2010. The oil spill covers a surface area of at least 2‚500 square miles (6‚500 km2) according to estimates reported on May 3‚ 2010 by Reuters. And upwards of 5‚000 barrels of oil a day (NOAA’s estimate) continue to flow into the ocean.On May 13 BP reported that the cost of the oil spill alone had reached $450 million‚ and the price tag for the spill was rising by at least $10 million a day. Due to this massive oil spill‚ one can fear problems‚ such as petroleum toxicity and oxygen depletion
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| BP Amoco/Arco Merger | Merger and Acquisitions Term Paper | | | 12/10/2012 | | Contents Time Line of Events 3 Introduction 4 Industry Analysis 5 Overview of ARCO ’s Business 7 Overview of BP Amoco’s Business 7 Value Creation from the Merger: 8 Competitors Analysis 9 Antitrust Issues 11 FTC Arguments 12 What Happened? 14 Divestitures 14 Phillips Acquires ARCO Alaska 15 FTC dissent 16 Performance and key Financials 17 Annual Shareholder’s meeting:
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Leader: James Milne Student Full Name: Desmond Guy Harvest Student ID: 31661 Resit Assignment Essay Abstract: The intention of this Essay is to examine about sufficient understanding BP‚ which is one of the biggest well known since 1908. However the saddest oil spill disaster has taken way the life of 11 BP Employees‚ but it also made an impact in the environment such as ecosystem‚ the ocean’s suffer from oil covering bodies‚ and some are dead due to consuming polluted water. Indirectly causes
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ability to influence price. In some industries‚ there are no substitutes and there is no competition. In a market that has only one or few suppliers of a good or service‚ the producer can control price‚ meaning that a consumer does not have choice‚ cannot maximize his or her total utility and has have very little influence over the price of goods. 1. A monopoly is a market structure in which there is only one producer and one seller for a product. In other words‚ the single business is the industry
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Golden Rules of Safety [pic] Golden Rules of Safety Study Guide 1. Purpose of the Golden Rules of Safety The Golden Rules of Safety address the eight highest risk activities‚ that as a company‚ we perform. Many of our 2000 incidents directly involved these areas. The purpose behind the Golden Rules is to provide employees and contractors with a comprehensive understanding of these risk areas. The Golden Rules are standards that we will not violate. By enforcing and emphasizing
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Opportunities and Threats from a SWOT Analysis for The BP Helios Initiative. From the SWOT analysis for BP Helios Initiative--Looking forward globally to the next three years; the opportunities and threats components show very important points that can be very decisive for either the success or the failure of this initiative. The fact that BP was the first of the companies in the oil and gas industry to make it clear about going green is a very important point; As we know that consumers are now
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literature. It wasn’t until high school I thought highly of literature‚ in a sense I would have to be literate in order to succeed. As I proceed through life I realize how important literature is‚ not only to myself but to others. In “The Lonely Good Company of Books”‚ Richard Rodriguez explains how his parents did not read to him‚ and how he became literate. I could relate to Richard’s situation because I wasn’t read to much either. Though reading and writing is a necessity and students should learn
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Complex World MBM500: Semester 1‚ 2013 Author: Daniel Smith – 5549426 Title: The Analysis of BP and the Deepwater Horizon Disaster of 2010 Due Date: 5/5/13 Word Allocation: 2193 excluding executive summary‚ headings‚ tables‚ references and appendices Executive Summary This report provides an examination into British Petroleum (BP) and the Deepwater Horizon disaster of 2010. It looks specifically at the functional area of organizing
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The 2010 BP Oil Spill allowed about 5 million barrels of oil to flow into the Gulf of Mexico before the gush was capped. Unfortunately‚ the explosion killed 11 people and injured several others (Benoit‚ 2011). To claim its ultimate negligence and reduce the pollution of the spill‚ BP created a multi-page website entitled “Gulf of Mexico Restoration” to communicate its message to the public. BP’s “Gulf of Mexico Restoration” website uses these three strategies to repair its reputation: displaying
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in the background. Then‚ suddenly they hear the words breaking news and now decide to tune into what the dull lady is revealing. She announces that an oil spill has erupted in the Gulf of Mexico and the company “BP” is smothered all over the screen. The child only can only understand one concept: BP was the sole cause of this oil spill. To clarify‚ the child did not learn the real causes for this catastrophic disaster. On April 20‚ 2010‚ the oil rig called Deepwater Horizon exploded‚ causing 3.19 million
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