Oil majors to be ‘more aggressive’ in electric car market race, report claims
Oil and gas majors are likely to be "more aggressive" in the race to win the battle for electric vehicle (EV) market supremacy, according to a new report.
Standard and Poors
Opinion: US power responding to shifting market dynamics
Aneesh Prabhu, S&P global ratings’ director, considers how shifting market dynamics are affecting hedging strategies and management.
S&P says LNG market fighting to stay afloat in sea of supply
Ratings agency Standard & Poor's says it does not expect any material improvement in conditions or spot prices in the liquefied natural gas market in coming years.
S&P cuts oil companies’ credit ratings
Standard & Poor's cut its corporate credit ratings on BP, Total and Statoil, citing the Europe-based oil and gas companies' persistent weak debt coverage measures over 2015-2017.
Noble Group’s credit rating junked by Standard & Poors
Asian commodities trader Noble Group’s credit-rating has been reduced to junk by Standard & Poor’s and placed on watch for further cuts.
Petrobas spending plan already obsolete – new cuts likely
Brazil's state-run oil company Petrobras, which slashed its five-year spending plan by 40% in June, will likely cut back further as growing debt costs, falling oil prices and a weak currency have already made the plan obsolete, two company sources have revealed.