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Contemporary Business Management issues such as reducing the carbon footprint

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General public

About the document

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Language
documents in English
Format
Word
Type
case study
Pages
6 pages
Level
General public
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  1. The significance of the carbon footprint in today's oil industry
  2. Specific companies
  3. Recommendations for BP
  4. Impact of regulations on the oil industry

BP, which is popularly known as British Petroleum, is the world's third largest energy corporation. In 2010, BP, which has $272 billion worth of assets, registered $308 billion worth of profits. BP has more than 79,000 workers employed in different capacities in branches across the globe. The company has its headquarters in London. In 1901, the then Shah of Iran, Mozaffaroddin Shah, ratified a concession that gave William Knox D'Arcy's Anglo Persian Corporation the right to prospect for oil in his nation. The Burma Oil Company would take over the Anglo Persian Corporation in 1909. The Burma Oil Company had its name changed, in subsequent years, to ?the Anglo Iranian Company', then to the ?National Iranian Oil Company'. After the CIA-backed coup that overthrew Iran's premier Mohammed Mossadeq in 1953, the National Iranian Oil Company was renamed the British Petroleum Company.

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