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Unformatted text preview: WCBA T ransfer Ethics Case Competition BACKGROUND: In April of 2010, BP, a global oil and gas company, was involved in the largest accidental oil spill in the history of the petroleum industry. This unfortunate event brought the companies involved, and the oil industry, under extreme scrutiny with consideration to corporate social responsibility. The following case is loosely derived from an actual incident and ethical issue a company in the oil industry faced. COMPANY AND CORPORATE PHILOSOPHY: Oil Gator was established in 1906 in the city of Gainesville, FL. Oil Gator is an American multinational oil and gas company that holds the industry leading inventory of global oil and gas resources. They are the largest refiner and marketer of petroleum products. The mission of Oil Gator is to commit to excellence when implementing the execution of business strategies in a competitive, sustainable, and socially responsible way. Employees at Oil Gator are committed to the company’s mission as well as striving for operational excellence in their everyday management. This is done by delivering safe operations, making advancements in energy efficiency, as well as sustaining a competitive business nature. Oil Gator recognizes the scrutiny facing the oil industry and has outlined the issues in order to take anticipatory measures toward spill prevention, environmental performance, safety within the workplace, and energy technology. Five years ago, Oil Gator partnered with other oil companies and signed a Pipeline construction consortium agreement that would allow the companies included in the agreement to drill oil in Chad and create a pipeline starting from landlocked Chad, through Cameroon in order for oil to be exported from a Cameroon port. The following is some information collected by Oil Gator on Chad and Cameroon. CHAD AND CAMEROON: Since the late 20 th century, Chad and Cameroon of Africa were amongst the poorest countries in the world. The following is a socioeconomic comparison of Chad, Cameroon, and the United States. 1 Chad Cameroon United States Per capita GNP $396 $1,009 $43,743 Life Expectancy 44 years 46 years 77 years I nfant mortality 124 per 1,000 births 82 per 1,000 births 7 per 1,000 births Literacy rate 32.7% 67.9% 99% Count ry GNP 3.87 billion 16.48 billion 12,970 billion Annual exports $2 billion $328 million ** ** No annual exports necessary because Oil Gator is looking into exporting from only Chad and Cameroon http://www.studentsoftheworld.info/country_information.php?Pays http://databank.worldbank.org/ddp/home.do?Step=12&id=4&CNO=2 Along with being amongst the world’s poorest countries, Chad and Cameroon also hold two of the world’s worst records for political corruption. In 1990, General Idriss Deby became Chad’s new head of state. Under his rule, corruption and human rights abuses were widespread. In Cameroon friction occurred between ethnic groups and regions that fought for oil revenues from the government....
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This note was uploaded on 02/10/2011 for the course GEB 4930 taught by Professor Jaimelittle during the Fall '10 term at University of Florida.
- Fall '10