The report, written in collaboration with IRM, analyses the impacts to all members of the energy value chain across three diverse risk scenarios. These scenarios – a geopolitical conflict in the Middle East, a major hurricane in the Gulf of Mexico, and an aggressive class action suit against energy producers – distil shocks from major thematic challenges currently facing the sector, chiefly climate change and geopolitical tension. These scenarios are diverse enough to capture a huge amount of insight into the risks facing the sector.