Category: BP

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 BP Conclusion Works cited Introduction British Petroleum (BP),…

Table of Contents Background Contingency Theory Participative Theory Transactional Theory References Background On April 22, 2010, at about 10.30 a.m. local time, the Deepwater Horizon platform sank off the coast of the U.S. state of Louisiana, which led to the largest oil spill in the history of the United States (Stenzel et al., 2022). On…

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 still has environmental consequences many years later (MSNBC,…

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 corruption scandal and the failure…

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 went down amid the crisis resulting in the re-purchasing of 2010 gas…

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 extraction of oil. The then…

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 its own strengths and weaknesses. In…

The issues related to climate change have attracted a lot of attention and have become a part of the agenda of socially responsible companies. Thus, many companies tend to implement research on development of ways to reduce negative impacts of industries on the environment (Where do companies stand on responsible corporate engagement 2014). Being environmentally…

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 (Hopkins 2008, p. 101; Hendershot 2008,…

Background The paper will carry out an analysis and comparison of the performance of BP PLC and Royal Dutch Shell PLC. The two companies were formed almost at the same time. BP PLC was established in 1908 initially as Anglo-Persian Oil Company while Shell PLC was established in 1907. Both companies are components of the…