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BHP Risks Credit Rating Downgrade on Oil Asset Sale

2021-08-24 11:10:00| OGI

The sale of BHPs oil business to Woodside Petroleum will reduce BHPs portfolio diversity and will raise its dependency on a single asset, says S&P Global.

Tags: rating sale credit oil

 

US urged to "downgrade" Thailand for garment labour violations

2020-03-12 13:18:00| Daily apparel & textile news and comment - from just-style.com

Labour rights groups are calling on the US State Department to downgrade Thailand in its annual report on human trafficking, citing the country's failure to protect garment and fishing workers.

Tags: thailand labour violations urged

 
 

Mexico, Pemex Face Downgrade Risk In 2020

2020-01-03 21:00:00| OGI

The fates of Mexico and Pemex are intertwined: a Mexico downgrade would almost certainly trigger one for Pemex.

Tags: face mexico risk downgrade

 

Mexico's Pemex Spills More Red Ink As Threat Of Downgrade Looms

2019-07-26 21:51:22| OGI

Mexico's state oil company Pemex posted another quarter of major losses on July 26, weighed down by falling output and lower crude prices, as the heavily indebted firm faces the prospect of a fresh downgrade from credit agencies critical of its direction.

Tags: red threat ink spills

 

Mexico's Lopez Obrador Bashes Ratings Downgrade Of Pemex Debt To 'Junk'

2019-06-07 15:55:54| OGI

Mexican President Andres Manuel Lopez Obrador on Friday criticized the moves by credit rating agency Fitch to downgrade the debt of Mexican oil company Pemex to "junk" status and also downgrade Mexico's sovereign debt.

Tags: ratings debt lopez junk

 

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