Drowning in Oil: BP & the Reckless Pursuit of Profit
- ISBN-10
- 0071761772
- ISBN-13
- 9780071761772
- Category
- Business & Economics
- Pages
- 256
- Language
- English
- Published
- 2010-12-20
- Publisher
- McGraw Hill Professional
- Author
- Loren C. Steffy
Description
The unprecedented account of how BP's win-at-all-costs culture led to this era's greatest industrial catastrophe Award-winning Houston Chronicle journalist Loren Steffy delivers an authoritative and hard-hitting account of the Deepwater Horizon disaster that reveals how it's only part of a larger pattern of corporate hubris on the part of British Petroleum. Written by the reporter many consider to be closest to BP and the Gulf environmental catastrophe, Drowning in Oilis a complete narrative of the British energy giant, as well as the impact its recent miscues will have on both the US economy and global energy markets. Featuring original, never-before-published interviews with BP executives, environmental experts, and oil industry insiders, this book takes readers behind the scenes to reveal in unprecedented detail BP's win-at-all-costs corporate culture. Steffy covers 100 years of BP corporate history from the conglomerate's early gambits in Persia's oilfields through its role in Winston Churchill's rise to power up to its recent scandals and disasters. Worthy of comparisons to Daniel Yergin's The Prize, and Burrough's and Helyar's Barbarians at the Gate, Drowning in Oil will become the definitive account of the energy industry as the industrialized world nears the age of Peak Oil. Exhaustively researched and extensively documented The first full-length examination of how one of the world's biggest corporations set itself up for failure on an epic scale A no-punches-pulled account of energy, environmentalism, and the intense competition among stakeholders in today's oil markets
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