ESC Rennes School of Business Essay: BRITISH PETROLEUM OIL SPILL AND CRISIS MANAGMENT MEDINA Anna Master of Science in International Finance Corporate Governance Tess Taubler November 22‚ 2010 BRITISH PETROLEUM OIL SPILL AND CRISIS MANAGMENT Introduction Over the time‚ we had seen a lot of enterprises growing‚ disappearing‚ changing and managing different situations and the way that they can handle any problem could be result in a successful history‚ they can learn about it or otherwise
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the company 2 2.1 Political Factors Affecting BP Oil Production 2 2.1.1Libya 2 2.1.2 Egypt 3 3.0 Economic Factors Affecting BP Oil Production 4 3.1 UK VAT Increases 4 3.2 Increasing Oil Prices 4 3.3 Reduction in World Oil Consumption 5 3.0 Environmental Factors Affecting BP Oil Production 5 4.0 Conclusion 6 5.0 Bibliography 6 Brian Vanhinsbergh-Perez Business andthe Environment The External Environment 3 Most Significant PESTEL Factors Affecting BP 1.0 Introduction This
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British Petroleum British Petroleum is a company‚ which focuses mainly on petroleum‚ but has some interest in alternative energy. It is one of the world largest oil and gas companies‚ which serves over 13 million consumers in more than 100 countries. The market of alternative energy is not as well developed‚ nor as profitable as oil‚ but it is a good future investment with the recently raising environmental concerns. BP recognized this on time and entered the solar market in the year of 1973.( History
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The paper tries to evaluate BP ’s corporate governance framework. It tries to identify what responsibilities the Board of Directors and Senior Leadership should undertake before and during crisis management situations. Before the spill British Petroleum is an industry where accidents occur and given the complexities of such an industry‚ it is critical that the Board remain vigilant about company affairs and that it learns from its previous mistakes. This note tries to evaluate actions that a
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Warren Buffett Professional Career: Warren Edward Buffett is an American Investor‚ Business Magnate and Philanthropist. He is widely considered as the most successful Investor of the 20th century. Buffett is the primary Shareholder‚ Chairman and CEO of BERKSHIRE HATHAWAY and consistently ranked among the world?s wealthiest people. He was ranked as the World?s Wealthiest Person in 2008 and as the 3rd Wealthiest Person in 2011.In 2012‚ American magazine TIME named Buffett as one of the
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2011 as a result of the Incident. The total amounts that will ultimately be paid by BP in relation to all obligations relating to the Incident are subject to significant uncertainty and the ultimate exposure and cost to BP will be dependent on many factors. Furthermore‚ the amount of claims that become payable by BP‚ the amount of fines ultimately levied on BP (including any potential determination of BP’s negligence or gross negligence)‚ the outcome of litigation‚ the amount and timing of payments
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Oil sands Issue briefing 1 The need for Canada’s oil sands The world’s population is projected to increase by 1.4 billion over the next 20 years‚ while its real income is likely to grow by 100% over the same period. This combination of factors is expected to increase the world’s primary energy consumption by as much as 40%1 over the next 20 years‚ with a large portion of the growth coming from developing economies. The energy
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stakeholders. This essay will analyse BP’S current stance using Porters five forces. It will also establish who are the most important stakeholders and suggest strategies that can be used in future. 3. Porters Five Forces This looks at he external factors that can affect which include new entrants‚ buyers‚ suppliers‚ substitutes and competition and can affect productivity of a business as seen in appendix A. 3.1 Threat of New Entrants The threat of new entrants into the oil and gas industry
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MEMORANDUM TO: Board of Directors‚ British Petroleum FROM: RE: Impact of On the Job Training DATE: February 10‚ 2013 INTRODUCTION Occupational Safety and Health is a major responsibility to all employers. It becomes more of a factor when the nature of the business involves hazardous materials and environments. In order to ensure that businesses are functioning properly and efficiently‚ it is imperative that companies are staffed with individuals who are trained properly in their occupation
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improvement of the items that stream in furthermore out of the organisation’s benefits‚ and the exercises connected with danger administration into one single capacity. This involves the supply and in addition the exchanging exercises that envelop the raw petroleum together with the oil items‚ the characteristic gas‚ chemicals‚ force‚ money and additionally dispatching therefore making a reasonable refinement between the organisation and its rivals in light of the structure and additionally the association’s
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