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Outlooks are mostly stable on sovereign ratings in the Middle East North Africa Region (MENA), but renewed weakness in oil prices and regional and domestic political...
Elevated tensions between the US and Iran have raised the prospect of disruptions to oil and gas shipments in the Gulf region...
Asia-Pacific (APAC) corporates in the basic materials and oil & gas (O&G) sectors would be most vulnerable in the case of a severe China slowdown scenario, followed by homebuilding, industrials...
OPEC+ is likely to mitigate the decline in Iran's production due to US waivers ending, Fitch Ratings says. This will not necessarily mean an increase in the alliance's overall production and could be...
Major oil companies' investments in renewables businesses are likely to provide a useful hedge to secure positions in the fledgling alternative energy industry, rather than be a radical step to transition away from...
The OPEC-plus production cut agreement has improved the near-term outlook for oil prices, but US shale growth and responsiveness should result in a production surplus this year. We think that this is likely to take prices back below USD60/bbl, and that shale's ability to meet a significant portion of global demand...
Venezuela's financial and political problems should not affect the credit ratings of any European oil and gas companies operating in the country, Fitch Ratings says. Repsol, Eni, Total and Shell all have exposure to Venezuela, mainly via joint ventures. Cash flows...
Lower global production costs, considerable U.S. shale growth potential and shale's ability to quickly respond to changing market conditions should keep average annual oil prices below USD60 a barrel...
Hurricane Harvey's impact on Texas Gulf Coast refinery operations near the eye of the storm is likely to be large and potentially long lasting...
Saudi Arabia and a number of its allies, including UAE, have banned all land, sea and air transport between themselves and Qatar, although so far gas supply has continued via the Dolphin pipeline...
