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The World s Biggest Oil Firms Face Rating Downgrades – Investment Watch

The World s Biggest Oil Firms Face Rating Downgrades – Investment Watch
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Tsvetana paraskovaCanadian natural resourcesChina petroleum chemical corpSuncor energyChina petroleumகனடியன் இயற்கை வளங்கள்சீனா பெட்ரோலியம் இரசாயன கார்ப்சூரிய ஒளி ஆற்றல்சீனா பெட்ரோலியம்

Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam

Firms including Woodside, Chevron, Shell and Exxon Mobil, told they could be downgraded within weeks

United statesUnited kingdomUnited kingdom generalLarry finkChina petrochemical corpImperial oilCanadian natural resourcesChina petroleum chemical corpRoyal dutch shellChina national offshore oil corpShell energy north americaAustralia woodside petroleumWoodside petroleumChina petroleumChemical corpஒன்றுபட்டது மாநிலங்களில்

Refining capacity to increase--China Economic Net

Shandong province leads the charge as utilization rates drop globally on COVID China s fuel refining capacity continues to rise, with the average utilization rate of China s independent refineries in Shandong province standing at around 70.4 percent in 2020, up by about 6 percentage points from 64.2 percent in 2019, despite the sluggish global refinery demand due to the COVID-19 pandemic, according to S&P Global Platts, an energy industry news and data provider. The rise in capacity is attributed to low crude oil prices, which led to refiners keeping their throughput high, and the strong economic activity rebound in China, thanks to effective domestic control of the pandemic.

Han bingChemical industry federationZhejiang petroleum chemicalBloomberg new energyChina petroleumChina north industries group corp ltdChina petroleum chemical corpMinistry of commerceChemical corpZhejiang petroleumPang guanglianChemical industryNew energy financeஹான் பிங்இரசாயன தொழில் கூட்டமைப்புஜெஜியாங் பெட்ரோலியம் இரசாயன

Refining capacity to increase

Refining capacity to increase Share CLOSE Workers carry out tasks relating to construction of a refinery project at a petrochemical industry base in Lianyungang, Jiangsu province. [Photo by Wang Jianmin/For China Daily] Shandong province leads the charge as utilization rates drop globally on COVID China s fuel refining capacity continues to rise, with the average utilization rate of China s independent refineries in Shandong province standing at around 70.4 percent in 2020, up by about 6 percentage points from 64.2 percent in 2019, despite the sluggish global refinery demand due to the COVID-19 pandemic, according to S&P Global Platts, an energy industry news and data provider.

Han bingChemical industry federationZhejiang petroleum chemicalBloomberg new energyChina petroleumChina north industries group corp ltdChina petroleum chemical corpMinistry of commerceChemical corpZhejiang petroleumPang guanglianChemical industryNew energy financeஹான் பிங்இரசாயன தொழில் கூட்டமைப்புஜெஜியாங் பெட்ரோலியம் இரசாயன

S&P Global Ratings Takes Multiple Rating Actions On Major Oil And Gas Companies To Factor In Greater Industry Risks

S&P Global Ratings Takes Multiple Rating Actions On Major Oil And Gas Companies To Factor In Greater Industry Risks - S&P Global Ratings believes the energy transition, price volatility, and weaker profitability are increasing risks for oil and gas producers. - To factor this into our ratings, on Jan. 25, 2021, we revised our industry risk assessment to moderately high risk from intermediate risk. - We have placed our ratings on nine companies and their subsidiaries on CreditWatch with negative implications, as we review the consequences of higher business risks for these ratings. - We are revising the outlooks on two ratings to negative.

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