By Loren C. Steffy
The definitive account of ways BP's win-at-all-costs tradition resulted in this era's maximum business catastrophe
"A conscientiously and powerfully written story." monetary instances
"When an writer makes use of a loaded note like 'reckless' in a book's name, the weight of evidence is excessive. . . . Steffy meets the weight by means of demonstrating that company behemoth BP (formerly British Petroleum) may have avoided the eleven deaths on April 20, 2010, aboard the Deepwater Horizon. . . . The deaths and the big oil spill following the sinking of Deepwater Horizon would definitely develop into a landmark of company ineptness and greed for the rest of human historical past, thank you partly to Steffy's impressive account." San Antonio Express-News
"Steffy has produced a desirable, gripping, revealing account. . . . The publication information occasions aboard the Deepwater Horizon in April of 2010 to begin, however it digs deeper into what's published as a tradition of cost-cutting boiling over inside of BP. Steffy records years of incidents and negative administration judgements, detailing the increase of key characters like John Browne and Tony Hayward along riveting outlines of frightening occasions in Texas urban and at different BP destinations. . . . The e-book reads like fiction now and then, with the author's heavily-detailed bills of explosions and conversations growing vibrant, approximately fantastical photographs. The tragic background of BP is all-too-real, although, because the misplaced lives and environmental harm definitely attest to.. . . Steffy is an intensive, uncomplicated writer. His matters principally lie with the death and the overall tradition of cost-cutting of BP, portray an apt and terrifying photo of rampant, regular, high priced neglect." Seattle submit Intelligencer
"Steffy offers invaluable perception and an important company context in explaining how a lot oil ended up within the Gulf of Mexico." BusinessWeek
"[Steffy's] investigations display a company tradition of cost-cutting tasks that positioned earnings prior to employees' lives and the surroundings, with repeated security violations and an abysmal coincidence background. . . . Steffy information how, within the context of BP's checklist, the catastrophe was once simply a part of a development of bad choice making within the relentless pursuit through BP to turn into the biggest and so much ecocnomic oil corporation within the world." Booklist
About the booklet
As evening settled on April 20, 2010, a sequence of explosions rocked Deepwater Horizon, the titanic semisubmersible drilling platform leased by way of British Petroleum, situated forty miles off the Louisiana coast. the resultant inferno claimed eleven lives, and it'll rage uncontained for 2 days, until eventually its wreckage sank to a last resting position approximately a mile underneath the waves. at the ocean flooring, the unit's wellhead erupted. Over the following ten weeks, as repeated makes an attempt to cap the geyser failed, an envisioned 2 hundred million gallons of oil—the identical of 20 Exxon Valdez spills—spewed into the Gulf of Mexico, ultimately lapping up on shores as distant as Florida.
Drowning in Oil , through award-winning Houston Chronicle enterprise reporter and columnist Loren Steffy—considered by way of many to be the author with the simplest entry to the story—is an unheard of and gripping narrative of this disaster and the way BP's winner-take-all company tradition made all of it yet inevitable.
Through never-before-published interviews with BP executives and staff, environmental specialists, and oil insiders, Steffy takes us backstage of a hundred years of BP company heritage. starting with the conglomerate's early gambits within the heart East to its contemporary ascent between strength titans, Steff reveals the roots of the Gulf oil spill within the unwritten discount among oil manufacturers and shoppers, whose insatiable appetites force the hunt for brand new offers speedier, farther, and deeper.
Beyond this, the Deepwater Horizon catastrophe came about after a historical past of fee slicing in pursuit of gains, really below the suggestions of its latest ex-CEOs, John Browne and Anthony Hayward.
Exhaustively researched and documented, Drowning in Oil is the 1st in-depth exam of the way a scarcity of company accountability and executive oversight ended in the most important offshore oil spill in U.S. heritage. it's an aim, no-punches-pulled account of the strength undefined: its environmental effect and the serious pageant between stakeholders in trendy oil markets.
This ebook places all the things jointly, supplying a definitive account of BP's pursuit of oversized earnings because the business international awakens to the bleak realities of top Oil.
" They fumbled round the darkened room and located an handbook. via flashlight, they learn the beginning techniques. They have been doing every little thing correct. After 5 - 6 futile attempts, they gave up and headed again towards the bridge. again at the bridge, alarms have been shrieking and the captain knew they have been working out of time. The subsea engineer had hit the emergency disconnect for the good, and even though the keep an eye on panel confirmed the rig will be unfastened, it wasn't. The hydraulics have been useless. hearth persevered to shoot from the pinnacle of the derrick. The rig had no strength, and with no energy, it had no pumps for the firefighting apparatus, no approach to close off the movement of gasoline from the good, and no strategy to disconnect the rig from the flaming umbilical that had it tethered to the wellhead. " —from Drowning in Oil