Biggest Risks in the Oil and Gas Industry and How to Mitigate Them
The oil and gas industry is universally considered one of the riskiest industries and arguably one that faces several challenges. Over the years, there have been notable cases of oils spills and refinery explosions linked to devastating environmental effects. Other concerns include the construction of oil and gas infrastructure, which causes environmental pollution and disruption of wildlands and wildlife habitat. All these are serious concerns that the entire industry and government institutions are trying to solve. In recent years, oil and gas giants have developed risk assessment and mitigation measures to help them stay competitive in the highly volatile market. … Continue reading