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100 largest losses in the hydrocarbon industry

Marsh is pleased to present the 27th edition of the 100 largest losses in the hydrocarbon industry (100LL). This edition of our biennial publication summarises the 100 largest property damage losses from the hydrocarbon extraction, transport, and processing industry between 1974 and 2021.

The report includes details of the costliest incidents in the energy industry, and is an opportunity to revisit lessons from the past. It allows us to look back at the industry’s history, identify key issues and trends from large losses, and understand whether the industry is making progress on improving operations and risk management practices.

By reflecting and learning from the past, and continually reviewing and challenging our notions of best practice, we can build the resilience that the whole industry wants, and needs, to achieve.

The 100 largest losses interactive map

100 largest losses in the hydrocarbon industry - 2022

100 largest losses in the hydrocarbon industry

This edition also reflects on the past two years and provides insight to energy industry professionals on the range of losses that can occur, the diversity of potential root causes, the fallibility of prevention measures, and the scale of potential consequences.

Our people

Andrew George

Andrew George

Global Head of Energy & Power

  • United Kingdom

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Guy Bessis

Global Head Sales, Energy & Power, Marsh Specialty

  • United Arab Emirates

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Jack Wishart

Risk Engineer, Energy & Power, Marsh Specialty

  • United Arab Emirates

Marsh Specialty has more than 800 energy and power specialist advisors, risk engineers and brokers around the world. Connect with us to discuss effective risk management solutions for your business.