Essays on Gulf Of Mexico

Discussion 2

I am strongly against of the legalization of illicit drugs in the United States. I believe that such global trend is the legalization of illicit drugs is contraindicated for our society. Unfortunately, the level of reflection, self-knowledge and self-control in our society is low, our people do not turn to the spiritual practice, so this recognition of drugs would be simply disastrous for the US people. The main advantages of legalizing drugs are the taxes obtained by legal sells. But even this advantage is contradictory. Legalization of marijuana in two US states - Colorado and Washington - has not ...

Leader and Management Development

Introduction Leadership forms the backbone of any organization. This is because it entails offering direction, creating a sense of purpose and defining a strategic plan for the organization. Such aspects of leadership are important in ensuring the success of an organization in the long run (Yukl, 2013). For the leadership functions mentioned above to be successfully implemented, it is critical that the individuals in leadership positions show responsibility in their day-to-day undertakings. It therefore implies that leadership development has become a primary aspect of the overall management function. Leadership development is anchored on the character and behavior of the ...

British Petroleum is a multinational corporation that was founded in 1908. It initially had its single wells in the remote parts of Persia. The company slowly grew and within eight years it became one of the largest businesses in the world. It has been broadly divided into three main subsections that include oil exploration and production; gas, power, renewables and oil refining; and marketing section. All these departments work together to ensure that the company achieves its objectives. Since 1995, the company has been in the capable hands of John Browne, who has been its CEO until his untimely ...

Introduction

Climate change is among the significant factors impacting ecological diversity on a worldwide scale. The growth of industries and the increasing human population globally have resulted in a rise in the volume of greenhouse gasses, which scientists have argued are the greatest contributors to the menace. The Florida Keys is one of the ecological treasures of the U.S. that continues to be impacted negatively by climate change and anthropogenic activities. This ecological treasure, which is located at the tip of the state of Florida, comprises about 1,700 islands that stretch for more than 200 miles to the west ...

Abstract

The current discussion is aimed at the dissection of ethics, corporate social responsibility and sustainability of British Petroleum (BP) by taking the case of Gulf of Mexico Oil Spill in to consideration. By commencing the discussion with an overview of the externalities present in the oil industry, the pressures on oil companies are examined which is further evaluated through the application of stakeholder theory and the theory of utilitarianism. In the case of BP, it is revealed that the resort to CSR was primarily a reactive measure to correct its tainted brand image and save it from reputational risks. ...

The Deepwater Horizon Oil Spill occurred in the location of Gulf of Mexico on April 20th of 2010 due to an explosion which took place on the Deep Water Horizon oil rig. Transocean, the operator and owner of the oil rig, is an offshore-oil-drilling company. However, it had been leased by BP Oil Company. A natural gas caused the blasting which caused a wellhead blowout. The blowout resulted in the worst marine oil spill in the history. Despite attempts to put a temporary seal to prevent the further oil spill, the equipment malfunctioned. The oil the contamination extended spill ...

British Petroleum is a company that operates in a high risk industry with many factors having an impact on the revenues. A drop of the prices on the oil market can lead to significant financial losses that will result in the cut of dividends paid out to the shareholders. BP Oil Company is known for its strategy of having dividends paid out to the shareholders on a constant and regular basis as a top priority of the corporation, but current events in the oil industry have had an influence on some managerial decisions. According to the article published in ...

Business

Executive Summary: The value of oil in spurring growth and development in world economy is undeniable. In the last 100 years, the allure for oil has increased. This development is anticipated to surge until an substitute sources are discovered. Bp is among the global and outstanding oil company of revered repute. However, its businesses practices have been compounded with environmental challenges which it needs to solve. Recent oil spill in the Gulf of Mexico highlights gives a credence why it is important for the business to implement environmental compliance policy. It is reported that around 174 million gallons spilled ...

Deepwater Horizon was an oil platform built in the Gulf of Mexico, approximately 50 miles from the Louisiana coast and the Mississippi River delta (Department of Justice). Deepwater Horizon was operated by the global petro-chemical giant British Petroleum. On April 20, 2010, the platform caught fire and exploded killing eleven workers on the platform. The explosion also significantly damaged the platform base and foundation. By April 22, the platform crumbed to the sea and sank. Consequently, the pipes the were pumping oil into the platform were severed and oil began flowing in the Gulf of Mexico. By the time ...

Critical Thinking

The 1803 purchase of Louisiana from France had a profound effect on America; it not only changed the geography of the country but also its social, political and economic pillars. The purchase, which occurred during the term of President Thomas Jefferson, had the effect of almost doubling the landmass of America (Fleming, 46). It would be interesting to evaluate America's continental and global position had the purchase not taken place. This is especially the case given that the country would have had access to the Gulf of Mexico hence denying farmers on the frontier an opportunity to engage in ...

A government gains its legitimacy to govern if it can ensure the general safety of all its citizens not only with respect to planned aggressions but also emergency cases. The Social Contract Theory as espoused by John S. Locke stipulates that there is always a contract between governments and the people such that while the people pay taxes and cede some of their rights to the state, the state protects them and punishes those who transgress against them. Therefore, it is incumbent upon every administration to fulfill their part of the bargain and ensure the safety of all citizens. ...