case study: BP and the Deepwater Horizon Explosion: Safety First

Background and Nature of Market

BP PLC is a holding company with three operating segments: Exploration and Production; Refining and Marketing; and Gas, Power, and Renewables. Exploration and Production$$s activities include oil and natural gas exploration and field development and production. Discuss the ethical, negligence, and environmental issues that you see in this case.

$2.$ Make a list of the questions from Unit $1$ that might have helped BP do a better analysis for their decisions on these key issues that resulted in significant harm to employees, communities, and the environment.

$3.$ BP rented the rig from Transocean for $$500,000$ per day. Transocean had been recognized by the U$.$S$.$ government for its safety record$\mathrm{.}75$ Can companies