The threat of more fines is holding BP back
The Deepwater Horizon disaster left 11 dead and cost BP some £ 26.2bn but since then the company has been forced to focus on core business. As well as renewed attention to safety, BP has had to sell $38bn of assets to fund the bill, including half its platforms and pipelines which now make it look far less bloated than before. This has produced a business where it is simpler to manage risks.
Abstract details
Journal title: Daily Telegraph
Keywords: Accidents and Explosions - Deepwater Horizon
Countries: USA -
Organisation: BP
Subjects: Offshore safety, Trading, Management and commerce, Policy and Governance, Planning and Design, Economics, business and commerce, Accidents and explosions