Since the Baker Panel report was published, the global oil and gas industry has been working to implement a recommendation to standardize on the definition of “process safety event”, begin collecting and disseminating data and provide transparency in reporting. The American Petroleum Institute’s (API) Recommended Practice 754, published in 2010, was the first step in this process and established consistent definitions for what constitutes a process safety event (using a four tier approach) for refining and petrochemical companies. The International Association of Oil and Gas Producers (OGP) adopted identical definitions in 2011, and further provided clarification and examples relevant to the upstream oil and gas industry. Despite this effort, and ongoing submission of data, industry reporting of process safety events has been slow. 2013 will see public reporting by both API and OGP, but with vastly different levels of transparency. This presentation will review those efforts.