IDEAS home Printed from https://ideas.repec.org/a/spr/climat/v121y2013i1p41-53.html
   My bibliography  Save this article

Vulnerability of the oil and gas sector to climate change and extreme weather events

Author

Listed:
  • Ana Cruz
  • Elisabeth Krausmann

Abstract

A changing climate and more frequent extreme weather events pose challenges to the oil and gas sector. Identifying how these changes will affect oil and gas extraction, transportation, processing, and delivery, and how these industries can adapt to or mitigate any adverse impacts will be vital to this sector’s supply security. This work presents an overview of the sector’s vulnerability to a changing climate. It addresses the potential for Natech hazards and proposes risk reduction measures, including mitigation and adaptation options. Assessment frameworks to ensure the safety of people, the environment, and investments in the oil and gas sector in the face of climate change are presented and their limitations discussed. It is argued that a comprehensive and systemic analysis framework for risk assessment is needed. The paper concludes that climate change and extreme weather events represent a real physical threat to the oil and gas sector, particularly in low-lying coastal areas and areas exposed to extreme weather events. The sector needs to take climate change seriously, assess its own vulnerability, and take appropriate measures to prevent or mitigate any potentially negative effects. Copyright Springer Science+Business Media Dordrecht 2013

Suggested Citation

  • Ana Cruz & Elisabeth Krausmann, 2013. "Vulnerability of the oil and gas sector to climate change and extreme weather events," Climatic Change, Springer, vol. 121(1), pages 41-53, November.
    • Handle: RePEc:spr:climat:v:121:y:2013:i:1:p:41-53
    DOI: 10.1007/s10584-013-0891-4
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10584-013-0891-4
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10584-013-0891-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Elisabeth Krausmann & Elisabetta Renni & Michela Campedel & Valerio Cozzani, 2011. "Industrial accidents triggered by earthquakes, floods and lightning: lessons learned from a database analysis," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 59(1), pages 285-300, October.
    2. Laura Steinberg & Hatice Sengul & Ana Cruz, 2008. "Natech risk and management: an assessment of the state of the art," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 46(2), pages 143-152, August.
    3. Ana Maria Cruz & Laura J. Steinberg & Ana Lisa Vetere-Arellano, 2006. "Emerging Issues for Natech Disaster Risk Management in Europe," Journal of Risk Research, Taylor & Francis Journals, vol. 9(5), pages 483-501, July.
    4. Antonioni, Giacomo & Bonvicini, Sarah & Spadoni, Gigliola & Cozzani, Valerio, 2009. "Development of a framework for the risk assessment of Na-Tech accidental events," Reliability Engineering and System Safety, Elsevier, vol. 94(9), pages 1442-1450.
    5. Elisabeth Krausmann & Fesil Mushtaq, 2008. "A qualitative Natech damage scale for the impact of floods on selected industrial facilities," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 46(2), pages 179-197, August.
    6. Elisabeth Krausmann & Daniele Baranzini, 2012. "Natech risk reduction in the European Union," Journal of Risk Research, Taylor & Francis Journals, vol. 15(8), pages 1027-1047, September.
    7. Ana Cruz & Norio Okada, 2008. "Consideration of natural hazards in the design and risk management of industrial facilities," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 44(2), pages 213-227, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Antonioni, Giacomo & Landucci, Gabriele & Necci, Amos & Gheorghiu, Diana & Cozzani, Valerio, 2015. "Quantitative assessment of risk due to NaTech scenarios caused by floods," Reliability Engineering and System Safety, Elsevier, vol. 142(C), pages 334-345.
    2. Landucci, Gabriele & Antonioni, Giacomo & Tugnoli, Alessandro & Cozzani, Valerio, 2012. "Release of hazardous substances in flood events: Damage model for atmospheric storage tanks," Reliability Engineering and System Safety, Elsevier, vol. 106(C), pages 200-216.
    3. Necci, Amos & Antonioni, Giacomo & Cozzani, Valerio & Krausmann, Elisabeth & Borghetti, Alberto & Alberto Nucci, Carlo, 2013. "A model for process equipment damage probability assessment due to lightning," Reliability Engineering and System Safety, Elsevier, vol. 115(C), pages 91-99.
    4. Khakzad, Nima & Van Gelder, Pieter, 2018. "Vulnerability of industrial plants to flood-induced natechs: A Bayesian network approach," Reliability Engineering and System Safety, Elsevier, vol. 169(C), pages 403-411.
    5. Misuri, Alessio & Landucci, Gabriele & Cozzani, Valerio, 2021. "Assessment of risk modification due to safety barrier performance degradation in Natech events," Reliability Engineering and System Safety, Elsevier, vol. 212(C).
    6. Landucci, Gabriele & Necci, Amos & Antonioni, Giacomo & Tugnoli, Alessandro & Cozzani, Valerio, 2014. "Release of hazardous substances in flood events: Damage model for horizontal cylindrical vessels," Reliability Engineering and System Safety, Elsevier, vol. 132(C), pages 125-145.
    7. Marzo, E. & Busini, V. & Rota, R., 2015. "Definition of a short-cut methodology for assessing the vulnerability of a territory in natural–technological risk estimation," Reliability Engineering and System Safety, Elsevier, vol. 134(C), pages 92-97.
    8. Tiezhong Liu & Hubo Zhang & Xiaowei Li & Haiyan Li, 2017. "Effects of organization factors on flood-related Natechs in urban areas of China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 88(1), pages 355-365, August.
    9. Misuri, Alessio & Landucci, Gabriele & Cozzani, Valerio, 2020. "Assessment of safety barrier performance in Natech scenarios," Reliability Engineering and System Safety, Elsevier, vol. 193(C).
    10. José Carlos de Moura Xavier & Wilson Cabral Sousa Junior, 2016. "Recognising na-tech events in Brazil: moving forward," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 82(1), pages 493-506, May.
    11. Nicholas Santella & Laura J. Steinberg & Gloria Andrea Aguirra, 2011. "Empirical Estimation of the Conditional Probability of Natech Events Within the United States," Risk Analysis, John Wiley & Sons, vol. 31(6), pages 951-968, June.
    12. Misuri, Alessio & Ricci, Federica & Sorichetti, Riccardo & Cozzani, Valerio, 2023. "The Effect of Safety Barrier Degradation on the Severity of Primary Natech Scenarios," Reliability Engineering and System Safety, Elsevier, vol. 235(C).
    13. Valente, Matteo & Ricci, Federica & Cozzani, Valerio, 2025. "A systematic review of Resilience Engineering applications to Natech accidents in the chemical and process industry," Reliability Engineering and System Safety, Elsevier, vol. 255(C).
    14. Mei Cai & Stephen M. Marson, 2021. "A regional Natech risk assessment based on a Natech-prone facility network for dependent events," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 107(3), pages 2155-2174, July.
    15. Tao Zeng & Guohua Chen & Yunfeng Yang & Genserik Reniers & Yixin Zhao & Xia Liu, 2020. "A Systematic Literature Review on Safety Research Related to Chemical Industrial Parks," Sustainability, MDPI, vol. 12(14), pages 1-27, July.
    16. Anamaria Bukvic, 2015. "Integrated framework for the Relocation Potential Assessment of Coastal Communities (RPACC): application to Hurricane Sandy-affected areas," Environment Systems and Decisions, Springer, vol. 35(2), pages 264-278, June.
    17. Yang, Yunfeng & Chen, Guohua & Reniers, Genserik, 2020. "Vulnerability assessment of atmospheric storage tanks to floods based on logistic regression," Reliability Engineering and System Safety, Elsevier, vol. 196(C).
    18. Necci, Amos & Argenti, Francesca & Landucci, Gabriele & Cozzani, Valerio, 2014. "Accident scenarios triggered by lightning strike on atmospheric storage tanks," Reliability Engineering and System Safety, Elsevier, vol. 127(C), pages 30-46.
    19. Misuri, Alessio & Landucci, Gabriele & Cozzani, Valerio, 2021. "Assessment of safety barrier performance in the mitigation of domino scenarios caused by Natech events," Reliability Engineering and System Safety, Elsevier, vol. 205(C).
    20. Ricci, Federica & Yang, Ming & Reniers, Genserik & Cozzani, Valerio, 2024. "Emergency response in cascading scenarios triggered by natural events," Reliability Engineering and System Safety, Elsevier, vol. 243(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:climat:v:121:y:2013:i:1:p:41-53. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.