By Danilo Dovgoborets and Weibin Han This blog post was written for the course "Current Issues in Global and EU Affairs", which took place from February 12-April 30, 2018. NASA image of Deepwater Horizon oil spill In 1859, Edwin Drake’s oil wells in Pennsylvania opened a new chapter in history of energy consumption, as the industrial scale petroleum production took over the roles of other fuels and replaced the previously prosperous American whale oil industry. BP (British Petroleum) represents one of the most entrenched transatlantic business relations with its largest division located in America. The company started in 1908, when William D’Arcy gambled all his fortunes on an oil rig in Persia. BP gradually became a multinational company as it acquired projects from India to Egypt to Trinidad. For a long time the company seemed invincible, until in April 2010 the Deepwater Horizon explosion struck the Gulf of Mexico off the coast of Louisiana. The disaster caused...