National Oil Companies need to prepare for continued price volatility, warns Marsh

Jim Pierce, Chairman of Marsh's Energy Practice. Broker to convene third National Oil Companies' Conference in Dubai MarshMarsh, the world's leading insurance broker and risk adviser, today warned that the National Oil Companies need to prepare for ongoing price volatility as the global economy emerges from recession. With their long planning cycles, NOCs face significant business risks from short to medium term oil price fluctuations. Commodity pricing will be just one of the many risk issues to be addressed at MarshMarsh's third National Oil Companies (NOC) conference, which is to be held on 22 - 24 February next year at the InterContinental Hotel in Dubai. The conference - 'NOCs into the future: the Challenges and Opportunities ahead' - will focus on the risks faced by NOCs as they make their key strategic and operational... [read full story]                    

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