S&P

U.S. oil majors downgraded by S&P

U.S. oil majors downgraded by S&P

Exxon Mobil Corp., Chevron Corp. and ConocoPhillips had their credit ratings lowered after S&P Global Ratings followed through on its recent warning and revised the industry’s risk profile due to climate change and weak earnings. …

S&P approves Azerbaijan’s ratings at BB+/B level

S&P approves Azerbaijan’s ratings at BB+/B level

The S&P Global Ratings international rating agency affirmed at BB+/B level the long-term and short-term sovereign credit ratings of Azerbaijan’s in local and foreign currencies, while the outlook for the rating was maintained as …

Saudi Arabia to restart price war with Russia?

Saudi Arabia to restart price war with Russia?

The price war between Saudi Arabia and Russia on the global oil market may start again when prices return to the level of $50-55 a barrel, Department Director of S&P Global Ratings in Russia Alexander Gryaznov said. "Some kind …

S&P forecasts 2.4% drop in global GDP 

S&P forecasts 2.4% drop in global GDP 

Credit rating agency S&P Global slashed its global forecasts, predicting coronavirus lockdowns would now see the world economy contract 2.4% this year and cause the United States and euro zone to slump 5.2% and 7.3% respectively. …

S&P affirms Russia’s rating at BBB-

S&P affirms Russia’s rating at BBB-

International rating agency S&P Global Ratings has affirmed Russia’s rating at the investment level of BBB- with a Stable outlook, the agency said. The agency noted that the credit rating on liabilities in the local currency …

S&P affirms Russia's sovereign rating  

S&P affirms Russia's sovereign rating  

The Standard & Poor's Global Ratings has left Russia's long-term foreign currency rating at “BBB-”, that is, at the bottom of the investment level. The relevant information was published in the agency’s …

S&P upgrades Georgia to 'BB'

S&P upgrades Georgia to 'BB'

Standard & Poor's (S&P) Global Ratings has raised its long-term foreign and local currency sovereign credit ratings on the Government of Georgia to 'BB' from ‘BB-’. It also affirmed the short-term ratings at …

S&P assesses impact of new U.S. sanctions on Russia rating

S&P assesses impact of new U.S. sanctions on Russia rating

New U.S. sanctions on Russian U.S. dollar-denominated sovereign debt will have no immediate impact on Russia’s investment grade credit rating, agency S&P Global said. "The stable outlook on our sovereign ratings on …

"Oil price to sink to $60"

"Oil price to sink to $60"

S&P Global Ratings revised its oil prices forecast for the coming years, director of corporate ratings for S&P Global Ratings Alexander Gryaznov said. "We revised our short-term forecast, and …

S&P and Fitch affirm Azerbaijan's ratings

S&P and Fitch affirm Azerbaijan's ratings

S&P Global Ratings affirmed the long- and short-term foreign and local currency sovereign credit ratings on Azerbaijan at 'BB+/B'. The outlook on the long-term ratings is stable. "Our ratings on Azerbaijan are still …

Increase in revenues promised to Russians

Increase in revenues promised to Russians

The S&P international rating agency forecasts a gradual increase in real incomes of Russians, the agency said in a report. "The level of real disposable income and customer confidence may gradually increase in the long …

 S&P upgrades ratings of major Russian companies

S&P upgrades ratings of major Russian companies

International rating agency S&P raised the credit ratings of several major Russian companies, including Gazprom, Transneft, Rushydro, and Russian Railways, following the increase in the Russian sovereign rating, according to a press release …

S&P and Fitch raise Russia's rating

S&P and Fitch raise Russia's rating

S&P Global Ratings has raised its credit ratings for Russia to 'BBB-' from 'BB+' with a stable outlook, the company said in a statement. "Demonstrated commitment to conservative macroeconomic policies will …

S&P raises Azerbaijan's sovereign debt rating

S&P raises Azerbaijan's sovereign debt rating

Standard & Poor’s Global Ratings agency has forecast Azerbaijan’s GDP growth to average 3.3% over the next four years, the S&P said in a report.  On January 26, the S&P revised its outlook on the long-term …