1、28th edition100 largest losses in the hydrocarbon industry 1974-2023100 largest losses in the hydrocarbon industry2 2Contents01Foreword0302Introduction 0403Reflecting on the last two years0504Missed opportunities:The consequences of ignoring risk recommendations1305From climate risk,to climate resil
2、ience and adaptation1806When business as usual is interrupted2307Managing risks in energy construction2608100 largest losses graphical data2909Details of the 100 largest losses by sector3310Risk engineering position papers 8111Contacts86100 largest losses in the hydrocarbon industry31ForewordAcciden
3、ts in the hydrocarbon industry have devastating consequences.When they occur,people can be seriously or fatally injured,property destroyed,communities significantly disrupted,and the environment severely damaged.This fact is heartbreakingly apparent when examining the US Chemical Safety and Hazard I
4、nvestigation Boards(CSB)accident investigations that appear in Marshs 100 Largest Losses in the Hydrocarbon Industry report.The CSBs mission is to drive chemical safety excellence through independent investigations to protect communities,workers,and the environment.The CSB investigates chemical acci
5、dents,shares lessons learned,and advocates for safety improvements.In the CSBs 25-year history,the agency has deployed to over 170 chemical incidents and issued nearly 1,000 recommendations that have led to numerous safety improvements across a wide range of industries.Moreover,in just the three yea
6、rs since the CSBs Accidental Release Reporting Rule came into effect in the US in March 2020,the CSB has received reports of 341 chemical incidents involving fatalities at 46 facilities,serious injuries at 185 facilities,and substantial property damage(defined as US$1 million or more)at 160 faciliti