...Aggressive investment plans, large debt issuances, persistently high oil prices, and energy price and state-owned enterprise (SOE) reforms resulted in an increased interest from investors in the emerging markets (EM) oil and gas sector. Fitch Ratings is publishing this investors' questions (I.Q.) special report covering the major players in EM to add more insight to the credit quality, ongoing issues and their rating implications, and rating triggers of these issuers. The report comments range from the effect of sanctions on Russian oil and gas companies, Petroleo Brasileiro S.A.'s (Petrobras) expected leverage levels and rating triggers, and state linkages and mergers and acquisitions in Asia. The report also covers the credit implications of energy reforms in Mexico as well as in some Asian markets. Are Russian gas import sanctions likely? Will the gas deal with China benefit Russian export diversification? What are the liquidity implications for Russian oil and gas companies following...
