BP – The $40billion Safety Culture Vacuum On March 23rd 2005 a huge explosion at BP’s Texas oil refinery killed 15 people and injured more than 180. Most were its own staff. The refinery had suffered safety problems before. The previous year two workers died when scalded by super-heated water that escaped from a high-pressure pipe. The British media focused on the effect of the 2005 blast: the price of oil rose by several $s a barrel. In Texas‚ however‚ the local media were outraged by ‘yet
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Jeff Grisan April 7‚ 2011 Case Study #2 British Petroleum “BP is one of the world ’s largest energy companies‚ providing its customers with fuel for transportation‚ energy for heat and light‚ retail services and petrochemicals products for everyday items” (BP‚ 2011). The organization is the fourth largest company in the world‚ operates in over 80 countries and employees more than 80‚000 people. BP produces approximately 3.8 million barrels of oil equivalent per day with more than 18
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Assignment SM 0376 Doing Business in Europe‚ Asia & the Americas Rio Tinto / BHP List of Reference (Dec 22 / 23‚ 2010) Question 1 1a – Key Reference 1. Johnson‚ G.‚ Scholes‚ K. and Whittington‚ R. (2008)‚ Exploring Corporate Strategy: Text and Cases‚ 8th Edn. Edinburgh: Pearson.(pp 54-67) 1b - Key Reference 1. CKR: Chapter 14‚ page 392 – 418; 2. Stonehouse‚ G.‚ Campbell‚ D.‚ Hamil‚ J. & Purdie‚ T. (2004)‚ Global and Transnational Business – Strategy and Management‚ 2nd
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Political – Legal Settlements: After the Deepwater Horizon oil spill in the Gulf of Mexico‚ BP faced many different legal settlements that were enforceable by court. Many of these settlements were in order to enhance the safety of drilling for oil in the Gulf of Mexico. BP worked to solve the federal criminal claims that came from the Oil Spill‚ and eventually pleaded guilty of 11 felony counts‚ related to the loss of 11 lives. Many other misdemeanor counts under different acts including: the Clean
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BP is a 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
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The SWOT of Non Profit and For Profit By Shelley Coulter Submitted: May 20‚ 2013 Instructor: Olivia Kerr PHI445: Personal & Organizational Ethics (BIJ1316A) Thesis: Believing in who you are and what your purpose in life‚ sets the standards on which you live. Shelley Coulter Introduction The highest ranking professions involve helping people. Among the lowest ranking occupations are those associated with the not profit and for profit organizations. The Mesopotamian Code
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1. During a concert at Hammons Center‚ a large number of patrons decided to leave 20 minutes early to avoid traffic congestion getting away from campus to late evening "study" spots. Due to the large number involved in the exodus‚ there was considerable congestion in the parking area before the concert was over. This occurrence depicts which of the following? a. Murphy’s Law b. post hoc fallacy c. law of diminishing returns * d. fallacy of composition e. law of increasing costs 2. An editor
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against the escalatory conflicts that will occur within the organizational arena. Those conflicts identified in Case 7 are realistic conflicts that need to be dealt with through forced persuasion and voting; because each of the conflicts resembles a substantive problem. The outcome will of course be measured in gains and losses and will result in numerical losses regarding profits‚ in-kind gifts‚ and revenue. Each side should employ Walton’s Theory of Conflict management as each side will need
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BP Oil Spill 2010 Elizabeth Morton University of Phoenix SUS/300 3/9/15 Tereza Marks Gulf Oil Spill Case BP Oil Spill 2010 BP is a world leading international oil and Gas Company. The BP Company however had an oil spill on April 20‚ 2010 due to a gas release in the Gulf of Mexico. A massive explosion followed the gas release on the Deep Water Oil rig that was working on the exploration of British Petroleum. The explosive gas leak resulted in eleven peoples dead and several other individuals
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The BP Oil Spill “Thank God men cannot fly and lay waste to sky‚ as well as the earth‚” said Henry David Thoreau on environmental damage. The BP‚ or British Petroleum‚ Gulf oil spill has been widely referred to as the biggest environmental disaster that the United States has ever faced‚ with over four million gallons of oil pouring into the waters off the Mexican Gulf Coast. The BP oil spill occurred in April of 2010. It was‚ and still is‚ the biggest oil spill in all of U.S. history. The massive
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