Moody’s points to the forecast weaker cashflow, especially for those companies with substantial upstream operations, chief among them China National Petroleum Corporation and China National Offshore Oil Corporation, as risk factors.
Earlier this week, Sinopec said it would shut down four fields at Shengli, China’s second-largest producing oilfield.
UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More
Oslo-listed Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with an undisclosed North Sea operator… Read More
A 720-MW Australian solar farm is pioneering a model of agrivoltaics with livestock integration by playing host to more than… Read More
Malaysia’s Sapura Energy has been awarded a five-year contract from Thailand’s PTTEP to conduct Pan Malaysia subsea services for Petronas… Read More
QatarEnergy has struck a USD 6-billion deal with the China State Shipbuilding Corporation (CSSC) to build 18 of the largest… Read More
This website uses cookies.