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Marsh, 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 Marsh'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 plans. Marsh's last NOC conference in 2008 attracted over 500 senior level attendees from NOCs in all parts of the world. Jim... [read full story]
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