S&P

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Russia's Gazprom ranks first in global power rating

Russia's Gazprom ranks first in global power rating

Russia's Gazprom snagged the number 1 spot in the 2017 S&P Global Platts Top 250 Global Energy Company Rankings, ending U.S. oil and gas giant ExxonMobil's 12-year reign at the top of the list  Germany's E.ON …

New US Sanctions on Russia to hit Europe

New US Sanctions on Russia to hit Europe

New US sanctions against Russia may increase uncertainty on European gas markets, international rating agency S&P Global Ratings said in a statement. S&P Global Ratings said it currently believes that if, as a result of new …

Turkish lira drops record amount

Turkish lira drops record amount

The national currency of Turkey fell a record amount against the backdrop of a failed coup attempt, mass dismissals in the army, courts and prosecutor's office. The lira dropped to 3.08 per the US dollar after the S&P rating …

S&P downgrades Georgian Oil and Gas Corporation outlook

S&P downgrades Georgian Oil and Gas Corporation outlook

The international rating agency Standard & Poor's (S&P) revised the outlook for the Georgian Oil and Gas Corporation to negative from stable. The 'B+ long-term corporate credit rating was affirmed by the agency. The outlook …

S&P downgrades major oil producing countries

S&P downgrades major oil producing countries

The international rating agency Standard & Poor's has downgraded the ratings of the major oil-producing states. S&P now assumes an average Brent oil price of $40 per barrel in 2016 and $50  per barrel in 2018. Earlier, in the …

Moody's becomes more pessimistic about Russian economy

Moody's becomes more pessimistic about Russian economy

Moody's Investors Service has revised down its GDP growth forecasts for the Russian economy. Previously, experts predicted  Russia's GDP will drop by 1%, now they expect the growth will fall by 2.5%. It was done …

S&P leaves rating of Russia unchanged

S&P leaves rating of Russia unchanged

The International rating Standard & Poor's agency has decided to remain the Russia's sovereign credit rating unchanged. As a result, it remained at the level of the BB + with preservation of a "negative" outlook, …