Skip to main content

Report

100 largest losses in the hydrocarbon industry 1974 - 2025

Marsh is pleased to present the 29th edition of the 100 largest losses in the Hydrocarbon Industry report.

100 Largest losses in the hydrocarbon industry 1974-2025 is your essential resource for exploring the most significant events in the energy industry and drawing valuable insights and lessons from them.

This report provides an analysis of the key issues and emerging trends associated with these large losses, offering lessons to help you enhance operational practices and risk management strategies

Use this report to:

  • Identify operational risk: Understand how workforce shortages, deferred maintenance, and management gaps continue to drive major losses—and learn practical steps to mitigate these risks.
  • Navigate emerging challenges: Explore how climate change, ageing infrastructure, and the energy transition are creating new risks, and discover strategies to adapt and protect your assets.
  • Strengthen leadership and safety culture: Learn why committed leadership and fostering a proactive, safety-focused culture are critical to preventing repeat incidents and driving continuous improvement.

Prepare your organisation by embracing these findings and recommendations to reduce loss frequency and severity, improve operational discipline, and support a sustainable energy future.

100 largest losses in the hydrocarbon industry 1974 - 2025

Marsh is pleased to present the 29th edition of the 100 largest losses in the Hydrocarbon Industry report.

This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. Any modelling, analytics, or projections are subject to inherent uncertainty, and any analysis could be materially affected if any underlying assumptions, conditions, information, or factors are inaccurate or incomplete or should change. 

Page Compliance ID