According to The 100 Largest Losses 1974-2013: Large property damage losses in the Hydrocarbon Industry 23rd edition report released by insurance company, Marsh, the industry has suffered at the hands of upstream and refining operations.

The petrochemicals sector has come in behind upstream and refining, representing a slightly smaller piece of the pie.

Gas processing and distribution took a much smaller quantity, reflecting the lower capital value of the sectors, according to the report.

Each