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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credit with the drawee bank. The gravamen of this special penal law is the issuance of check‚ not the non-payment of the obligation. (Lozano vs. Martinez‚ 146 SCRA 323). Checks form part of the banking system for being substitutes for money. Hence‚ BP Blg. 22 is neither violative of the constitutional provision against imprisonment of non-payment of debt nor the non-impairment clause. In the case of Que vs. People‚ the Supreme Court settled that B.P.22 applies even in cases where the
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Berge‚ Andrea MGMT 485W Spring 2013 Case Study: TNK-BP (Russia) INTRODUCTION “This case portrays the highly uncertain scenario facing BP in Russia at the end of 2007. In the midst of unraveling relations with its cooperative partner and undesirable host government practices‚ ideal strategic conditions are implausible. In order to maximize outcomes under such imperfect circumstances‚ BP ’s senior management needs to fully assess the situational risks‚ understand the dynamics and motivations
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energy for heat and light‚ lubricants to keep engines moving‚ and the petrochemicals products used to make everyday items like plastic bottles. We also invest in renewable energy sources‚ which we believe will be an increasing source of value for BP. Our activities are focused on bio fuels and wind. As a global group‚ our interests and activities are held or operated through subsidiaries‚ branches‚ joint ventures or associates established in – and subject to the laws and regulations of – many
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BP COMMUNICATION FAILure DURING GULF OIL SPILL CRISIS An important component of crisis management is response. Response can include several actions such as communication with stakeholders‚ the public and the government. Appropriate and effective communication can minimize the distribution of incomplete and inaccurate information‚ reduce speculation and prevent or quell rumors. In fact‚ studies suggest that the message itself can affect the public’s evaluation of the company and perhaps
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Introduction BP British Petroleum is a multinational oil and gas company headquartered in London‚ United Kingdom. According to revenues in 2011‚ they are the third largest energy company and fourth largest company in the world. Their main products include fuel for transportation‚ energy for heat and light‚ lubricants for engines‚ retail services and petrochemical products for everyday use. BP started as a subsidiary of the Anglo-Persian Oil Company in 1909 and through many stages it became British
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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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BP Oil Spill By: Kerrie Neff MGT 480 Due Diligence: Facts: I am focusing on Tony Hayward‚ former CEO of BP and I am here to address the issue regarding the Deepwater Horizon oil rig that exploded and ultimately caused one of the nation’s worst environmental disasters in the Gulf of Mexico in 2010. To begin‚ there are many facts that led up to the incident‚ and then for many years after. BP and Hayward had already been questioned on their ethical conduct. The questions include fraud‚ environmental
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The Transformation of BP Chapter 5-4 | Eric | Summer | Helen | Lidya | Mandy | Content • Introducing BP • Transforming BP • BP Superior performance through Knowledge Sharing • BP Building Cooperate Reputation Through facing the Public Responsibility • Conclusion and Future Consideration Introducing BP BP at a Glance BP is of one of the world’s largest energy companies‚ providing its customers with fuel for transportation
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BP Management Tashon Cooper MGT/230 February 2‚ 2012 Paul Hennessy BP Management BP Management ensures that the material risks are identified and that the company runs effectively. Furthermore‚ BP management ensures that internal control and risk management is under control. In particular‚ some vital components of BP management include their recognition for the company’s yearly plan‚ reviews of material risks‚ ensuring that the chief executive adopts their approach about risks‚ and that
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