Corporation was formerly Standard Oil Company (Indiana) was built in 1889 located at Whiting‚ Indiana‚ United States. The company was acquired by American Oil Company which founded in Baltimore in 1910 and incorporated in 1922. In 1998‚ Amoco merged with BP which one of the biggest oil company in England. The company contributes to the modern industry‚ their innovation was breaks into two parts‚ the gasoline tanker truck which used to designed to carry liquefied loads‚ dry bulk cargo or gases on roads
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Natural human caused Disasters 1. The rig’s malfunctioning blowouts preventer ultimately failed‚ but it was needed only because of human errors. Those errors originated with a team of BP engineers in Houston‚ such as 1. Fewer barriers to gas flow 2. Fewer centralizers to keep cement even 3. No bond log to check cement integrity 4. Pressure test misinterpreted 5. Mud barrier removed early 6. Blowouts preventer failed. 2. In the months following the Gulf oil disaster‚ wildlife managers‚ rescue crews
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environmental concerns. BP recognized this on time and entered the solar market in the year of 1973.( History of BP Solar ) Formed in 1908‚ The British Petroleum Company was originally called The Anglo-Persian Oil Company. The current name was given in 1954. BP adopted a re-positioning strategy in 1997 and the group chief executive‚ Lord John Browne‚ addressed the threat of global warming. Even though the oil industry does not have a good reputation in taking responsibility‚ BP was put first on the
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APPLICATION: FOUNDATIONS OF CONTROL Deepwater in Deep Trouble When all is said and done‚ which may not be for many years‚ it’s likely to be one of the worst environmental disasters‚ if not the worst‚ in U.S. history.61 When British Petroleum’s (BP) Deepwater Horizon off-shore rig in the Gulf of Mexico exploded in a ball of flames on April 20‚ 2010‚ killing 11 employees‚ it set in motion frantic efforts to stop the flow of oil and to initiate the long and arduous cleanup process. Although the
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The National Commission on the BP Deep Water Horizon Oil Spill and Offshore Drilling released a report in January 2011 to the President of the United States indicating that the April 20th‚ 2011 Deep Water Horizon’s explosion and the resulting oil spill at the Macondo well was a foreseeable and preventable disaster. The Commission’s report indicated that a number of easily identifiable mistakes by British Petroleum‚ Transocean‚ and Halliburton ultimately led to the devastating oil spill which lasted
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NONE OF US LIVES IN A VACUUM 1) The oil and gas industry is in the middle of a revolution‚ one taking place on five or six different fronts. After 70 years with an almost unchanged corporate structure among the major companies‚ the industry has‚ in the last two years‚ seen four major transactions in the United States and Europe‚ and a host of smaller link-ups. 2) Companies have grown in scope and scale. But oil prices are still largely determined by the decisions of OPEC‚ when all thе merges
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MODULE DESCRIPTION 7 Introductory Lecture 10 Introductory Seminar : Review module guide and assessment! 11 Lecture One: ‘The Strategy Labyrinth.’ 12 The Essential Reading For Lecture One 12 Seminar One 13 Part 1. The Sale of Burmah Castrol to BP Amoco 13 Part 2. Strategy Past; Strategy Futures 13 Lecture Two: Models‚ Concepts‚ Theories 14 The Essential Reading For Lecture Two 14 : The Brewery Group Denmark : Faxe‚ Ceres and Thor 15 Lecture Three : Organizational Purpose 16 The Essential
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Legal Forms of Business Organizations Carol Sauceda FIN/419 February 4‚ 2013 Kristtine Donnelly Legal Forms of Business Organizations In business‚ there are legal forms that organizations are classified under. There are three most common forms of business organizations‚ sole proprietorship‚ partnership‚ and corporation. The life cycle theory of the firm starts out as a proprietorship. As a firm grows larger‚ more complex and needs more capital than is available from the proprietor‚ the proprietor
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CROSS EXAMINATION The party who calls a witness examines the witness with a view to adducing evidence in proof of his case and this is what is referred to as examination in chief covered at S. 145(1) thereafter the adverse party has a right to examine that witness. If the adverse party exercises that right‚ the examination is referred to as cross-examination Section 145(2). Cross examination is a fundamental right not a privilege and if a person is denied the right‚ the denial can vitiate the
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CRITICAL LEGAL STUDIES Critical legal study (CLS) is a theory that challenges and overturns accepted norms and standards in legal theory and practice. Supporters of this theory believe that logic and structure attributed to the law grow out of the power relationships of the society. The law exists to support the interests of the party or class that forms it and is merely a collection of beliefs and prejudices that legitimize the injustices of society. The wealthy and the powerful use the law as
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