Essay British Petroleum And The Oil Spill

1673 Words Dec 6th, 2016 7 Pages
British Petroleum took a massive hit to public image, brand name, and to the overall prosperity of the company, following the oil spill that occurred on April 20, 2010. The spill occurred in the Gulf of Mexico near the Mississippi River Delta, at the Deepwater Horizon Oil Facility (Deepwater Horizon Oil Spill). Since this horrific incident, which basically crippled the company, they have been employing numerous tactics to try to recover from it. There are two categories in which one can place the recovery of British Petroleum. Those categories are necessary actions and complementary actions. The necessary actions are the things in which the company is personally responsible and required to do after the oil spill. Such things include cleanup of the Gulf and the surrounding coastal ecosystems as well any legal fees or lawsuits British Petroleum has accumulated due to damage they have caused. These necessary actions, that the company needed to take are the bare minimum they are expected to do. This is the absolute least amount of work they are required to do as a result of the oil spill, which was no one’s fault but their own. The costs associated with cleaning the oil spill and rebuilding coastal communities that were damaged, as well as all the legal fees is an unfathomable amount of money. As of today, British Petroleum has sacrificed roughly $61 billion relating to the spill (BP U.S.) The British Petroleum website explains that this massive debt included “response,…

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