Essay from the year 2010 in the subject Politics - Environmental Policy, grade: B, The ESC Rennes School of Business (-), course: MSc in Finance, language: English, abstract: BP (British Petroleum), the world’s one of the well known and largest companies in the field of Oil & Gas, very recently came across an unforeseen event – the massive oil spill in U.S Gulf of Mexico area. BP’s this incident led into shattering events with major environmental and financial implications. This further led to the series of questions being raised by the experts and the corporate citizens of the world, about the long term repercussions from BP’s oil spill crisis. This theme is further elaborated with detailed findings and conclusion in the said paper.