British Petroleum (BP) Case Study Executive Summary This case study report examined a public relation management problem that British Petroleum (BP) faced since the oil spill accident happened in April‚ 2010. In addition‚ this thesis recommended possible solutions and implementation plans for BP to deal with the public crisis. On April 20‚ the explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico led to the largest accidental release of oil into marine waters in history. As a
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Student’s name Professor’s name Course title Date British Petroleum (BP) case study British Petroleum (BP) is a global oil and chemical company with global headquarter in London and United States operation in Houston‚ Texas. BP owns numerous oil fields‚ refineries and chemical manufacturing plants worldwide. It is the largest company in the United Kingdom while BP America in U. S. is the largest BP division. BP operations as of 2013 were spread in over 80 countries around the world. The brands
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ESC Rennes School of Business Essay: BRITISH PETROLEUM OIL SPILL AND CRISIS MANAGMENT MEDINA Anna Master of Science in International Finance Corporate Governance Tess Taubler November 22‚ 2010 BRITISH PETROLEUM OIL SPILL AND CRISIS MANAGMENT Introduction Over the time‚ we had seen a lot of enterprises growing‚ disappearing‚ changing and managing different situations and the way that they can handle any problem could be result in a successful history‚ they can learn about it or otherwise
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Vanhinsbergh-Perez Business andthe Environment The External Environment 3 Most Significant PESTEL Factors Affecting BP 1.0 Introduction This report will investigate the three most prominent external PESTEL factors which face BP (Beyond Petroleum). The report will provide a detailed look at how these factors affect the business‚ and explore the reasons behind them. Finally this report will make conclusions based on these findings. 2.0 BP the company BP is one of the world ’s leading
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Oil sands Issue briefing bp.com/sustainability Oil sands Issue briefing How we operate BP recognizes that we need to produce energy responsibly – minimizing impacts to people‚ communities and the environment. BP’s systems of governance‚ management and operation are designed to help us conduct our business while respecting safety‚ environmental‚ social and financial considerations. Across all BP international operations‚ established practices support the management of potential
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The paper tries to evaluate BP ’s corporate governance framework. It tries to identify what responsibilities the Board of Directors and Senior Leadership should undertake before and during crisis management situations. Before the spill British Petroleum is an industry where accidents occur and given the complexities of such an industry‚ it is critical that the Board remain vigilant about company affairs and that it learns from its previous mistakes. This note tries to evaluate actions that a
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Berkshire Hathaway investment was worth 750 million $. Mr. Buffett did not achieve these amazing returns for his Shareholders by using complicated investments strategies or by borrowing money to magnify investment returns. Instead‚ when you study his investments philosophies‚ some simple things began to emerge. 1. He buys companies with the intent of never selling them. 2. He only buys the stock of companies in sound financial condition that can be purchased well below his assessment
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1. We recognized a pre-tax charge of $40.9 billion in 2010 and a pre-tax credit of $3.7 billion in 2011 as a result of the Incident. The total amounts that will ultimately be paid by BP in relation to all obligations relating to the Incident are subject to significant uncertainty and the ultimate exposure and cost to BP will be dependent on many factors. Furthermore‚ the amount of claims that become payable by BP‚ the amount of fines ultimately levied on BP (including any potential determination
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2. Introduction BP is one of the largest multinational corporations in the world. According to CNN (2011)‚ BP is the fourth largest multinational corporation in the world and employs over 80‚000 people and making annual revenue of $392 Billion. BP has massive influence on the global economic climate and has the operation capacity to affect stakeholders. This essay will analyse BP’S current stance using Porters five forces. It will also establish who are the most important stakeholders and suggest
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INTRODUCTION Baku-Tbilisi-Ceyhan (BTC) pipeline is an oil pipeline that transports crude oil Caspian Sea to the Turkish coast‚ over three countries. BTC Company is a joint venture company responsible for the construction and operation of the whole $4bn pipeline‚ led by BP as majority shareholder. Spread across Azerbaijan‚ Georgia and Turkey largest cross-border infrastructure construction project in the world dubbed the “contract of the century”. Financing was agreed after over two years
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