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RISK REVIEW OF BP
REPORT
Background
Everyday BP serve around 13 million customers in more than 100 countries across 6 continents, providing products that improve their quality of life-fuel, energy for heat and light and petrochemicals for use in everyday items such as textiles, packaging and health products. Everyday more than 100,000 people combine their energy and innovation to make BP one of the world’s leading companies.
BP Risks
Financial
Financial risks exist in many forms. Not meeting annual growth targets and not investing sufficiently in new fields due to being short sighted and return of assets low is one of many dangers that BP faces. ... BP announced plans for a further $20 billion of investment in less traditional oil fields after confirming a $6. ... In Russia, BP will assume management control of a new joint venture, formed from existing investments in TNK and Sidanco, but said it turned down the chance to take more than 50% of the equity because it wanted Russian investors to feel wanted Russian investors to feel equal partners and help lobby the government. ... Because falling oil prices are likely to cool demand for the sector; it is more likely that BP shares will fall. ... A bold some might argue reckless-acquisition in Russia, has upped the risk profile of this previously relatively conservative institution. ... Alongside the standard financial figures, BP reports its own greenhouse gas and other emissions, oil spillages, employee satisfaction, days lost through injury at work, and community investment across the world (see Appendix 1).
Approximate Word count = 1196
Approximate Pages = 4.8
(250 words per page double spaced)
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