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On the Gulf of Mexico (environment)

论文作者:英语论文网论文属性:课程作业 Coursework登出时间:2014-06-13编辑:hynh1021点击率:7088

论文字数:3526论文编号:org201406131724221630语种:英语 English地区:中国价格:免费论文

关键词:On the GulfMexicoenvironment管理经济

摘要:When considering the corporate governance of international business, “A dogmatic and uncompromising belief in the supremacy of economic rationality and a unidirectional approach to addressing societal issues would necessarily require coercive action and ultimately lead to unintended negative consequences.”

Brief introduction about BP


BP’s full name is British Petroleum. It is one of the world’s largest oil and gas company which has its headquarter in London, England. The initial name of BP is the Anglo-Persian Oil Company in 1909; in 1954 it changed to its present name British Petroleum. It is combined and reconstructed by the former British Petroleum, Amoco and ARCO (Atlantic Richfield Company). BP’s business has spread to many fields including oil and natural gas, alternative fuels, the production of petroleum based product, aviation fuels and its business about the solar electric power generation is also growing very fast. Since 1981, BP has set up 12 branch companies successively in many fields such as mineral, food, ship, international finance, international detergent with its business spread to more than a hundred countries all over the world. BP has nearly 110,000 employees work all over the world. In 2003, BP is ranked on the FORTUNE as the first five global top 500 companies.
The BP oil spill in the Gulf of Mexico
Deepwater horizon oil spill and deepwater horizon explosion

On 20th April, 2010, the Gulf of Mexico suffered a lot from a great catastrophe of oil spill. The drilling platform of the British Petroleum Corporation exploded in the deepwater horizon in the Gulf of Mexico which led to 11 workers death and very severe environment pollution. This event is regarded as the most severe oil spill incident in the history of America.。


The cause of this catastrophe
Many people are curious about this catastrophe and people did not know what cause it and what actions would BP take. According to the inspection report BP made on 8th September, BP thought this catastrophe is not only BP’s fault, the research report has testified that many parts and companies should also bear responsibilities of course including BP itself.
The report said that the workers of Transocean did not recognize the danger signs at first. BP also criticized about the cementing of oil well which is bore by the Halliburton Company. At the same time, BP admitted that the workers of Transocean as well as itself did not recognize the test result of the safety about the oil well though the result had showed the oil well is in danger. But Transocean said that BP tries to hide the key factor of this oil spill accident. It thinks that the key factor led to that accident is BP’s deadly defect in its oil well designs. BP made a series of decisions on the oil well design and constructed with the consideration of reducing costs which added risks. As to Halliburton, it said all the works involving in the building of oil wells it did were according to BP’s stipulation.
According to a group of scientists’ research, they found “the propane and ethane were the primary drivers of microbial respiration, accounting for up to 70%of the observed oxygen depletion in fresh plumes.” (David L. Valentine et al., 2010) ①
The impacts of BP

BP is the representative of British virtual industry,it plays a very important role in keeping the international status of England and taking part in the global resource allocation. “A TNC is a company that owns assets and has direct business activities in many countries.” (Grazia Letto-Gillies, 2005)② As such an influential transnational corporation, BP’s many significant changes will influence man论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

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