BP Said to Have Shunned Business Ethics by Hiding E-mails on Gulf Oil Spill

There have been instances in the last 100 years where we saw hundreds of lives and property loss of millions of dollars being wasted. One among such unfortunate accidents happened when the Deepwater Horizon oil rig exploded. Though the event took place some time back, the shock still lingers in the minds of relatives and friends of people who worked there.

The latest proceeding involves the reveal of e-mails which confirms that BP was aware of the accident much earlier.

The e-mail conversation, which BP agreed to release on Friday as part of federal court proceedings, suggests that BP managers recognized the potential of the disaster in its early hours, and that company officials sought to make sure that its model-developed information was not shared with outsiders.

The e-mails also suggest that BP was having heated discussions with the Coast Guard over the potential of the oil spill.

BP is a vertically-integrated firm that is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.

It also has major renewable energy activities, including in biofuels, hydrogen, solar and wind power.

The messages were released as part of the court proceedings to determine the division of responsibility for the nation’s worst offshore oil disaster, which began when the BP-leased Deepwater Horizon exploded on April 20, 2010, killing 11 men about 50 miles southeast of the Louisiana coast.

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