Fitch Ratings has affirmed Abu Dhabi National Oil Company's (ADNOC) Long-Term Issuer Default Rating (IDR) at 'AA' with a Stable Outlook.

Fitch Ratings has assigned Innergex Renewable Energy Inc. a first-time Issuer Default Rating (IDR) of 'BBB-' with a Stable Rating Outlook.

Low oil prices and the COVID-19 pandemic are taking a toll on Saudi Arabia's economy and budget

Australian economy supports a return to positive growth next year

«Мы приветствуем решение рейтингового агентства Fitch Ratings повысить долгосрочный кредитный рейтинг России на следующую ступень «инвестиционного» уровня «ВВВ» со стабильным прогнозом. Фактически, агентство вернулось к своей же оценке уровня кредитного риска страны 2014 года, до понижения рейтинга на фоне вводимых в отношении России внешних ограничений.

ENA - The Abu Dhabi National Oil Company, ADNOC, announced that Fitch Ratings, Fitch, has assigned ADNOC Group a standalone credit rating of AA+. The rating, according to Fitch, highlights the company’s high upstream output and significant reserves, strong profitability, commercially-focused business model, downstream integration and conservative financial profile. The rating, Fitch said, sits at the upper boundary of the agency’s rating spectrum for all oil and gas companies.

REUTERS - Global ratings agency Moody’s Investor Service raised Russia’s rating to investment grade on Friday, saying the policies enacted in recent years will strengthen the country’s already robust public finances.

MOODY'S - Moody's Investors Service ("Moody's") has today changed the outlook on Russia's Ba1 long-term issuer and senior unsecured debt ratings to positive from stable. Concurrently, Moody's affirmed Russia's long-term ratings at Ba1 and its short term rating at Not Prime (NP).

Fitch Ratings anticipates most investment-grade and 'BB' category U.S. E&P companies will see minimal ratings changes in a steady $45 per barrel environment as the realization of further production efficiency gains and lower costs per barrel of oil equivalent (boe) should contribute to resilient margins and cash flow.