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

Why supplier scores are no longer enough

Why supplier scores are no longer enough

Beyond EcoVadis: Why supplier scores aren't enough for 2026 resilience. Move from static ratings to real-time N-tier visibility…
April 27, 2026
Five Ways to Keep Data Optimized for AI

Five Ways to Keep Data Optimized for AI

Master supply chain risk management with Sphera. Move from fragmented data to AI-driven intelligence for proactive ESG compliance…
April 24, 2026
Double Materiality After November 2025: Less Scoring, More Judgment

Double Materiality After November 2025: Less Scoring, More Judgment

Rethink your DMA. The Nov 2025 ESRS update shifts Double Materiality from exhaustive scoring to strategic judgment. Learn…
April 22, 2026