British Petroleum: From Texas City to the Gulf of Mexico and Beyond

Torben Juul Andersen, Christine Bang Andersen

    Research output: Other contributionEducation

    Abstract

    The case deals with the rather tumultuous executive leadership changes of British Petroleum (BP) over the past decade from 2005 to 2014 in the wake of two dramatic incidents: The Texas City refinery explosion in 2005 and the explosion of the oil rig Deepwater Horizon in the Mexican Gulf in 2010. The company started with a venturous search for oil in Iran in the early 1900s to eventually become a multinational oil and gas conglomerate among the world’s largest energy companies. The company grew by developing oil fields around the world including demanding locations like Alaska, the North Sea and the Mexican Gulf and pursuing an ambitious acquisition strategy soaking up significant assets and brands in North America and elsewhere. The case describes the circumstances around the incidents that triggered the executive changes and considers the economic and environmental effects of prevailing policy guidelines and governance practices. The case captures the intricacies of corporate management and provides a realistic overview of the complexities that often surround leadership approaches and executive decisions. Hence, it can be used in various graduate and executive courses in strategic management, leadership development and corporate governance that all grapple with issues of responsible ethical behaviour.
    Original languageEnglish
    Publication date2014
    Place of PublicationFrederiksberg
    PublisherCopenhagen Business School, CBS
    Number of pages26
    Publication statusPublished - 2014
    SeriesCBS free case collection

    Bibliographical note

    Case-reference no. 714-017-1

    Cite this

    Andersen, T. J., & Andersen, C. B. (2014). British Petroleum: From Texas City to the Gulf of Mexico and Beyond. Frederiksberg: Copenhagen Business School, CBS. CBS free case collection http://www.thecasecentre.org/educators/products/view?id=120595