Federal Land and also creating the much controversial Keystone XL Pipeline. During Obama’s first term‚ production of natural gas on the United States Federal Land has decreased from 35% to 21%. Though‚ his dismay of drilling has come after the Deepwater Horizon oil spill in which millions of barrels of oil polluted vast areas in the Gulf of Mexico. This trend will be continuing‚ unless progress is made to ensure the safety of the environment while drilling. This is a main concern for the government
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with some crude oil and water‚ spilled onto a frozen tundra pond as well as a gravel pad from a pipeline. Methanol‚ which is poisonous to plants and animals‚ is used to clear ice from the insides of the Arctic-based pipelines. 2010 Deepwater Horizon oil spill On April 20‚ 2010‚ a semi-submersible exploratory offshore drilling rig in the Gulf of Mexico exploded after a blowout and sank two days later‚ killing eleven people and causing a massive oil spill threatening the coast of
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260‚000 to 750‚000 barrels (41‚000 to 119‚000 m3) of crude oil over the next few days. It is considered to be one of the most devastating human-caused environmental disasters. The Valdez spill was the largest ever in US waters until the 2010 Deepwater Horizon oil spill‚ in terms of volume released. Effects of The Oil Spill Economic Impact on the Exxon Valdez Oil Spill :- ! • Fisheries for salmon‚ herring‚ crab‚ shrimp‚ rockfish and sablefish were closed‚ with
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Bradley Stoke is an English suburban town located in the South West of the United Kingdom. It’s situated in South Gloucestershire and is in the north of Bristol. I will be evaluating it’s sustainability as a westernised‚ suburban settlement. It also is one of the biggest housing estates in Europe. Sustainability means that something is long lasting and produces little or no environmental impact. It also means that by living a sustainable life‚ you are leaving the planet in the same state you found
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RMI 5051: Managing Risk Syllabus Compressed Section The course meets Saturday‚ September 7 and Sunday‚ September 8 from 9:00 AM to 5:00 PM. Office hours are by appointment. Course Objectives Effective risk management is an integral part of an efficient and successful organization. Risk Management cuts across all disciplines within an organization. It does not take place at the functional level‚ or the business unit level‚ but throughout the organization. For a firm to be successful
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Issue Management: Risk Management Unlike traditional risk management tools‚ which are usually based around tangible and quantifiable issues‚ scenario thinking encourages executives to step into the unknown and imagine a range of possible futures. - Doug Randall and Chris Ertel Managing risk is central to many corporate strategies. Reputations that take decades to build can be ruined in a matter of hours through incidents such as environmental accidents. “The definition
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situation. With the symptoms that were presented their needed to be a clear understanding of what should to transpire in accordance with federal laws in the efforts to minimize the damage. The Root Cause of the Dilemma April 20 explosion of BP’s Deepwater Horizon oilrig created a negative situation for the company. Oil leaks from the rig caused the oil spill. There were reports stating that one of the workers informed supervisors of the issues with
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environment in which it operates. Corporate strategy is a tool whereby an organisation is able to achieve and sustain success. This report will examine the corporate strategies that British Petroleum (BP) adopts with specific focus on the Deep-water Horizon offshore oil spill in the Gulf of Mexico in April 2010. BP will be assessing using varied strategic theories and strategic choices will be suggested. It is commissioned for Carl-Henric Svanberg‚ BP ’s chairman. Brief Company Profile
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oil and gas industry now faces its strongest set of challenges in terms of risk and compliance regulations. Recent events such as the BP Deepwater Horizon disaster in the Gulf of Mexico have further brought to light the presence and relevance of such regulations. In this whitepaper‚ we will consider
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the World’s Worst Accidental Oil Spill”‚ The Telegraph‚ August 3‚ 2010. Retrieved from http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7924009/BP-leak-the-worlds-worst-accidental-oil-spill.html National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling (2012)‚ Chapter Four. Retrieved from http://s3.documentcloud.org/documents/25576/chapter4.pdf
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