WoodMac examines rising water risks for oil, gas industry

11/25/2013
The oil and gas industry increasingly will mitigate water-related business risks using technology and transparency in future years when world water supplies are forecast to become scarce, said a report from Wood Mackenzie Ltd. that used data and analysis from the World Resources Institute (WRI). WRI's Aqueduct Risk Atlas surveyed water risks among the world's top energy-producing regions. Researchers found the highest water risks to involve US shale gas plays, coal production, and coal-fired power in China, and crude oil in the Middle East. The WoodMac report on water risks and the global energy industry noted that individual oil and gas companies can mitigate specific water risks by unde...
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