Case Study:
"Oil Spills"
On April 20, 2010, there was an explosion on the Deepwater Horizon oil rig in the Gulf of Mexico. Review a history of those events from the following sources:
- Deepwater Horizon Accident and Response
- Gulf Oil Spill
- 100 Days of the BP Spill: A Timeline
Answer the following questions:
- Did BP respond in a manner that was appropriate to stockholders or did they take a stakeholder view?
- In making your determination, what were the primary factors that you considered?
- Provide specific examples, where applicable.
- If you were the CEO of BP at that time, what would you have done in the hours, days, and weeks after the explosion?