One of the world’s worldwide largest and well-known oil companies is British Petroleum Plc (BP). BP grants its customers with alternative energies such as fuel, gas, petrochemical products for everyday stuffs. Even though, the company wishes to act upon on corporate social responsibility, for instance reducing its carbon dioxide (CO2) emissions they still succumb due …
In 2008 under the late President Umaru Yar’Adua, Nigeria began the arduous process of changing the institutional framework which governs the nation’s oil and gas industry. The delayed passage of the bill was followed by controversies surrounding the emergence of different versions of the document, Goodluck Jonathan, on assumption of office ordered a withdrawal of …
BRITISH PETROLEUM Background BP is a leading global energy business operating in 100 countries and serving 13 million customers every day. Its main activities are the exploration and production of crude oil and natural gas; refining, marketing, supply of hydrocarbons; and the manufacture and marketing of petrochemicals. The company also has a growing presence in …
Introduction BP Petroleum operates in different countries. It faces many threats. according to Porter’s Five Forces Model. The threats according to Porter comes from suppliers bargaining power, buyers bargaining power, threat of substitutes, threat of new entrants in the market and threat of competition. These forces vary in its power and depend in different time periods …
