Business 352 Gulf Oil Company Sarah Barrette‚ Trevor Haug‚ Tyler Crawley‚ Maxwell Steimle Group #1 10/31/12 Table of Contents Recent History Page 3 The Takeover Pages 3-4 The Auction Page 5 Financial Analysis Page 5-6 Standard Oil Company of California’s Alternatives Page 6 Recommendations Page 7 Works Cited Page 8 Appendix Balance Sheet (Table 1) Appendix 1 Operating Sheet (Table 2) Appendix 2 Financial Analysis (Table 3) Appendix 3 Give appropriate
Premium Chevron Corporation Kuwait T. Boone Pickens
Environmental Ethics Issue on Oil Spills Environmental Ethics Issue on Oil Spills The environmental ethics issue that I chose to examine in this paper is the petroleum industry and its long history of oil spills which damage the ocean’s ecology‚ runes beaches‚ kills animals‚ and threatens the fishing and shrimping industries. Even though the United States and many other countries depend on the oil carried by ships or drilled for on off shore drilling rigs‚ the damage done by this industry
Premium
Research The spectrums of oil spill issues are diverse and large. They range from environmental issue to economic‚ ecological‚ ethical‚ politics and policies. Among many other oil spills‚ the BP oil spill in the Gulf of Mexico‚ occurred on April 20‚ 2010 was recorded as the greatest environmental disaster in our history (BP leak the world’s worst accidental oil spill‚ 2010). The goal of our research is to seek possible solutions to reduce the risks of offshore oil spills. To attain this goal‚ we
Premium Petroleum Exxon Valdez oil spill Oil spill
Analysis: Gulf Italia Nicolo Pignatelli and Gulf Italia: Case Analysis 1. Pignatelli should first and foremost properly assess the ethical dilemma he faces. The problem before him comes down to the decision between two outcomes both with their share of benefits and risks. He can follow guidelines by waiting several months to receive a response from the Italian government while losing millions of dollars and risking his reputation and fate of his company if the government decides to not allow Gulf Italia
Premium Ethics Morality
controversy is that an oil spill in Mumbai‚ India is very hazardous to the fishermen. 2. The leakage started around the coast of Uran‚ very close to Mumbai on Sunday night‚ and ended about 3-4 hours later. The oil spill resulted from a pipeline burst when power failed inside the OCNG’s Uran plant. 3. It’s nothing new to the fisherman because they went through a similar issue. In 2010‚ the M.S.C. Chitra (sheet-ra) and MV Khalijia (Ka-lee-hia) spilled more than 800 tons of oil into the Arabian Sea
Premium Oil spill Exxon Valdez oil spill Petroleum
Deepwater Horizon oil spill July 5‚ 2010 Word count: Background: BP plc is a British-based global energy company which is the third largest energy company and it is the United Kingdom’s largest corporation the fourth largest company in the world (BP‚ Wikipedia). Its name is initials of the company’s former legal names British Petroleum. British Petroleum merged with Amoco in December
Premium Oil spill Petroleum Exxon Valdez oil spill
Gulf Oil Spill ENV/100 February 27‚ 2012 Norma Turner Gulf Oil Spill The Deepwater Horizon oil spill is considered to be the largest accidental marine oil spill in the history of the petroleum industry. The spill occurred in the Gulf of Mexico on April 20‚ 2010. The spill was the result of the explosion of the Deepwater Horizon offshore drilling rig. When the rig exploded‚ it created a sea-floor gusher of oil that flowed freely for three months. It resulted in 11 people killed and
Premium Petroleum Mexico United States
Alex Bordeau P.6 3/27/16 Ms.Whittaker Exxon Oil Spill The Exxon Valdez oil spill occurred in Prince William Sound‚ Alaska‚ on March 24‚ 1989. Exxon Valdez‚ an oil tanker headed for Long Beach‚ California‚ struck Prince William Sound’s Bligh Reef at 12:04 am local time and spilled thousands of gallons of crude oil. Exxon Shipping Company failed to properly maintain the Raytheon Collision Avoidance System radar which‚ if functional would have identified that the ship was off course an heading
Premium Petroleum Exxon Valdez oil spill Oil spill
I. OIL SPILL Oil spill is the release of a liquid petroleum hydrocarbon into the environment‚ especially marine areas‚ due to human activity‚ and is a form of pollution. The term is usually applied to marine oil spills‚ where oil is released into the ocean or coastal waters‚ but spills may also occur on land. Oil spills may be due to releases of crude oil from tankers‚ offshore platforms‚ drilling rigs and wells‚ as well as spills of refined petroleum products (such as gasoline‚ diesel) and their
Premium Petroleum
Pennsylvania the first oil well was drilled (Congressional Digest 2010). The thirty-eight years following that first onshore oil well would be dedicated to searching for offshore oil resources (Congressional Digest 2010). By 1896 those who searched accomplished what they set out to do off of Summerland‚ California (Congressional Digest 2010). During 1910‚ oil was an invaluable source of energy in America (Congressional Digest 2010). The people of America came up with ways to access and gain oil quicker than
Premium Petroleum Exxon Valdez oil spill Iraq