For each of the 8 countries we’re covering‚ we’ll start off with topline statistics as sort of a summary‚ or more of a launching pad for further exploration. We’ll start with Russia‚ partly because this may be the last 5-year period that it is included in the top 10 international powers. Out of all the 8 countries I will look at individually‚ Russia faces the most daunting challenges. They have faced worse--I would hate to be a centenarian from Russia--but I doubt if they have the resources or leadership
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BP Disaster at Sea In 2010 the nation was dealt the worst oil spill in the history of the USA‚ the BP oil rig Deep water horizon in the Gulf of Mexico. This major catastrophe destroyed some people‚ millions of aquatic wildlife‚ birds and the reputation of BP all in one fatal event. What caused this mind blowing disaster to happen? We will take a look
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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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management during the weeks that followed. BP created the “Gulf of Mexico Restoration” website to inform the public about its efforts in cleaning up the spill and to help restore public trust in the company again. BP’s “Gulf of Mexico Restoration” website uses these three strategies to try to repair its reputation: a section highlighting technological advancements for safer drilling‚ colorful graphics of bolded statistics that state the amount of money BP has spent on various efforts‚ and a collection
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that the chemicals dumped into the area as an ill-thought-out solution have made many of them sick. But what about the ocean itself that has been treated as an experimental chemical dump by the Environmental Protection Agency (EPA) and corporate giant BP? Turns out‚ according to new research from the Georgia Institute of Technology and Universidad Autonoma de Aguascalientes (UAA) in Mexico‚ the two million gallons of the dispersant Corexit which the EPA dictated had to be used to supposedly clean up
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BP oil spill is ranked as the largest environmental disaster in the world history. As the oil from BP spill washes ashore‚ people on Gulf Coast are suffering huge damages they have never met before. The U.S. government estimates that up to 60‚000 barrels of oil a day are spewing out from the damaged BP drilling rig to Gulf of Mexico. It has ruined the shoreline‚ killed animal and sea life‚ threaten the ecosystem and harmed the tourism and fishing in Louisiana. After the spilling happened‚ US government
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meet short-term debt requirements‚ BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were 1.0767‚ 0.9733‚ and 0.9600 respectively. In 2001‚ 2002‚ and 2004‚ BP?s current liabilities were greater than current assets‚ indicating that BP may have faced some difficulty in meeting short-term debt obligations during these years. In 2003 and 2005 the current ratios were greater than 1‚ representing that BP?s current assets were greater then
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BP Oil Spill Chait‚ J‚ (2010). Dear Leader. New Republic‚ 241(10)‚ 2-2. Retrieve June 21‚ 2010‚ from Academic Search Premier. This article discusses the present oil spill in the Gulf of Mexico. The president’s has not changed the Minerals Management Service. In reality‚ the federal government has no agency tasked with capping undersea oil leaks. All the necessary equipment‚ along with the expertise for operating it‚ resides with the private sector. BP will likely bear the full cost of the spill;
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The 2010 BP oil spill that took place on the BP-operated Macondo Prospect claimed 11 lives‚ and is considered to be the largest marine oil spill in the petroleum industry’s history. The spill flowed continuously for 87 days until it was declared to have been contained on 15th July 2010 and finally sealed on 19th September of the same year (BP‚ 2013). However‚ unconfirmed reports indicate that some of the well sites continue to leak (Pulham‚ Hilaire & Fenn‚ 2010). The spill took a physical and psychological
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In the wake of the disaster in the gulf American citizens have a plethora of questions. Why would BP engage in risky practices that could endanger the area where the company makes its profit? Who is responsible for ensuring that the citizens of the Gulf Coast region are protected when companies like BP place profit above people? As this drama plays out on American television screens one must realize that the only check to the power of private companies is the American government which is charged
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