Chris Intro to Business 9/22/10 BP and Ethics This case is about the safety problems faced by BP‚ the third-largest oil and gas producer in the world. On March 23‚ 2005‚ an explosion at BP’s Texas City refinery resulted in one of the most serious workplace accidents in the US. An investigation by The US Chemical Safety and Hazard Investigation Board (CSB) uncovered many safety lapses at the Texas City refinery. BP was accused of endangering its workers by compromising on process safety due
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The mineral rights to drill for oil at the Macondo well‚ were purchased by BP at the Minerals Management Service’s (MMS) Lease Sale No. 206‚ held in New Orleans. June 22 – Mark E. Hafle‚ a senior drilling engineer from BP‚ warns that the metal casing for the blowout preventer might collapse under high pressure Deepwater Horizon drilling rig company‚ owned by Transocean‚ begins drilling on the Macondo Prospect. The planned well was to be drilled to 18‚000 feet below sea level‚ and was to be plugged
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For assessment item 3 you need to write a report based on the following scenario: The use of email has made it possible for people to send messages instantaneously to colleagues and friends who could be located almost anywhere in the world. Constructive use of email has the potential to improve communications amongst people within an organisation and between the organisation and its customers. The advantages of email over traditional mail and/or telephonic communication is the minimal cost‚ speed
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It is very precarious; the danger of killing the mother in advancement is great‚ and it will bring an after consequence. An abortion occurs as most teenagers have incomplete or no knowledge on sex. In their experimentation without appropriate protection‚ unwanted pregnancies occur. Moreover‚ caring for children can be a demanding task for teens as they are still scholars‚ and their parents might opt for an
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Professor Kenny 23 July 2010 Ethical Culture Analysis My ethical culture analysis will be on the company Waste Management. While researching companies for this analysis‚ I found that as of 2009‚ Waste Management is in the top 99 most ethical companies in the world (http://www.ethisphere.org). I already have interest in this company because one of my best friend’s father‚ Robert Biggs‚ is the chief financial officer for Waste Management’s Northeast division. His parents have always been like a second
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| BP Case Analysis | | 1. Based on the history of the company‚ why did BP get involved in so much questionable conduct? BP’s history extends back to 1901 when William D’Arcy’s Anglo-Persian Oil Company first drilled for oil in Persia and after seven years of drilling and darcy’s nearly spent his net worth finally oil spewed out and became rich. Unfortunately later at 1914 BP was on the verge of bankruptcy due to the very low demand of oil in global market. Accordingly ‚BP’s Board
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their domestic consumptions of oil have led to increased prices of gasoline whereby alternative forms of energy production are sought. With this in mind‚ offshore drilling can be a viable option for satiating the need of oil and also to boost the economy of the nation. In this report‚ I am going to discuss how the current Deepwater Horizon rig explosion has led to disastrous oil spill into the Gulf of Mexico causing environmental problems and also discuss how the oil spill if resolved and with safe
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Contents | Page | Introduction and background | 3 | | | ExxonMobil Oil Corporation - Environment destruction | 3 | | | ExxonMobil Oil Corporation - Animal suffering | 3 | | | Total Oil Company - Exploitation of workers | 4 | | | Total Oil Company - Supporting oppressive regimes | 4 | | | Royal Dutch Shell Oil Company- Supporting oppressive regimes | 4 | | | Royal Dutch Shell Oil Company- Environment destruction | 5 | | | Conclusion | 5 | | | Recommendation
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Persian Gulf The Persian Gulf is an expansion of the Indian Ocean‚ situated in western Asia which separate Iran from the Arabian Peninsula. The Persian Gulf’s wide is 55 kilometers and 989 kilometers-long inland sea. The Persian Gulf States include Iran (Persia)‚ United Arab Emirates‚ Saudi Arabia‚ Qatar on a peninsula off the Saudi coast‚ Bahrain on an island‚ and Kuwait and Iraq in the northwest (Reynolds‚ 1993). The Persian Gulf has wide coral reefs‚ and numerous pearl oysters‚ and plenty of
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BP Management Tashon Cooper MGT/230 February 2‚ 2012 Paul Hennessy BP Management BP Management ensures that the material risks are identified and that the company runs effectively. Furthermore‚ BP management ensures that internal control and risk management is under control. In particular‚ some vital components of BP management include their recognition for the company’s yearly plan‚ reviews of material risks‚ ensuring that the chief executive adopts their approach about risks‚ and that
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