In recent years,security incidents happened occasionally in petroleum corporations,which have caused concern
from all sectors of society. How to ensure production safety in oil enterprises is an important problem worth probing into. This
paper expounds the significance of safety management in petroleum corporations. The authors hold that safety management is
applying the methods of management by objective in production safety management. The application of system theory,control
theory and incentive theory guarantee that safety managencent is carried out in a scientific and effective manner. By applying
objective safety management,oil enterprises can enhance the economic benefit,improve safety management,and strengthen
staff awareness of production safety. Petroleum corporations should establish safety objective network,carry out safety management
by objective,and check the operation of safety management. To achieve the safety objective and hence the healthy and
sustainable development,oil enterprises must enhance the organizational leadership,strengthen safety training,and improve
the safety management system.