Premium Essay

Bp Oil

In: Other Topics

Submitted By Hannah19901030
Words 1677
Pages 7
The BP oil spill and its impact will be felt in the Gulf of Mexico region for years, if not decades. In the months after the Deepwater Horizon drilling rig exploded off the coast of Louisiana in April 2010, it's estimated that almost five million barrels of oil gushed from the seabed and into the Gulf, making it the worst oil spill in history. Now that the flow of oil has stopped, the scope of the catastrophe is coming into focus, and attention is turning to how things will play out in the court system.
This article looks at some of the legal issues raised by the BP oil spill, including legal options for businesses and individuals looking to get back on their financial feet after the oil spill. (For in-depth information on filing a claim with BP's $20 billion compensation fund, see Nolo's article BP Oil Spill: Filing a Claim With BP's Compensation Fund.)
The BP Oil Spill: Types of Lawsuits
The BP oil spill has already prompted the filing of thousands of lawsuits. Businesses and workers have seen their livelihoods suffer or even disappear in Louisiana, Mississippi, Alabama, Florida, and Texas. Families and individuals in the Gulf region worry about the health hazards posed by the chemicals used to disperse and clean up the oil. And, with its dubious distinction as the largest environmental disaster in U.S. history, the BP oil spill has inflicted immeasurable devastation on the Gulf's coastline, wetlands, wildlife, and ecosystems.
Here's a look at the different kinds of lawsuits being filed over the BP oil spill (with links to more information from Nolo where relevant). * Lost business profits and individual income losses. Thousands of businesses and workers in the Gulf region have filed lawsuits against BP, seeking repayment for profits and income that were lost because of the oil spill. These plaintiffs include companies and employees in the commercial…...

Similar Documents

Premium Essay

Bp Oil Spill

...country comes from non-renewable resources such as fossil fuels. Sometimes people really do forget how dependent our country is on oil, but are reminded when the high demand causes the price of oil to jump. The burning of fossil fuels pollutes the air we breathe. Sometimes pollution occurs in the form of oil spilled into the ocean. Our country needs to force citizens and companies to pollute less by putting more money into research for alternative forms of energy and passing laws to prevent pollution. Even though offshore drilling can cause pollution by oil spills, it would be ridiculous to pass a law banning offshore drilling. As a country, we cannot fulfill our demand for oil without offshore drilling. The recent BP oil spill following the explosion of the Deepwater Horizon oilrig on April 20th, 2010 raised concern in the minds of all U.S. citizens, not just the environmentalists. Most citizens would agree restrictions should be temporarily placed on offshore drilling until we are certain another spill of that magnitude will not happen again. After the disaster, many citizens were angered to think BP was going to get off scotch free. The media and politicians bashed BP for everything they did wrong. So far BP has taken their punishment, but recently the CEO of the company, Bob Dudley, stood up against the media and politicians. In the article entitled “BP CEO Bob Dudley hits back at media and politicians”, the author, Jane Wardell, discusses BP’s stance on the media......

Words: 2426 - Pages: 10

Premium Essay

Bp Oil Spill

...British Petrolum 2012 BP Oil Spill Management Dr…………………………………….. Nahla…………………………… , Nuf………………………. QATAR UNIVERSITY Executive Summary This paper examines the oil spill that took place due to an explosion at one of the drilling rig of British Petroleum on 2010 in the Gulf of Mexico and the managerial response to that crisis. Introduction: History of British Petroleum (BP) According to the British Petroleum's website, the company has started in 1908 with oil found in a rugged part of Persia after a long and hard search. Since then, discoveries large and small have participated in our progress. This is the first phase of BP between 1901 and 1908, the period during which the oil discovery was uncertain. The company has started as the Anglo-Persian Oil Company, which would be called one day BP. The next phase of BP's history was from 1909 to 1924, when the Field of Naphtha was 210 rugged kilometers from the mouth of the Persian Gulf. The Anglo-Persian was building a refinery to turn the thick crude oil into a usable product. Despite its name, the British Petroleum brand was originally created by a German firm as a way of marketing its products in Britain. During the I World war, the British government seized the company’s assets, and the Public Trustee sold them to Anglo-Persian in 1917. The Third phase of BP's history was from 1925 to 1945, when cars flooded onto the streets of Europe and the United States in the 1920s and 30s. BP-labeled gasoline......

Words: 4439 - Pages: 18

Premium Essay

Bp Oil Spill

...BP Deep-water Horizon Oil Spill Public Relations BP Deep-water Horizon Oil Spill: Executive Summary The Deepwater Horizon oil spill or the BP oil spill was a disaster in the Gulf of Mexico that took place in the Macondo Prospect. Macondo Prospect was a BP operated project, and one of the oil spill disasters that has been considered to be one of the most destructive accidents on marine environment. In fact, it has been considered the most expensive and life threatening accident in the petroleum industry. The disaster was an explosion in a deep-sea oil drilling facility owned by BP Company, in which the resultant explosion caused the sinking of the Deepwater Horizon oilrig, killing 11 people in the incident. The disaster let free a gush of oil from under the seabed, flowing for an estimated three months. The result of the BP oil disaster was indeed catastrophic not just too marine life, but also to all other sectors of the economy that depended either directly or indirectly on marine environment (Alexander, 2010). In what remained to be a disaster, the wellhead had continued to gush oil for up to 87 days before a team finally succeeded in July 2010. By this time, it was estimated that the oil spill had discharged approximately 4.9 million barrels, a quantity estimated to be 780,000 cubic meters. By this time, marine life had been put in jeopardy while a lot others had died, or been seriously affected. Apart from marine and wildlife......

Words: 3040 - Pages: 13

Premium Essay

Bp Oil Spill

...BP OIL SPILL Under the Deepwater Horizon, an offshore drilling ring of British Petroleum (BP) caused an oil spill in the Gulf of Mexico. The incident occurred on April 20th 2010, where equipment failed and caused the explosion sinking the ring, and causing the death of 11 workers and more than 17 workers injured. The British based energy company also faced other problems at the site of the oil spill. More than 40 million gallons (estimated data) of oil spewed into the Gulf of Mexico. Oil spill in the Gulf of Mexico is a very serious threat for the wildlife as it causes water pollution. The oil spill effected many coastal areas in the US, like the Louisiana, Alabama, Mississippi and Florida. The oil spill disaster strongly damaged wildlife cycle in the Gulf of Mexico, and many species were thrown into extinction. Similarly, thousands of businesses were thrown into extinction. Many people has questioned the ethical decisions and core value system that BP used to cut corners with the accident; namely, the race to maximize profits at all costs. We are all aware that one of the main causes that let to the disaster were the result of bad decisions, in which a less expensive option (whether to run a test or use a particular kind casing pipe, for example) would save lives. There has been “zero dollars spent on research concerning how to handle oil spills for off-shore drilling by BP despite the company's NET profits - above and beyond all salaries, bonuses, or overhead costs- of...

Words: 822 - Pages: 4

Premium Essay

Bp Oil

...   Final Report on the Investigation of the     Macondo Well Blowout  Deepwater Horizon Study Group  March 1, 2011 The Deepwater Horizon Study Group (DHSG) was formed by members of the Center for Catastrophic Risk Management (CCRM) in May 2010 in response to the blowout of the Macondo well on April 20, 2010. A fundamental premise in the DHSG work is: we look back to understand the why‘s and how‘s of this disaster so we can better understand how best to go forward. The goal of the DHSG work is defining how to best move forward – assessing what major steps are needed to develop our national oil and gas resources in a reliable, responsible, and accountable manner. Deepwater Horizon Study Group Investigation of the Macondo Well Blowout Disaster This Page Intentionally Left Blank Deepwater Horizon Study Group Investigation of the Macondo Well Blowout Disaster In Memoriam  Jason Anderson Senior tool pusher Dewey Revette Driller Stephen Curtis Assistant driller Donald Clark Assistant driller Dale Burkeen Crane operator Karl Kleppinger Roughneck Adam Weise Roughneck Shane Roshto Roughneck Wyatt Kemp Derrick man Gordon Jones Mud engineer Blair Manuel Mud engineer 1 Deepwater Horizon Study Group Investigation of the Macondo Well Blowout Disaster In Memoriam The Environment 2 Deepwater Horizon Study Group Investigation of the Macondo Well Blowout Disaster Table of Contents  In Memoriam.................................................................

Words: 49923 - Pages: 200

Premium Essay

Bp Oil Spill

...The BP oil spill has become widely accepted as the worst manmade environmental calamity in US history. The disaster wasn’t a catastrophe solely because of the extent of harm it caused the environment, but also because of the lack of concern and benevolence BP (primarily their CEO Tony Hayward) showed towards most stakeholders. This paper will give an account of many of the primary errors that were committed by BP. Also, specific dates will be used as a timeline in order to emphasize BP’s lack of concern and ability to act in a legal and ethical manner during the crisis. On April 20, 2010, a Deepwater Horizon drilling rig exploded in the Gulf of Mexico, killing 11 workers and causing the worst environmental disaster in US history (BBC News, 2010). Although there were obvious concerns for the environment, many of these worries were eased when the US Coast Guard announced that they were confident that there was no oil leaking from the well; which was located nearly a mile below the ocean’s surface. Given the depth and location at which BP was working, it would seem illogical not to have a crisis management plan in place. Unfortunately for BP, the company never acknowledged any real risk of a Deepwater oil spill. Thus, BP did not appear to have any related response plan in place. As they previously sought to expand Deepwater oil exploration, along with the rest of the oil industry, BP categorized a Deepwater spill as decidedly unlikely and claimed that if such a spill......

Words: 1046 - Pages: 5

Premium Essay

Bp Oil Spill

...On April 20, 2010, the biggest oil explosion in history occurred. The incident took place in the Gulf of Mexico on the Deepwater Horizon oil rig leased by British Petroleum (BP). This tragedy claimed the lives of 11 BP employees and injured 17 employees. The incident occurred due to BP’s failure to take safety precautions and its focus on keeping costs low. In order to restore its image, BP created a response website titled “Gulf of Mexico Restoration”. This website uses the following three verbal and visual strategies to repair its reputation: a video titled “Committed to the Gulf” to express its commitment to the Gulf and America, a green header titled “Community Development in the Gulf States” to show how BP is restoring the economy, and a slide show of BP’s employees operating in more efficient ways to reveal its dedication to sustainability. BP uses a video of the Gulf, employees, and tourists to express its commitment to the Gulf and America. The video shows BP’s Operations Manager Fred Lemond stating that “BP has paid over 23 billion dollars to help people who were affected by the crisis and also cleanup costs” (BP, 2013). The video also shows “The reopening of the Gulf to tourism and people enjoying the water, which appears to be clean” (BP, 2013). Lemond, also illustrates that “BP is committed to America by creating 250,000 jobs in America and investing more in America than any other country” (BP, 2013). According to Cain Burdeau from The Huffington Post, “BP’s......

Words: 1000 - Pages: 4

Premium Essay

Bp Oil Spill

...   Since April of 2010, BP Oil Company has been working to repair the damages of an oil rig explosion in the Gulf of Mexico. According to Do Something, an environmental website, have reported the death and injury of 28, more than 8,000 animals dead within six months, and 16,000 miles of coastline pollution (11 Facts about the BP Oil Spill). Many accounts blame this catastrophe on BP’s neglect to properly build and maintain machinery. Several clean up workers and fisherman have been affected due to this oil spill (Reed 35). People living near the coast line has been affected due to polluted air and water. Many children had been sick and they had problem breathing fresh air. BP’s ways of “cutting corners” are a point of interest when considering the factors leading to the Deep-water Horizon Oil Spill. There were several issues with this oil spill: professional issues, ethics and new technology issues, legal, regulatory and political, safety issues, and environmental issues. If BP would have taken care of all these issues there had been no oil spill. According to the official federal report, BP’s management cut corners in many areas, especially during the installation of the drill. While drilling the drill pipe got stuck and the engineering had to redesign the parameters but completely cut corners to drill the fastest way possible, which was the start of BP’s problems. Events leading up to the Deepwater Horizon incident led one to question the values and motives of the British......

Words: 1730 - Pages: 7

Premium Essay

Bp Oil and Gas

...The oil, gas and petrochemicals industries are highly competitive. Within the oil and gas the competition is very strong. There are other countries that supply the fuel if there is a need for commerce, industry and the home. With the competitive industry so much pressure on the prices, affects oil products marketing and requires continuous management focus on reducing unit costs and improvements that are needed(Wikinvest, 2012). The implementation of group strategy requires continued technological advances and innovation including advances in exploration, production, refining, petrochemicals manufacturing technology and advances in technology related to energy usage (Wikinvest, 2012). At BP, the way that the company works could be the competitor’s worse enemy if they knew what technology BP uses. Oil, gas and product prices are a worldwide supply and demand. Just before oil price increases have resulted in increased cost inflation. Because of that, increased oil prices may not improve margin performance. In addition to the effect on revenues, margins and profitability from any fall in oil and natural gas prices, a long period of low prices. . If demand is elastic, it simply means that consumers will buy more oil when the price comes down. They will buy less when the price goes up. There are other reasons why consumers increase or decrease consumption, but price is the main driver of demand. Rapid material and change in oil, gas and product prices can impact strategic......

Words: 558 - Pages: 3

Free Essay

Bp Oil

...April 20th, 2010 marks the largest marine oil spill in the history of the petroleum industry. The catastrophic event, commonly referred to as the British Petroleum (BP) oil spill or Deepwater Horizon oil spill, took place in the Gulf of Mexico and started due to “well integrity failure” on BP’s Deepwater Horizon oilrig. A “blowout preventer,” the device that seals the well in situations such as this, failed to engage. The failure led to hydrocarbons uncontrollably shooting up the well, triggering a chain of explosions. These explosions not only killed 11 BP personnel, but also unleashed over four million barrels of oil into the Gulf of Mexico (Bryant 2011). The leak took three months to stop, despite a variety of attempts, before BP finally capped it off on July 15th, 2010 (Adams and Gabbert 2010). In response to the crisis BP launched a website to present itself and its responses in a positive manner. BP’s “Gulf of Mexico Restoration” website uses these three strategies to try to repair its reputation: BP uses vibrant images of beaches and aquatic habitats to visually demonstrate its progress toward restoring the environment affected by the Deepwater Horizon accident; chronicles its accomplishments of restoring the Gulf of Mexico using sizeable headliners and captions, and provides a timeline of expenditures to display its financial commitment to revamping the damaged region. BP uses stunning pictures of restored beaches and enhanced aquatic habitats to express its......

Words: 1007 - Pages: 5

Premium Essay

Bp Oil Spill Disaster

...BP Oil Spill Public Relations Response Introduction BP Oil Spill which is also known as Gulf of Mexico and Deepwater Horizon oil spill is the largest marine oil spill throughout the history which was caused by an explosion on offshore oil platform namely Deepwater Horizon on 20th April, 2010 located at the Mississippi River delta. British Petroleum (BP) was the principal developer of Macondo Prospects oil field where the accident held. The accident occurred when they were closing the oil well for using it in future prospects. BP claimed that on July 15, 2010 they capped the well by stopping the flow of into the Gulf of Mexico in 86 days. Following the hazards of oil spill U.S. Government held British Petroleum responsible for the incident and told the company for all cleanup measure which result in oil spill. BP accepted the responsibility and cleanup costs. According to numerous reports, abnormal amounts of high-pressure methane gas accumulated inside the rig's marine risers, a complex system of tubing that runs between an underwater oil sources. The methane gas traveled through the risers and expanded rapidly, igniting the oil within. The exact cause of the explosion and fire are still under investigation, but according to interviews conducted during BP's internal investigation, several workers aboard the rig reported that a bubble of methane gas had in fact escaped from the well and shot up the drill column, expanding as it burst through several seals and barriers......

Words: 2255 - Pages: 10

Premium Essay

Bp Oil Spill Issue

...largest oil and gas company which has its headquarter in London, England. The initial name of BP is the Anglo-Persian Oil Company in 1909; in 1954 it changed to its present name British Petroleum. It is combined and reconstructed by the former British Petroleum, Amoco and ARCO (Atlantic Richfield Company). BP’s business has spread to many fields including oil and natural gas, alternative fuels, the production of petroleum based product, aviation fuels and its business about the solar electric power generation is also growing very fast. Since 1981, BP has set up 12 branch companies successively in many fields such as mineral, food, ship, international finance, international detergent with its business spread to more than a hundred countries all over the world. BP has nearly 110,000 employees work all over the world. In 2003, BP is ranked on the FORTUNE as the first five global top 500 companies. Deepwater horizon oil spill and deepwater horizon explosion On 20th April, 2010, the Gulf of Mexico suffered a lot from a great catastrophe of oil spill. The drilling platform of the British Petroleum Corporation exploded in the deepwater horizon in the Gulf of Mexico which led to 11 workers death and very severe environment pollution. This event is regarded as the most severe oil spill incident in the history of America.。 Many people are curious about this catastrophe and people did not know what cause it and what actions would BP take. According to the inspection report BP......

Words: 2694 - Pages: 11

Premium Essay

Bp Oil Spill Analysis

...largest oil and gas company which has its headquarter in London, England. The initial name of BP is the Anglo-Persian Oil Company in 1909; in 1954 it changed to its present name British Petroleum. It is combined and reconstructed by the former British Petroleum, Amoco and ARCO (Atlantic Richfield Company). BP’s business has spread to many fields including oil and natural gas, alternative fuels, the production of petroleum based product, aviation fuels and its business about the solar electric power generation is also growing very fast. Since 1981, BP has set up 12 branch companies successively in many fields such as mineral, food, ship, international finance, international detergent with its business spread to more than a hundred countries all over the world. BP has nearly 110,000 employees work all over the world. In 2003, BP is ranked on the FORTUNE as the first five global top 500 companies. Deepwater horizon oil spill and deepwater horizon explosion On 20th April, 2010, the Gulf of Mexico suffered a lot from a great catastrophe of oil spill. The drilling platform of the British Petroleum Corporation exploded in the deepwater horizon in the Gulf of Mexico which led to 11 workers death and very severe environment pollution. This event is regarded as the most severe oil spill incident in the history of America.。 Many people are curious about this catastrophe and people did not know what cause it and what actions would BP take. According to the inspection report BP......

Words: 2694 - Pages: 11

Premium Essay

Bp Oil

...largest oil and gas company which has its headquarter in London, England. The initial name of BP is the Anglo-Persian Oil Company in 1909; in 1954 it changed to its present name British Petroleum. It is combined and reconstructed by the former British Petroleum, Amoco and ARCO (Atlantic Richfield Company). BP’s business has spread to many fields including oil and natural gas, alternative fuels, the production of petroleum based product, aviation fuels and its business about the solar electric power generation is also growing very fast. Since 1981, BP has set up 12 branch companies successively in many fields such as mineral, food, ship, international finance, international detergent with its business spread to more than a hundred countries all over the world. BP has nearly 110,000 employees work all over the world. In 2003, BP is ranked on the FORTUNE as the first five global top 500 companies. Deepwater horizon oil spill and deepwater horizon explosion On 20th April, 2010, the Gulf of Mexico suffered a lot from a great catastrophe of oil spill. The drilling platform of the British Petroleum Corporation exploded in the deepwater horizon in the Gulf of Mexico which led to 11 workers death and very severe environment pollution. This event is regarded as the most severe oil spill incident in the history of America.。 Many people are curious about this catastrophe and people did not know what cause it and what actions would BP take. According to the inspection report BP......

Words: 2694 - Pages: 11

Premium Essay

Bp Oil Spill

...29 February 2012 BP Oil Spill Oil rigs provide the world with the fuel that is needed to keep it running. However, it is common knowledge that they may potentially cause harm to not only living creatures but also the environment they rely on to survive. This was proven in the spring of 2010 when an oil rig off the Gulf of Mexico exploded and resulted in an oil spill. This catastrophic event opened millions of eyes to the errors that can be found in the way oil rigs are set up. It also caused people to take a closer look at whose responsibility it is to make sure all the safety codes and procedures are being followed before a drilling plan in approved. The BP disaster not only drew people’s attention to the process of oil drilling, it also had a serious impact on the economy and an even more tragic impact on the environment and wildlife around it. It also provided a perfect example of the dangers oil drilling can pose if it is done in an area not prepared to handle the consequences. On April 20, 2010 an offshore oil rig owned by BP (British Petroleum) blew up, taking the lives of 11 people before beginning to dump dangerous amounts of crude oil into the ocean and coastlines of the Gulf of Mexico. The oil rig, known as Deepwater Horizon, is believed to have dumped more than 200 million gallons of the oil before it was capped off three months later. This number however, is only an estimate due to the refusal of BP to allow accurate measures of the spilt oil to be obtained......

Words: 1896 - Pages: 8