Category Archives: Hazard Risk

BP Report Finds Several Companies at Fault in Spill

Posted on September 8, 2010 by Kristina

New York Times reported September 8, 2010 the oil giant BP said Wednesday in its internal report that a series of failures involving a number of companies ultimately led to the huge oil spill in the Gulf of Mexico. ” … Continue reading →

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Risks With Closely Coupled System

Posted on August 29, 2010 by Kristina

Forbes reported on August 16, 2010 the risk in closely coupled system. If something happens to one area, it quickly ripples to other parts of the system producing unintended and sometimes catastrophic consequences. Afterward, failure was totally predictable. Failures of … Continue reading →

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BP Demonstrates Poor Safety Responsibility

Posted on August 28, 2010 by Kristina

Bloomberg Businessweek reported on August 26, 2010 that BP Kent Wells, a senior vice president who joined the Gulf of Mexico oil-spill response two days after it began four months ago, said before the joint Coast Guard-Interior Department panel that … Continue reading →

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Lack of Clear Risk Strategy

Posted on August 23, 2010 by Kristina

CBS News reported on August 6, 2010 about Tony Hayward as he was grilled in Congress about BP’s safety record. Mr. Hayward kept saying he was changing things and that since he took over, there was a new focus on … Continue reading →

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