Integrated Oil & Gas

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S&P adjusts ratings on Novatek OAO as criteria change-Interfax

Wednesday, 1 Oct 2014 04:35am EDT

Novatek OAO:Ratings agency Standard & Poof's has revised its national scale ratings on a number of Russian banks and insurance companies, as the agency changed its own national scale criteria for evaluating companies-Interfax.These rating actions do not reflect any other change in the fundamental credit quality of the issuers or issues, he ratings agency said in a press release.The global scale ratings on these issuers and issues are not affected by those rating actions.Standard & Poof's raised the national rating of GMK Noril'skiy nikel' OAO and Novatek OAO to ruAAA from ruAA+.

Gazprom neft' OAO raises 30 billion Russian ruble loan from Russian Agricultural Bank-Interfax

Tuesday, 30 Sep 2014 08:48am EDT

Gazprom neft' OAO:Agrees on opening a non-revolving unsecured line of credit for 30 billion Russian rubles with Russian Agricultural Bank-Interfax.The loan, which matures in five years, will be available for the period of two years.The money will go towards general corporate purposes, including the oil company's 2015 investment program.

Total sells 10 pct stake in TAP to Fluxys and Enagas

Tuesday, 30 Sep 2014 02:32am EDT

Fluxys Belgium NV:Says it has acquired, together with Enagas, stakes of Total (10 pct) and E.ON (9 pct) in Trans Adriatic Pipeline (TAP).Says it increases its stake from 16 to 19 pct.Says Enagas becomes new 16 pct partner in TAP.


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