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S&P expects Petronas to remain resilient

But the ratings agency says Asia-Pac oil-and-gas players may be downgraded if oil prices continue to languish
Tuesday, January 27, 2015 - 05:50

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Oil players with a greater weighting on gas, and national oil companies such as Petronas (or Petroliam National Bhd) ought to prove fairly resilient

Kuala Lumpur

STANDARD & Poor's (S&P) has warned of downgrades to the ratings of Asia-Pacific oil and gas players such as Malaysia's Petronas, should oil prices take a longer-than-expected time to recover and the companies fail to react to the changing environment.

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