Business Ethics

Business Ethics

Introduction

This article was published in the New York Times, October 17, 2011 edition. Written by Chris Graythen, this article provides a background about the Gulf Oil Spill and the recent provisions made for it.

Gulf Oil Spill occurred on April 20, 2010, when a deep water drilling rig of the British Petroleum, exploded one mile below the surface of the Gulf of Mexico. This was the biggest oil spill ever that occurred in the history. According to scientists, approximately five million barrels of oil were leaked from BP's well into the Gulf of Mexico as a result of this explosion ...