31% of oil and gas firms lack ETRM solutions
Nearly one third of all oil and gas companies are more susceptible to systemic risk, as a report reveals 31% of these firms lack an energy trading and risk management (ETRM) solution for their operations
Around 31% of oil and gas companies do not have an adequate energy trading risk management (ETRM) system, creating heightened risk exposure and limiting a firm's ability to manage crude oil gathering and refined product operations, according to research by consultants IDC Energy Insights published in a report entitled Technology Assessment: ETRM in a Post-Recession Environment.
"Oil and gas companies are dependent on ETRM applications to get a complete view of their portfolios, which supports
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