Petroleum (BP) has won acclaims and awards for CSR. But Swaminathan S Anklesaria Aiyar (Times of India‚ Bangalore edition 2010) argued in his article that BP has created the greatest environmental disaster in history which includes its out-of-control Macondo deep-sea well. Gulf of Mexico oil leak is another big historical issue. BP has created a huge image building campaign of ‘beyond petroleum’ critics say that BP has now spindling with ‘beyond problems’ (NJ Watson‚ Petroleum Economist‚ 2009). BP states
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Social Cultural Responsible buyers Responsible buyers or people concerned with ecological impacts of oil on the environment could switch to alternative sources like bio fuel. Consumerism The consumption pattern of the people is key here‚ today they may decide to substitute oil for gas and tomorrow vice versa. The protection or promotion of the interest of the consumer is a somewhat hard as they are unstable. Social mobility An example of this is Leisure Time‚ people tend to move around more
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Table of Contents Introduction 3 Background to BP plc 3 The Gulf of Mexico Incident 4 BP’s Historical Market Positioning 4 Internal and External Analysis 5 Internal Analysis – The SWOT Model. 6 External Analysis – The PESTLE Model 8 Strategic Choices 9 Recommendations 10 Porter’s Generic Strategies 10 Ansoff’s Matrix 11 Conclusion 12 Bibliography 12 Introduction The global business environment has never been more challenging for companies and corporate management teams
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sailed the ship out of the channel would have delayed the sailing at the first sign or smell of booze‚ which would have completely prevented the accident. There were performance measures that could have been taken to aid in the prevention of the spill. One such measure would have been to make policy of not allowing non licensed personal to steer and operate the ship. By eliminating this common practice the captain may have been able to steer clear of the rocks. Exxon also could have used surveys
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reelected. On March 24‚ 1990 a 987 foot oil liner named the Exxon Valdez ran aground spewing 11 million gallons of crude oil into the Prince William Sound. The Exxon Valdez gutted herself on the Bligh Reef. No lives were lost were lost in the accident but four lives were lost in the cleanup. Because of the remote location people can only get to by air or sea made response to the accident difficult. This also had an impact on the economy. About $2‚673‚000 worth of oil was spilt and an Anchorage Judge allotted
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96.BP case study: An example of a TNC 1. Different stages in the company’s operations ● Use sophisticated technologies and triedtotrue techniques to find gas under the Earth’s surface ● use topographical maps‚ aerial photography‚ sound waves‚ 3D projections and other tools to help form an educated guess about the size‚ shape and consistency of the oil or natural gas that lies beneath the Earth. ● plan and build a production facility‚ taking environmental‚ social and logistical factors
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Oil Industry Steven Gomez Management for Organizations Professor Shah 07/08/2011 The oil companies of today’s societies are bigger than from the past and have been making the news worldwide. These companies have been growing and trying to lease more property across the country in order to keep making money. “While the oil and gas industry argue that for expanded access to federal land‚ they sit on over 29 million acres of unused federal oil and gas leases.” (Elizabeth Lopez‚ Hill
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Information: Polarity In the middle of the night of March 24‚ 1989‚ the giant oil tanker Exxon Valdez veered out of the shipping lanes in Alaska’s Prince William Sound and struck a reef. The side of the tanker was ripped open‚ and 11 million gallons of crude oil flowed out into Alaska’s clear blue waters. Because petroleum oil is insoluble (does not dissolve) in water and less dense‚ it quickly spread across the surface. The oil slick eventually covered 10‚000 square miles‚ contaminating 1500 miles of
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Sea infrastructure Technology and BP 2011 01 Welcome Notes: We’re excited that you want to take part in the Ultimate FieldTrip 2011 competition. From our first oil discoveries in Persia to today’s enhanced oil and gas recovery techniques‚ BP has always been at the frontiers of science‚ technology and engineering. The winning team of the Ultimate FieldTrip 2011 will have the opportunity to experience and contribute to the real challenges facing BP today during a six to eight week paid
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ON SUBMITTED TO: PROF STEVEN SHAPIRO SUBMITTED BY: POOJA OZA (0839378) INTRODUCTION Exxon Mobil Corporation‚ or ExxonMobil‚ is an American multinational oil and gas corporation headquartered in Irving‚ Texas‚ United States. It is a direct descendant of John D. Rockefeller’s Standard Oil company‚ and was formed on November 30‚ 1999‚ by the merger of Exxon and Mobil. The world’s third largest company by revenue‚ ExxonMobil is also the second largest publicly traded company
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