Abstract

The petroleum industry holds long- and short-term environmental risks. Besides production fluids, all petroleum industry activities involve either use of fluids, which contain abundant substances, or waste generation, both associated with potential risk to the environment. The principal environmental risk associated with the petroleum industry is the risk of fluid spill/emission to the environment. Although in recent decades the risk analysis methodologies have matured, to date there is still no universally accepted methodology for environmental risk assessment in petroleum industry. In this chapter, the petroleum industry’s environmental incident history and statistics are presented. The environmental impact of the petroleum industry’s activities, its extent, and trends are analyzed. The overview of pollution sources with associated environmental risk is given along with the analysis of the causes and consequences of incidents in the petroleum industry.

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