BP By: Anna DeHart About BP “BP is one of the worlds leading international oil and gas companies‚ providing its customers with fuel for transportation ‚ energy for heat and light‚ retail services and petrochemical products for everyday items” In 1908 oil was found in a rugged part of Persia after a long search. Things we do are: • Find oil and natural gas • Extract it from hard to reach places • Move it to sea or land • Make what is needed from it • Generate low carbon power • Build construction
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First and foremost‚ British Petroleum oil company as well as” Deepwater Horizon Oil Spill”. It is one of the most terrible disaster that happened to humanity history. This is due the harm that it had in regards to humanity‚ environment and economy. The time line of the Deepwater horizon oil spill it was documented as the foulest oil spill in the US antiquity. On 20th April ‚2010 the blast and the decrease of the Deepwater horizon oil rig at the Gulf of Mexico that has murdered 11 folks and 17 other
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Oil Spill Mitigation Planning and Monetary Recovery Andrew Fossa Saint Petersburg College Administrative Law Kenneth Afienko Abstract FOSSA A (2012) Saint Petersburg College Oil spill mitigation planning and monetary recovery A small Gulf Coast Community in Florida has requested the implementation of a contingency plan in the event of an oil spill that affects the coast line. This paper discusses the regulations‚ and laws that govern an oil spill and who is responsible for monetary and
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company was 2nd largest oil company in the world with over 92‚000 employees. The company had to face a dark time in its history when on April 20‚ 2010 the Deepwater horizon oil spill occurred. Through 3 major cracks oil spilled into the ocean. Affected by the oil spill were five states; Alabama‚ Louisiana‚ Mississippi‚ Texas and Florida. The disaster was if even comparable much worsted then any environmental disaster the US had to face since the result of the millions of gallons of oil spilt into the Gulf
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The Hebei Spirit Oil Spill (HSOS) in December 7‚ 2007 spilled approximately 10‚900 tons of crude oil in about 10 km off the Taean coastline in South Korea. Due to the astronomical and irrecoverable damage upon the marine ecosystem and the overall living standards of the residents‚ the oil spill accident has been notoriously named as the “worst oil spill accident” occurred in Korea. Nevertheless‚ though almost a decade have passed since the outbreak of the HSOS in Korea‚ it appears that compensation
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The key publics that BP should take into account are as follows: Environmental Groups Consumers Investors Media Government/Regulatory Authorities The diagram below (Figure 1.1) is a representation of some of the multifaceted relationships between BP and its publics/stakeholders. It is clear that the assortment of communication channels used to reach key publics is somewhat diverse. Whilst consumers and investors are perhaps most likely to be the primary focus‚ these two groups are highly influenced
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receiving a respectable or bad service. It can be argued that individuals have the rights to make reasonable claims on society or other individuals. 2.0 CASE STUDY On April 20‚ 2010 the Deepwater Horizon oil rig‚ owned and operated by Transocean and drilling for BP in the Macondo Prospect oil field‚ during the final phases of drilling the exploratory well at Macondo‚ experienced an explosion and sank 50 miles off the
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BP and Consolidation of the Oil Industry‚ 1998-2002 Executive Summary BP should sell its business and start a new business‚ a clean energy production‚ because it would lose profits from oil supply. Oil industry had not developed in perfect competition; oil price was easily controlled since oil industry was oligopoly‚ many consumers exist and the government protected oil industry from competition. However‚ oil industry is facing perfect competition; oligopoly formation of oil industry
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According to the U.S. Department of Energy‚ 1.3 million gallons of petroleum are spilled in U.S. waters from vessels and pipelines in a typical year. A major spill could easily double that amount. Oil spills are one of the biggest and overall worst environmental disasters. These spills happen for many reasons. Some of these reasons include: people making mistakes or being careless‚ equipment breaking down‚ natural disasters such as hurricanes‚ deliberate acts by terrorists‚ countries at war‚ vandals
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1989 Exxon Valdez spill Causes Exxon Shipping Company failed to supervise the master and provide a rested and sufficient crew for Exxon Valdez. The National Transportation Shipping Board found this was widespread throughout the industry‚ prompting a safety recommendation to Exxon and to the industry. The third mate failed to properly manoeuvre the vessel‚ possibly due to fatigue or excessive workload. Exxon Shipping Company failed to properly maintain the Raytheon Collision Avoidance System
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