The BP CSR and Crisis History: Before to the Deepwater Horizon drilling rig explosion, BP encountered numerous disasters and scandals and have a track record of ignoring saftey. The first accident which happened in December 1965, where the BP oil rig Sea Gem while it was being moved and it cost the death of thirteen human lives. Next, on March 23, 2005, BP’s refinery exploded, caught fire in Texas City and 15 workers has died. Later BP was under the lawsuits from the victim’s families and charged
was powered by BP, making BP the most interesting company for my research. However, there are other companies that have performed operations to establish this source of oil. BP has leased the Macondo well from Transocean so we can identify Transocean as the owner of the well. BP held only 65 percent of the Macondo prospectus and we can identify the Anadarko Petroleum Corporation and MOEX Offshore as the other owners, with a 25 percent and 10 percent stake in the Macondo oil
BP accepted it responsibility for the disaster but also blames two of its contractors. On 20th April, 2010 as the team onboard Deepwater Horizon was preparing to temporarily leave the well it had drilled some 70 kilometers from the US coast. The day prior
Introduction Chevron Phillips Chemical Company is the major producer of Cyclohexane. This successful company hoses the three largest cyclohexane plants in the world. Many are puzzled by how the production of cyclohexane seems to have become stagnant. Perhaps this is due to the cost of benzene increasing or the demand increasing. Through thorough investigation, the answer to this question and many more can be answered. There are two methods of obtaining cyclohexane. These two methods are fractional
“In the BP Oil Spill, more than 200 million gallons of crude oil was pumped into the Gulf of Mexico for a total of 87 days, making it the biggest oil spill in U.S. history.” BP has killed thousands of marine wildlife do to the oil spill. “These guys here certainly will survive for a while. But the ones that can 't swim as fast, they 're called prey.” - Stanley D. Rice, U.S. witness. Biological diversity has estimated that the oil spill has killed around 82,000 birds, 6,165 sea turtles, and at least
Imperial Tobacco is a multinational tobacco company headquartered in Bristol, England. Imperial Tobacco is the fourth largest cigarette producer in the world, with brands such as Davidoff, Weiss and Gaul. In addition to cigarette production, Imperial Tobacco is also the world 's largest cigar, tobacco and cigarette paper manufacturers.The origins of Imperial Tobacco Ltd can be traced back to 1901, when many British tobacco companies merged to fight the threat of American tobacco to the UK market
1.0 INTRODUCTION The Maersk Group is a worldwide conglomerate and operates in about 130 countries with a workforce numbering over 89,000 employees. In addition to owning one of the world’s largest shipping companies, Maersk is involved in a wide range of activities in the shipping, logistics, and the oil and gas industries. The Maersk Group has five core businesses which include Maersk Line, APM Terminals, Maersk Oil, Maersk Drilling and APM Shipping Services. But the focus of this report is on Maersk
Royal Dutch Shell commonly known as Shell is a petrochemical company and a global group of energy formed in 1907 which has an average of 93,000 employees working in more than 70 countries (Shell.com 2016).Since February 2016 Royal Dutch Shell is now considered as the second largest oil company in the world (The Guardian 2016). For several years shell has faced reputation problem, mostly form environmental campaigners (Benady Alex 2015). Shell is always struggling hard to keep its license of operation
Oil is the fuel that makes the world turn, powering nearly everything in history from candles and lamps, to modern day vehicles and factories. Before the human race discovered its location in the ground during the mid-to-late 19th century, it was first harvested from whales. Prior to the eruption of the whaling industry during the 17th century, “Marine biologists estimate that there were as many as 4.5 million of the largest whales, plus millions more of the smaller whales, which includes their close
The Human Right Consequence of Royal Dutch Shell oil company in the Niger Delta Region: The portfolio is aiming to indicate how non-state actors like that of Multinational Business Organizations become responsible for violating human right in the region they are performing business activities. I took the specific case of human right violation inflicted by The Royal Dutch Shell Company in the Niger Delta region and its inhabitants. The portfolio discusses, specific problems the case entails in International
heavily associated to BP, and the known risks related with the oil industry was highlighted more prominently. Nonetheless, BP has been developing and shaping its global image with implementation of a series of corporate social efforts based on its core values and code of conducts throughout the years. Environmental contributions Over the years, BP has initiated several movements in improving resource sustainability and supporting communities with alternate energies. BP launched its Alternative
denied that BP had caused it; he did however, heavily infer that they were not solely responsible. He also categorically avoided any use of mortification, while still employing its semblance in personal terms when he stated that he was “deeply sorry” about the spill (Hayward 2005). BP’s largest failure in restoring their image was not taking the blame for the spill immediately. The public turned on them almost unanimously, but would have had been less likely to attack and ostracize BP if they had
The biopsychosocial model, or (BPS), focuses on how biological, psychological and social/environmental factors affect an individual and also how these factors interact with each other. Many methods focus on one factor or one influence, the BPS addresses a wide array of factors and influences that impact physical and mental health. The biological component of this theory examines aspects of biology that influence health. The psychological component in this model “examines psychological components
Introduction Thesis: The BP Oil spill was one of the greatest disasters that is believed to have had a catastrophic impact on the environment with marine life being the most distressed by the spill. Body Paragraph 1: The BP oil spill immensely caused huge contamination to the beach, one of the destructive impacts that it had on the environment. Supporting Evidence: The beaches in the region where the BP Oil spill occurred were ascertained to have been heavily contaminated, an aspect that saw a
BP is a British-based multinational oil company, and is currently the third largest energy company in the world. BP contribute £7.7 billion to the UK economy on jobs alone, and contribute £8.4 billion into the UK GDP. They employ 85,000 people worldwide, 18,000 of which are in the UK. From June 2014 to June 2015, BP͛s total revenue was $283 billion - $44 billion of which was profit. The majority of this profit comes from producing and selling fossil fuels worldwide.Climate change is a controversial
Petroleum or BP as many of us know it has been the subject of much criticism throughout the years for their greed driven business practices. Although regarded as one of the most prominent oil companies of our time, BP’s cruel businesses practices has ruined their reputation and costed millions in lawsuits. The Deepwater Horizon oil spill in my opinion, was not an accident at all, but another example of BP’s bad business practice of trying to cut costs. I will cite two of many incidents where BP cut costs
Exercise BP is an important marker of CV events that are associated with incident HTN,12-16 myocardial infarction,17,18 stroke,19 and CV mortality20,21 in individuals without overt CHD. It has been reported that individuals characterized by elevated exercise BP may account for 5%15 to 40%17 of individuals at high risk of CV events. Understanding the vascular and clinical correlates of exercise BP response to moderate exercise may provide mechanistic insights into the development of HTN, left ventricular
killed more than 8000 animals (bird, turtles, mammals) out of which many were already on the endangered species list. BP is responsible for close to $40 Billion as fine, cleanup costs, and settlement as a result of the oil spill in 2010. Company paid additional $16 billion to the clean water. (Referencing guardian). This accident was one of the most unethical practice in the BP as it affected the environment in numerous way. A huge amount of water was polluted. The incident happened because of
In 2010, British Petroleum, also known as BP, became the center of attention of all media outlets due to the oil spill that scarred the Gulf of Mexico. According to the statement released by BP, an explosion took place at the Deepwater Horizon on the evening of April 20, 2010 which later caused the inevitable release of oil into the water for a span of 87 days. BP was forced to take responsibility for the oil spill since they had full ownership of the Deepwater Horizon at the time of the incident
The BP oil spill, at an estimated 4.9 million barrels discharged, is the largest oil spill in the history of the petroleum industry (On scene coordinator report: Deepwater Horizon oil spill, 2011, pg. 33). In addition to the damage done to the environment, the spill also had severe impacts on minority communities in the areas affected. BP’s irresponsible actions lead to the closing of fishing waters, beaches and oil rigs overnight. The result of this was an end to the livelihoods of many in the affected