Category: BP

  • Analysis of BPs Safety Program Failure

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    Analysis of BPs Safety Program Failure Table of Contents Summary Plan Do Check Act Reference Summary A study of the failure in BPs safety program identified a number of failures to meet standards that led to the disaster. In particular, incorrect sizes of blowdown drums and incorrect stacks were used contrary to OSHA recommendations, which…

  • BP Oil Spill in the Gulf of Mexico

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    BP Oil Spill in the Gulf of Mexico Summary Facts On April 20, 2010, there was an explosion at the BP Deepwater Horizon oil rig, which resulted in the release of over 130 million gallons of crude oil into the Gulf of Mexico (Meiners, 2020). This oil spill was the largest in US history and…

  • The Effects of the Deepwater Horizon Oil Spill on BPs Financial Prospects

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    The Effects of the Deepwater Horizon Oil Spill on BPs Financial Prospects The Deepwater Horizon incident has significantly impacted the offshore drilling industry, particularly BP. The company faced significant fines, damage claims, and legal bills, forcing it to sell a significant part of its assets to cover the costs. The value of the companys bonds…

  • BP Oil Companys Ethical Leadership

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    BP Oil Companys Ethical Leadership Tony Hayward of BP Situation at the Time BP Oil Company is a British owned company and it initiated the deepwater rig to exploit the oil resources at the deep-sea in Texas. However, the company did not do the job directly but sub contracted other companies to help in the…

  • Oil Spill Crisis as a Result of the British Petroleum

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    Oil Spill Crisis as a Result of the British Petroleum The oil spill leaking into the Mexico gulf is as a result of the British Petroleum drilling rig which exploded at a rate of five thousand barrels a day. It was reported that about eleven workers died in the explosion that took place on 20th…

  • British Petroleum Companys SWOT and BP PESTLE Analysis

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    British Petroleum Companys SWOT and BP PESTLE Analysis If you want to analyze political and economic factors influencing BP, PESTLE analysis is what you need. For reviewing the strengths and weaknesses of BP, SWOT analysis is perfect. You will find both of these analyses here. Table of Contents Introduction BP SWOT Analysis Pestle Analysis of…

  • British Petroleum: Corruption Involving Ethics

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    British Petroleum: Corruption Involving Ethics Introduction Economists rate BP previously referred to as British Petroleum as the third-largest oil company in the world. Its locality in London. It merged with Amoco and changed its name to BP. It rebranded itself by creating a new logo, slogan, and tagline. However, the company was linked to a…

  • BP Companys Case in Texas City

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    BP Companys Case in Texas City Culpable decision in BP Texas city case BP explosion accident in Texas City resulted to death of 15 workers and injury of 170 people. A short time prior to the accident, James Baker the US secretary of state had published a report detailing the unprofessional mission BP was undertaking…

  • British Petroleum Companys Strengths and Weaknesses

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    British Petroleum Companys Strengths and Weaknesses Introduction One of the premier energy companies of the World is British Petroleum. It is the fourth largest company in the whole World. In the energy sector BP is the third largest company of the World (Bamberg, 2008). One of the most prolific companies of the world, BP has…

  • Decisions of BP in 2010 Deepwater Horizon Oil Spill

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    Decisions of BP in 2010 Deepwater Horizon Oil Spill Table of Contents Introduction Problems experienced in the deepwater horizon oil spill Underlying issues causing the problems at the BP Company How these problems could be managed Corporate Responsibility Theory Conclusion References Introduction Good management is vital in any organization if it is to realize its…