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Swot Analysis Of British Petroleum

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1 Oil’s Troubled Water
British Petroleum (BP) is one of the biggest oil and gas industry in the world. They owned 21,000 services stations worldwide and their brand is most trusted in the world. Then an incident occur in 2012, where BP Deepwater Horizon oil rig has exploded that causes 11 deaths and oil slick at the Gulf of Mexico. BP is being fined billion of dollar by the US government and need to compensate the others that affected by it.

1.1 Political Factors
Most of the oil reserved in the worlds are owned by the nation government. Due to the incident, BP is under pressured by the huge fined and they are lacked of expertise in solving this problem which is a political for them. Not only US government are involved but other oil industries in the incident area are also affected which it’s going to be a huge threat for BP.
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It shows that the number of people using train has been increased whilst a decrease in motor vehicles usage. This shows that UK has imposed high tax rate on high usage on carbon dioxide. This may result in reducing the demand of oil and a possibility a drop on oil

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