Category: BP

The Deepwater Horizon incident has significantly impacted the offshore drilling industry, particularly BP. The company faced significant fines, damage claims, and legal bills, forcing it to sell a significant part of its assets to cover the costs. The value of the companys bonds went down amid the crisis resulting in the re-purchasing of 2010 gas…

Introduction Economists rate BP previously referred to as British Petroleum as the third-largest oil company in the world. Its locality in London. It merged with Amoco and changed its name to BP. It rebranded itself by creating a new logo, slogan, and tagline. However, the company was linked to a corruption scandal and the failure…

Culpable decision in BP Texas city case BP explosion accident in Texas City resulted to death of 15 workers and injury of 170 people. A short time prior to the accident, James Baker the US secretary of state had published a report detailing the unprofessional mission BP was undertaking (Hopkins 2008, p. 101; Hendershot 2008,…

Tony Hayward of BP Situation at the Time BP Oil Company is a British owned company and it initiated the deepwater rig to exploit the oil resources at the deep-sea in Texas. However, the company did not do the job directly but sub contracted other companies to help in the extraction of oil. The then…

BP plc (formerly known as The British Petroleum Company plc) is a UK-based gas and oil company. It has been around for 100 years and is still expanding into new markets (#24 BP, 2019). BP plc operates in every part of its home country, the United Kingdom. It sells fuel through over one thousand service…

Background The paper will carry out an analysis and comparison of the performance of BP PLC and Royal Dutch Shell PLC. The two companies were formed almost at the same time. BP PLC was established in 1908 initially as Anglo-Persian Oil Company while Shell PLC was established in 1907. Both companies are components of the…

If you want to analyze political and economic factors influencing BP, PESTLE analysis is what you need. For reviewing the strengths and weaknesses of BP, SWOT analysis is perfect. You will find both of these analyses here. Table of Contents Introduction BP SWOT Analysis Pestle Analysis of BP Conclusion Works cited Introduction British Petroleum (BP),…