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Article: Climate change 'could impact oil business'.
- Article from:
- TradeArabia (Manama, Bahrain)
- Article date:
- November 5, 2009
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Byline: New York
Over three quarters of the world's oil and gas companies surveyed believe inevitable climate change could impact their business: increasing downtime, system failures and safety; but only 19 per cent are taking action, says a new Acclimatise report backed by IBM.
'The Oil and Gas industry is an important contributor to our society and economy, so if anything impacts the industry it could well impact people at home, at work, on the move, or even their personal finances' said Allan Roberts, IBM's industrial strategy and change leader, IBM Global Business Services, UK and Ireland.
'While oil and gas companies are typically well run ...