StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Case Study example - British Petroleum

Only on StudentShare
High school
Case Study
Pages 4 (1004 words)
British Petroleum, which is due to celebrate its centennial in 2008, is singularly responsible for the discovery of much of the Middle East's oil wealth. As Heiss (1997) explains, the discovery of oil in Iraq, Iran, Kuwait and Saudi Arabia, is part of BP's long history…

Extract of sample

Colonialism, however, eventually collapsed but BP did not (Heiss, 1997). Indeed, not only did BP survive the collapse of colonialism but it expanded its global operations, effectively maintained its status as one of the world's top oil and gas multinationals. In recent years, however, BP's status was threatened by industrial accidents which, consequent to their detrimental environmental effects, turned public opinion against the company. Survival, evidenced in the fact that it did re-bounce, was predicated on the successful revamping of BP's image.
With the dawn of the new millennium, British Petroleum's problems reached the point of crisis. Its environmental and human rights records were placed in the spotlight and subjected to public scrutiny, with the outcome being that in both 2001 and 2006, BP was named as one of the world's worst corporations (Cameron, 2006). Allegations, the majority of which were substantiated and incontrovertibly factual, encompassed of BP's poor environmental record, its abuse of its own employees, its support of totalitarian governments for its own financial gain and the exploitation of the public's dependency on oil and gas for the expansion of its profit margins.
Accusations pertaining to abuse of its labour force focus on the Tex ...
Download paper
Not exactly what you need?

Related papers

Business Analysis and Corporate Strategy of BP GROUP PLC
The customers had a high bargaining power in regard to petroleum products. The buyers of BP products are always price sensitive hence the company has always ensured the prices are relative low to maintain them.…
6 pages (1506 words)
Strategy Development in the Global Oil, Gas and Petrochemical Industry
However, with the passage of time, the company realised that they had to compete with other companies in the global arena. Oil companies such as Exxon were giving Shell a run for their money because they were globally managed. In order to respond to this trend, the company opted to change its corporate governance style. They opted to control almost all their downstream sectors through their…
15 pages (3765 words)
Research Paper on Accounting
Presently, the company is contributing $20 million of energy to US department (Solar Technology, n.d.). BP is also focussing on the wind energy sector since the launch of Alternative Energy business in 2005. The company is estimating a production of around 1000 MW (Wind Technology, n.d.). BP has also taken initiatives to control the global warming problem. The company has already deployed CCS…
10 pages (2510 words)
The Transformation of British Petroleum,
As Horton has affirmed: The procedure of cultural modify all through BP is not just about modify; it's about how we transport about that modify and harness it to the attainment of our objectives. The modify procedure is vigorously championed by the Chairman who has in use the lead in civilization modify workshops that are instructive in nature. The goal have been to appreciate the natural world of…
16 pages (4016 words)
Petroleum Industry
These conditions are there for every market. The demand and supply help determine the price and the quantity of oil that should be supplied to the world. The major contributor to oil supply in the world is Saudi Arabia.…
4 pages (1004 words)