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

scope 3 hero
Scope 3

Scope 3

Analyze and manage your carbon emissions across the entire value chain with our scope 3 software
February 6, 2026
GP 020 Compliance-Glossary_Header_1440
Double Materiality

Double Materiality

Double Materiality Assessments offer an opportunity to proactively respond to stakeholder concerns and align your business activities with…
February 6, 2026
2026 Sphera Health and Safety Management Report

2026 Sphera Health and Safety Management Report

Discover how 586 leaders use AI and tech to advance EHS maturity. Download our 2026 report for a…
February 5, 2026