Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam

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Firms including Woodside, Chevron, Shell and Exxon Mobil, told they could be downgraded within weeks

Oil and gas companies have been told they could be downgraded between one and two notches as S&P increases risk rating for the entire sector.Oil and gas companies have been told they could be downgraded between one and two notches as S&P increases risk rating for the entire sector.Last modified on Wed 27 Jan 2021 02.04 GMT

 

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I hate fossil fuels. And there's one blind spot with it: sadly, renewables are dependant on gas/oil/coal plants to be up: - ActOnClimate ClimateAction ClimateCrisis FightFor1Point5

So the moronic dinosaurs running Australia think we should subsidise gas and coal.

To save the world is much better than three companies.

I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. lisaMakT

Who's gonna pay the price for the shift to 'cleaner' energy?

and here in Canada the opposition is fighting for new oil pipelines

This is a huge headline for sustainability

I’m back with smile on my face again thanks to lisaMakT I don’t know what to say.... you’re the reason behind my successful trade life!! God bless you for your good works

nice

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