Protection Agency (EPA) and corporate giant BP? Turns out
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Historical Background to Venezuela’s Oil 1.1. Before the discovery of oil 1.2. Oil is found 1.3. Oil as a major government issue 1.4. Where is the oil-revenue spent to? 2. Consequences of Oil Dependency on the Economy 2.1. Introduction 2.2. Oil dependence and the Economy 2.2.1. Oil Price 2.2.2. Currency 2.2.3. Other Sectors of the Economy & Overall Economic Growth 2.2.4. Impact on Society 3. Effects of Oil Dependence on Importing Countries 4
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BP OIL SPILL IN 2010 April 20th was a tragic day for BP and the crew of the Transocean’s Deepwater Horizon. “Floating fifty-two miles off the coast of Louisiana in 5‚000 feet of water was an oil rig drilling in the Gulf of Mexico.” (Hoffman‚ 2010) What unfolded next will go down in history as the worst accidental oil spill in the world. “The oil well a mile below the surface of the Gulf blew up from high-pressure methane gas expanding into the drill. As a result of the explosion‚ it ended
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beginning of the largest‚most disastrous oil spill in the United States had begun. The oil leak was caused by an explosion that happened at approximately 10:00 p.m‚killing eleven people and injuring seventeen others. Two days later‚ the rig sank and started to leak oil and gas from the well. After about three months of the well (Macondo) leaking oil‚ it finally got capped off on July 15. Within those three months‚ the well had leaked 134 million gallons of oil into the Gulf of Mexico. The leak did not
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OPEC Oil Embargo The Organization of Petroleum Exporting Countries (OPEC) was created in 1960 with the idea of unifying and protecting the interests of petroleum-producing countries. The members of this organization include: Iran‚ Iraq‚ Kuwait‚ Saudi Arabia‚ Venezuela‚ Qatar‚ Indonesia‚ Libya‚ The United Arab Emirates‚ Algeria‚ and Nigeria. Their goal was to slowly take over the function of the companies‚ at least in production‚ and then increase the amount of revenues they could retain. Despite
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Introduction to Oil Industry in India After the Indian Independence‚ the Oil Industry in India was a very small one in size and Oil was produced mainly from Assam and the total amount of Oil production was not more than 250‚000 tonnes per year . | This small amount of production made the oil experts from different countries predict the future of the oil industry as a dull one and also doubted India’s ability to search for new oil reserves. But the Government of India declared the Oil industry in
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MKIB 160 DEVELOPMENT OF INTERNATIONAL BUSINESS MKIB 160 DEVELOPMENT OF INTERNATIONAL BUSINESS Competitiveness of Oil and Gas Production Industry in Nigeria Competitiveness of Oil and Gas Production Industry in Nigeria LIST OF CONTENTS Introduction…………………………………………………………………. 3 Nigeria 1.1 Background of Country…………………………………………. 4 1.2 Economic Overview………………………………………………….. 4 1.3 Global Competitiveness…………………………………………. 5 Porter’s Diamond Framework
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08037644301‚ 0818929620 oseyenim@gmail.com OBJECTIVE: To strive for excellence and precision to meet the 21st century Challenges in the oil/gas‚ construction and Energy Company. PERSONAL DATA: Date of birth: 15 th December‚ 1980 State of origin: Delta Sex: male Marital Status:
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