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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

Published Mon, Jan 26, 2015 · 09:50 PM

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.

The financial flexibility of some players has already bee…

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