Archive for November, 2010

How BP’s Win-at-all-Costs Culture Led to This Era’s Greatest Industrial Catastrophe

Wednesday, November 24th, 2010
Drowning in Oil: BP & the Reckless Pursuit of Profit
Drowning in Oil: BP & the Reckless Pursuit of Profit
Drowning in Oil: BP & the Reckless Pursuit of Profit

Award-winning Houston Chronicle journalist Loren Steffy delivers an authoritative and hard-hitting account of the Deepwater Horizon disaster–how it’s only part of a larger pattern of corporate hubris on the part of British Petroleum. Written by the man many consider to be closest to the unfolding Gulf environmental catastrophe, Drowning in Oil will be a complete narrative of BP, 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.