However, this calmness did not translate into crisis management success. Although BP seemed to not be significantly affected by the situation, Hayward stated that the company was overwhelmed by the media attention. The former CEO blames the press fo Continue Reading...
BP Deepwater Horizon In April, 2010, Gulf of Mexico oil rig Deepwater Horizon, managed by British Petroleum (BP) suffered an explosion, sank to the bottom of the sea and precipitated an oil leak that would take months to cap (Pagnamenta & Goddar Continue Reading...
BP Oil Disaster Impact and Lessons Learned On April 20, 2010, the BP Deepwater Horizon spill dumped more than 4.1 million barrels of crude into the Gulf region over 87 days (Walsh et al., On the Edge). The oil and gas industry developed new technolo Continue Reading...
Strategic Framework in BP-Deepwater horizon accident One of the most eminent names in the oil and gas industry is British Petroleum, considered as the largest provider of oil and gas to its customers for transportation, energy for heating and light Continue Reading...
2010 BP oil spill in the Gulf of Mexico The Deepwater Horizon oil spill -- cause, effects, and restoration efforts The 2010 Oil Spill in the Gulf of Mexico is the largest accidental marine pollution in the history of petroleum industry and is the r Continue Reading...
United Kingdom and Chinese newspaper coverage of BP Oil spill British Petroleum came under severe criticism from around the world when in April 2010 the company lost control of marine drilling operations and caused a major oil spill in Gulf of Mexic Continue Reading...
BP and how it can impact on the performanve of the firm In the recent times, a number of people have opposed the strategies that have been developed by BP. The major strategies that have been opposed by individuals is that of stoping the case regar Continue Reading...
BP Oil Spill Gulf. BP Oil Spill A Detailed Description of the issue 3 The basis of the issue 6 What ethical change, deficiency, or conflict brought it about BP Oil Spill happen Gulf. "BP is in the business of finding oil, refining it, and selli Continue Reading...
157) 11 workers killed 04/22/2010 "The Deepwater Horizon rig sank on April 22, 2010, two days after the Macondo well blowout and explosion that killed 11 workers." page 328 (Spill 2011) Extreme Leakage 04/23/2010 "On April 23, the day after th Continue Reading...
British Petroleum What is BP British Petroleum (BP) is one of the world's largest oil and gas companies in terms of production capacity and revenue; BP explores for oil and natural gas in approximately 30 countries and possesses proved reserves of Continue Reading...
So far, this is not the case, and oil companies only pay royalties on production. This is another area under scrutiny in the MMS scandal. There are reports, dating back to 2008, that the royalty offices of the MMS, located in Denver, routinely accep Continue Reading...
In general, crisis management focuses on three major activities: 1) What are the most appropriate methods of response to both real and perceived crises?, 2) What models and scenarios need to be defined that constitute a crisis and should engage a ne Continue Reading...
Regulating Oil and Gas Drilling and Transport The American economy runs on energy produced from oil, coal, natural gas, hydroelectric power, nuclear power and renewable sources like solar and wind energies. In fact according to a report in the Congr Continue Reading...
The problem was that the cap cost $500,000.00 to install and was recommended by government regulations. (West, 2010) This significant, because it show a track record of the company knowingly putting its overall bottom line before safety or the envir Continue Reading...
corporate and public shortcomings that arguably resulted in the BP oil spill in the Gulf of Mexico. The oil spill marked the U.S.'s worst environmental disaster. Whilst identifying the corporate and state cover-ups the triggered the disaster, this s Continue Reading...
"But we did kill a lot of resources," said Beck. That having been said, Beck does believe that some habitat losses -- and some that occurred prior to the oil spill -- can be "re-engineered" if the marshes receive the attention they deserve to receiv Continue Reading...
BP's Macondo Blow-Out: Gulf Mexico The objective of this study is to describe the background setting, water depth. Type of rig, depth of reservoir and unusual characteristics of the BP Operation in the Gulf of Mexico. On April 22, it is reported th Continue Reading...
In a context in which alternative sources of energy are better developed and an infrastructure is accessible to the populations across the globe in an efficient manner, fossil using companies would be better punished for their mistakes. Today howev Continue Reading...
An environmental loudmouth and the media are specifically there to get advice about publicly amplifying our efforts, because utliately this affects everybody and we want everybody to get on board with the effort. BP needs to know that if they don't Continue Reading...
Strategic Leadership McKinsey 7s Model to Assess an Organisation (Telenor). I did just the first 3's for Telenor assessment. These had been strategy, structure along with system. "Telenor Business group is the incumbent telecoms business in Norway, Continue Reading...
This is highlighting the overall culture of unethical behavior inside BP. ("The Explosion at Texas City," 2006) As the company, would engage in policy of denying their involvement of: responsibility and attribute the incident to employee error. Thi Continue Reading...
The same argument could reasonably be made for the United States' even more egregious subsequent invasion of Iraq in 2003; the pubic, altruistic reason given was that weapons of mass destruction must be eradicated from this potentially dangerous ro Continue Reading...
BP Oil Spill Strategy and Corporate Governance The bp oil spill of 2010 British Petroleum (BP) is one of the largest oil exploring companies in the world. It is recognized for its efficient practices. In recent years it has positioned itself as an Continue Reading...
Sensitivity is also an example of vulnerability in BP's supply chain. Addressed earlier was the effect of the Spill on the ability to obtain natural gas and since a carefully controlled environment is necessary to obtain natural gas, at the risk of Continue Reading...
The bill will also raise the liability cap for companies from $75 million to $10 billion. Lawmakers may also consider raising taxes on the oil and gas industry. For example, the Oil Spill Liability Trust Fund tax will be raised from 8 cents per barr Continue Reading...
Both people and organizations want leaders. People want leaders to assist them in accomplishing their goals. Organizations want leaders to not only motivate, but to provide organizational direction for employees to follow. According to Kouzes and Po Continue Reading...
company British Petroleum, its products and services, the critical success factors for its operations and its salient stakeholders. It also discusses ways in which the primary stakeholders affect an organisation's financial performance. Then it eval Continue Reading...
leadership is crucial for organizational success in a competitive marketplace. Gaps in leadership or conduct that could be interpreted as ineffective could have adverse effects on the reputation and overall competitiveness of a company. One company Continue Reading...
British Petroleum Workshop Agenda ATOM Process Analysis and Procedure Recommendation New Procedures to Stanch Risks Brainstorming will follow the ATOM Process to formulate solutions to increase safety and better manage risks. Justification for A Continue Reading...
First, ethical responsibility at the level of executive and boards of directors must establish formal ethical policies and guidelines. However, it is equally important that middle management sincerely promote the values and formal policies designed Continue Reading...
There were incidences of the army having supplies but no requests came in for the supplies from FEMA which was supposed to be initiating that. The lack of the CIA activation also meant there was no unified command on the ground hence the delay of t Continue Reading...
