Accounting in British Petroleum Scope, Aims, and Objectives The research project proposed herein will examine the role of accounting in the past progression and current situation of British Petroleum, the company that came under intense public scrutiny last year due to the Deepwater Horizon oil spill that occurred in the Gulf of Mexico (Urbina 2010). In the ensuing year since the accident in the Gulf, however, interest in BP and its internal

Nowadays, the idea that offshore drilling is safe seems ridiculous. The Gulf spill nowhere compares to drilling disasters that have occurred before including one off the coast of Santa Barbara, Calif. In 1969 that discarded three million gallons into coastal waters and led to the present moratorium. The Deepwater Horizon calamity is a standard low probability, high impact event. It is the kind that has been seen more and more

Wicked Problem: Royal Dutch Shell and Its Response to the Nigerian Oil Spill Major oil companies such as Royal Dutch Shell are responsible for hundreds of oil spills every year that cumulatively involve millions of barrels of oil. The harmful effects of such oil spills on the environment is well documented of course, but less well documented are the different types and levels of responses that are used in response

It remains uncertain, therefore, that the Exxon Valdez spill was not, in fact, larger in scale and scope than the Horizon disaster. Conclusion: The Horizon disaster, as it bears noting, helps to demonstrate how little has truly changed in two decades. Even as environmental concerns grow ever-more pressing, oil companies continue to act with relative impunity. The sheer profitability of the industry keeps it insulated from many of the safety and

United Kingdom and Chinese newspaper coverage of BP Oil spill British Petroleum came under severe criticism from around the world when in April 2010 the company lost control of marine drilling operations and caused a major oil spill in Gulf of Mexico. The disaster claimed 11 lives and injured many others. Apart from human loss, the oil spill also resulted in massive loss of precious oil as 205.8 million gallons of

However, this calmness did not translate into crisis management success. Although BP seemed to not be significantly affected by the situation, Hayward stated that the company was overwhelmed by the media attention. The former CEO blames the press for the image that the public has formed on the company in response to its handling of the situation. The control that the company was supposed to reveal did not match the