Industrial accident data over the past several years makes clear that while mitigating Major Accident Hazard events is a fundamental objective, so-called “black swan” events are becoming more commonplace – especially in the refining and petrochemical industries. In fact, over the past 20 years, the combined losses from these events have totaled around $28 billion!

This e-book takes a retrospective review of a significant refinery loss event and the key lessons learned from it. And, it will uncover how industry is investing heavily in Industry 4.0 technology initiatives in a bid to stay competitive and viable in these uncertain times of shifting margins, oil price fluctuations, shutdowns, upgrades, mergers & acquisitions.

Register to download the e-book.

Circles-1 (1)
EB 010 – Keeping the ‘Black Swan’ at Bay_ Digitalization and Safe Operations copy

Latest insights from Sphera

Abstract view of an office building with many convex windows from below
EmpCo is live: what companies can do to make environmental and sustainability claims defensible

EmpCo is live: what companies can do to make environmental and sustainability claims defensible

Biodiversity loss is a growing supply chain and business risk. Learn how to assess nature-related dependencies with TNFD,…
October 29, 2026
Photovoltaic with cloudy sky reflection
Are your mitigation and adaptation plans working together?

Are your mitigation and adaptation plans working together?

Learn how CMIP7 emissions scenarios change climate risk analysis and what companies should do now to test resilience…
October 29, 2026
Abstract blue and black gradient pattern with a soft metallic mesh texture. The clean, modern design features a diagonal dark background
Amer Sports strengthens global sustainability data governance and GHG emissions accuracy with Sphera

Amer Sports strengthens global sustainability data governance and GHG emissions accuracy with Sphera

Duke Energy creates a trusted data foundation and governance across EHS, chemical management and sustainability with Sphera
October 29, 2026