In 2010‚ BP encountered two predicaments. The first was stopping a major oil spill in the Gulf of Mexico after an oilrig exploded. The second was persuading people that they were doing just so. The company damaged its environmentally friendly image when the Deepwater Horizon oilrig exploded in the Gulf of Mexico on April 20‚ 2010‚ eventually creating the largest marine oil spill in history. Eleven workers were killed‚ an estimated 6‚000 barrels of oil leaked per day‚ and years of irreversible damage
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The Economic Impact of the BP Oil Spill In April of 2010‚ a British Petroleum operated oil drilling rig off the Gulf of Mexico‚ the Deepwater Horizon‚ exploded suddenly after high pressure methane gas from the oil well rose to the drilling rig‚ causing it to ignite and then sink to the bottom of the ocean floor. The explosion caused a sea-floor level oil blowout‚ and crude oil was leaked into the surrounding water for three months before a solution was found. After eighty-seven long days‚ the wellhead
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BP OIL SPILL The Deepwater Horizon oil spill (also referred to as the BP oil spill‚ the Gulf of Mexico oil spill‚ the BP oil disaster or the Macondo blowout)[5][6][7][8] is a massive ongoing oil spill in the Gulf of Mexico that is the largest offshore spill in U.S. history.[9] Some estimates placed it by late May or early June‚ 2010‚ as among the largest oil spills in history with hundreds of millions of gallons spilled to date. The spill stems from a sea floor oil gusher that resulted from the
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SAXENARAGHAV YADAVROHAN ANANDDATE OF SUBMISSION: 24TH AUGUST‚ 2010 | | Effect of BP oil spill and subsequent market reaction on the assets of pension funds and mutual funds Case Facts:- * 20th April 2010 – an explosion caused by blowout on Deepwater Horizon rig kills 11 crewman (including 9 Transocean employees) and ignites a fireball visible from 35 miles. * Deepwater Horizon was leased to BP from March 2008 to September 2013 * Share price on 21st April 2010 – 648.20p & lowest
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simple informative commercial or newscast. My main focus will be on the BP oil spill. The first sociology theory I will compare with is symbolic interactionism. Symbolic interactionism is the use of symbols or face to face interaction. The way that this relates to the BP oil spill is the way that the owner of the company‚ Kenneth R. Fineburg‚ said that he was going to help and compensate the victims of the oil spill. Commercials and speeches were made about his plans to pay back for the damage
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Petroleum “BP” Oil Spill On April 20th 2010‚ British Petroleum better known as BP had an extremely destructive impact on the environment and the livelihood of those in Gulf Coast area of Louisiana‚ Mississippi and Florida. BP’s Deep-water Horizon oil rig was located offshore‚ 52 miles off the southeast coast of Venice‚ Louisiana. An explosion on the Deep-water Horizon oil rig caused a massive fire that claimed the lives of eleven BP workers. After 36 hours of burning‚ the Deep-water Horizon oil rig sunk
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Oil is one of the most important resources that empower the economy. It is mainly used for transportation‚ cooking‚ heating‚ and also electricity generation. Without oil‚ transportation‚ manufacturing‚ and production of food may not be possible. Oil came from fossils and dead organisms that submerged to the bottom of the ocean‚ or what we so called Oil Wells. It was collected by oil rigs by digging the bottom surface of the ocean. Deepwater Horizon oil spill is one of the biggest and controversial
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Thesis Collection Undergraduate Scholarship 4-22-2011 Communicating During Crisis: A Case Study of the 2010 BP Gulf Oil Spill Aubrey N. Villines Butler University Follow this and additional works at: http://digitalcommons.butler.edu/ugtheses Part of the Communication Commons Recommended Citation Villines‚ Aubrey N.‚ "Communicating During Crisis: A Case Study of the 2010 BP Gulf Oil Spill" (2011). Undergraduate Honors Thesis Collection. Paper 90. This Thesis is brought to you for free and open access
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Assignment One This paper aims at identifying the communication problems facing BP‚ pointing out the concerns the key stakeholders may have‚ and discussing the steps that BP should use to deal with the key stakeholders. The main communication problem facing BP is failure to satisfy their stakeholders‚ the pubic‚ and the U.S. government. With each failure to stem the flow‚ BP’s communication problem makes the situation worse; BP becomes the target of criticism from all quarters. The cause of the communication
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Contents: Contents Chapter 1. 1.Business mission 2.Business objective Chapter 2 1. Background of the company 2. Organization chart 3. Task and responsibility of characters Chapter 3. 1. Areas of social responsibilities 2. Management of the company 3. Skills that manager use 4. Leadership of the manager Chapter 4. 1. Operation Production process 2. Job analysis 3. Selection method that personnel manager use Chapter 5. 1. Summary of the movie Chapter
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