Bp oil spill research paper thesis

The longer answer is that the EIA is very, very conservative.

Bp oil spill research paper thesis

Daniil Seagul Table of content Executive Summary …………………………………………………………………………… It will include general information about the company, identification and evaluation of ethical dilemmas based on the recent oil spills happened in Prudhoe Bay and Deepwater Horizon.

In summarizing, it could be said that the report will shed more perspectives on these serious issues and could help the reader to have a better understanding on the problem as well as options for action to solve the issue.

It is also heedful of the renewable sources of energy, for instance, wind and Bp oil spill research paper thesis power BP, Every day, BP produces almost four million,3,8 million, barrels of crude oil and natural gas, with market capitalization of billion, revenue of billion, and 83 thousand employees inoperating in more than countries and owning 27, service stations BP, Business ethics is a theory of how business and society are interconnected, being observed from two points of views.

Regarding to business, the goal of any business is to become involved in profitable activities. Contrarily, society considers business as a part of society and its activities should be acceptable according to society law and will not be harmful to society. In situations, where it could be seen that some business activities result in profits for the company, but it could be damageable for the community who are of special interest to business ethics.

BP scandals, like the environmental pollution and the unsafely performance conditions discovered during the Prudhoe Bay and Deepwater Horizon oil spills.

These dilemmas have impacted on BP stakeholders. In the accident 11 men working in the rig were killed, and 17 others suffered injuries. More than thousand barrels of crude oil gushed into the sea, every day, for almost 5 months.

Up to 68 thousand square miles of the Gulf's surface were covered Burdeau, Cain, But the main reason, in spite of the recommended decision by Halliburton, one of the largest multinational corporations, providing oilfield services, was not to install an oil platform.

There is no doubt that many parties were affected, directly, or indirectly, with this environmental disaster. Everyone who works in the seafood or tourism industries was obviously affected. The pollution that led to the mutating and the killing the fish, put workers at the risk of losing their jobs, subsequently, increasing seafood prices, affecting the restaurant and supermarkets industry, as well.

Moreover, the tourism sector was affected because people refrained from going to the beaches covered in oil, staying away from water sports, or other fun attractions, meaning all those involved in tourism, such as hotels, tour operators, restaurants, boat renting companies were affected with the oil spill BP, Likewise, after the blow-out in the Deepwater Horizon, the profit figures showed disappointing results, falling to 35 percent, as the result of increased expenditures and obligations for individual compensation and penalties, thus losing revenue.

Moreover, besides losing investors, the company also started to lose customers. There was a boycott campaign that started in the social media. Thus, the Facebook society gathered more 4 than 75 thousand users who were negative towards BP.

The massive oil spill also had the negative influence on gasoline stations, affiliated with the oil company.

For example, petrol stations in middle Tennessee were facing boycotts from clients who were upset with the continuous spill Hayslip, Another owner of a BP station in Chicago had a percent fall in sales at his filling station during the disaster Gutierrez, People could see how he was enjoying a yachting holiday during the crisis, which created a negative image on the whole administration of the company BBC, However, it was discovered only after 5 days.

The disaster was the largest oil spill in the history of this region.

Bp oil spill research paper thesis

A pipeline corrosion problem was a cause of the rupture and leaking of oil. The corroded pipeline was detected two years before the catastrophe and the London headquarters were informed, however, they did not pay enough attention to correct the problem National geographic, The oil spill significantly influenced many groups and institutions whether positively or negatively.

Besides that, the accident created a shortage on the Alaskan gasoline market because of the closing Prudhoe Bay oil facility, which produced, 5 approximately, 2. Moreover, oil spill caused other oil-producing companies, because additional limitations were imposed on the areas where companies can drill, reducing the total amount of demanded oil, requiring additional extraction from places where work conditions are more difficult like, oil shares.

Also, there are numerous new restrictions on oil drilling and production in the future and new regulation in Clean Water Act, the Clean Air Act and the Pipeline Safety Act.

This spill damaged the corporate image of British Petroleum, impacting the shareholders, employees and its technologist. BP shares decreased in price, almost 2 percent.

BP employees and people in the nearest communities began to report about their health, complaining on the symptoms such as often having headaches and chest pains, resulting from the cleanup and released chemicals into the environment Taylor,  Deepwater Horizon oil spill July 5, 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).

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Case Study: The BP Oil Spill and Mental Health. Complete the answers to the six questions at the end of Case 26, “The BP Oil Spill and Mental Health”, pp.

The U.S. has officially recognized the oil spill in the Gulf of Mexico’s the largest environmental disaster in the history of the country. Executive Director of BP, Tony Hayward in May denied the claims of scientists about the discovery in the Gulf of Mexico the large submarine accumulations of oil, according to AP.

research allows us to include a total of twenty species of wildlife or wildlife groups in this report—although many more species were likely affected. Summary estimated to have died as a result of the BP oil spill.

• Oil and dispersant compounds have been found in. Virginia's eastern edge extends underwater across the Outer Continental Shelf Source: National Oceanic and Atmospheric Administration, GLOBE: A Gallery of High Resolution Images By the time Europeans arrived in Virginia, the Atlantic Ocean coastline was marked by marshes and barrier islands on the Eastern Shore and wide sandy beaches south of the Chesapeake Bay.

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