MONTERREY, MEXICO (By Energy Analytics Institute and Editores LatinPetroleum, 28.Oct.2026, Words: 425) — Company briefs spanning details on the Sovereign Wealth Fund Institute (SWFI), GoldMining, Hot Chili Limited, Agnico Eagle Mines […]
Tag: Fitch
Fitch affirms ECOPETROL’s foreign and local currency IDRs at ‘BB’
NEW YORK, NEW YORK / BOGOTA, COLOMBIA (By Fitch Ratings, 20.Oct.2026, Words: 1554) — Fitch Ratings has affirmed ECOPETROL S.A.‘s Long-Term Foreign Currency and Local Currency Issuer Default Rating at ‘BB’ […]
ECOPETROL announces convening of bondholders’ meetings for 18 Aug. 2026
BOGOTÁ, COLOMBIA (By ECOPETROL, 7.Aug.2026, Words: 603) — ECOPETROL S.A. announces that, in connection with the merger by absorption between ECOPETROL, as the surviving company, and Parque Solar Portón del […]
Fitch comments on USMCA, uncertainties among business investors
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 8.Jul.2026, Words: 122) — Fitch Ratings warned a prolonged period of annual reviews of the United States-Mexico-Canada Agreement (USMCA) could exacerbate […]
Pemex boasts $11.3bn purchasing agreement, $9.9bn bond buyback during 3Q:25
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 27.Oct.2025, Words: 560) — Petróleos Mexicanos (Pemex) said its operations remained stable throughout its main business lines during the third-quarter 2025 […]
Pemex says 2 transactions reduce foreign currency obligations
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 17.Sep.2025, Words: 588) — Petróleos Mexicanos (Pemex) announced 2 transactions that will equivalently reduce its previously contracted foreign currency obligations, aiming […]
Fitch places Pemex on rating watch positive following tender offer announcement
NEW YORK, NEW YORK (By Fitch, 9.Sep.2025, Words: 1,225) — Fitch Ratings has placed Petroleos Mexicanos’ (PEMEX) ‘BB’ Long-Term Local and Foreign Currency Issuer Default Ratings (IDRs) on Rating Watch […]
EAI brief: Fitch raises Pemex’ rating B+ to BB with a stable outlook
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 4.Aug.2025, Words: 188) — Last Friday, Fitch Ratings raised Petróleos Mexicanos or Pemex’ rating from B+ to BB with a stable […]
EAI Brief: Fitch says Mexico could have higher rating if not for Pemex
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 24.Jun.2025, Words: 325) — Mexico could have a higher rating if it did not have Petróleos Mexicanos (Pemex) as part of […]
Fitch Rating reaffirms Petrobras’ credit rating, with a stable rating outlook
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 3.Apr.2025) — Fitch Ratings affirmed Petrobras‘ long-term local and foreign currency issuer default ratings (IDRs) and outstanding debt ratings at ‘BB’, with […]
Fitch Affirms Pemex’ IDRs at ‘B+’; Outlook Stable
(Fitch, 16.Dec.2024) — Fitch Ratings has affirmed Petroleos Mexicanos’ (Pemex) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘B+’ with a stable outlook. Additionally, Fitch has affirmed the […]
Fitch Maintains Ecopetrol’s Overall Credit Rating at BB+
(Energy Analytics Institute, 8.Nov.2024) — Fitch Ratings on 6 Nov. 2024 revealed that its was maintaining its global credit rating for Ecopetrol at BB+ with a stable outlook. However, Fitch, in a report on […]
GeoPark Argentina Approved to Issue up to $500mn in Debt
(Energy Analytics Institute, 22.Oct.2024) — GeoPark Limited’s wholly owned subsidiary GeoPark Argentina S.A. received approval from the Argentinian securities regulator (Comisión Nacional de Valores or “CNV” by its Spanish acronym) […]
Fitch Rates Crescent Energy’s $250mn Add-On Issue
(Fitch, 4.Sep.2024) — Fitch Ratings rates the $250mn add-on issue to Crescent Energy Finance LLC’s existing $750mn 7.375% 2033 notes, in line with Crescent’s existing senior unsecured debt BB- ratings. […]
Fitch Sees Pickup in Permian Transactions
(Energy Analytics Institute, 30.Aug.2024) — ”Fitch believes Permian transactions could pick up again if large producers choose to shed non-core assets, following recent consolidation, to meet debt reduction targets or […]
Fitch Downgrades NFE’s IDR to ‘B+’
(Fitch, 12.Aug.2024) — Fitch Ratings has downgraded New Fortress Energy Inc.’s (NFE) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘BB-‘ and has placed it on Rating Watch Negative. The […]
Fitch Maintains Ecopetrol’s Rating at BB+
(Ecopetrol, 30.Jul.2024) — Ecopetrol S.A. said the credit rating agency Fitch Ratings maintained the company’s credit rating at BB+ with a stable outlook. Additionally, the agency reaffirmed the company’s national long- […]
Fitch Upgrades Saudi Arabia to ‘A+’; Outlook Stable
(Fitch Ratings, 5.Apr.2023) — Fitch Ratings upgraded Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘A+’ from ‘A’. The Outlook is Stable. A full list of rating actions is […]
Petrobras on Rating Confirmation by Fitch
(Petrobras, 31.Jan.2023) — Petrobras informs that the rating agency Fitch reaffirmed its rating at “BB-“, with stable outlook, following Brazil’s rating. The stand-alone rating was also reaffirmed at “bbb”, four […]
NRGBriefs: Fitch Upgrades Petrobras’ Credit Rating; Vista’s Earnings
(Energy Analytics Institute, 9.Jul.2022) — Energy briefs including Fitch upgrading Petrobras’ credit rating; and Vista Energy, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) planning to release its consolidated financial statements […]
Fiscal Effects Of Covid-19, Oil Could Last Years In Colombia
(Reuters, 23.Jun.2020) — The fiscal fallout of the coronavirus pandemic and low oil prices could affect Colombia for several years, Richard Francis, director of sovereign ratings at ratings agency Fitch, […]
CENIT’s Transport Tariffs Neutral For Ocensa
(Fitch Ratings, 1.Jun.2020) — Fitch Ratings views the agreement reached between crude oil transportation companies and producers in Colombia as credit neutral for Oleoducto Central S.A (Ocensa) (BBB-/Negative) and A.I. […]
Fitch Affirms Raizen’s IDRs At ‘BBB’; Outlook Negative
(Fitch Ratings, 28.May.2020) — Fitch Ratings has affirmed Raizen Combustiveis S.A.’s and Raizen Energia S.A.’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB’ and National Long-Term Ratings […]
Fitch Downgrades Mexico To ‘BBB-‘; Outlook Stable
(Fitch Ratings, 15.Apr.2020) — Fitch Ratings has downgraded Mexico’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BBB’. The Rating Outlook is Stable. KEY RATING DRIVERS The economic […]
A Double Whammy: Fitch Downgrades Mexico And Moody’s Lowers Outlook
(Reuters, 5.Jun.2019) — In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks posed by heavily indebted oil company Pemex […]
President-elect Lopez Obrador Slams Pemex For Crude Import Plan
(Reuters, 23.Oct.2018) — Mexico’s president-elect Andres Manuel Lopez Obrador on Tuesday criticized state-run Pemex’s plan to import U.S. light crude from refiner Phillips 66, calling it a sign of the […]
Mexico’s Peso Falls To Lowest Level In 5 Weeks On Pemex Outlook
(Reuters, 19.Oct.2018) — Mexico’s peso currency reversed gains on Friday to fall 1 percent, hitting its lowest level in five weeks after a report by ratings agency Fitch on national […]
Mexico’s Struggling Pemex Awaits New President’s Risky Fix
(Bloomberg, Amy Stillman, 14.Aug.2018) – By most financial measures, Mexico’s state oil company is seriously unwell. The country’s new leader is promising to revive it. But the treatment could end […]
Frontera Prices $350 Mln Notes at 9.7%
(Energy Analytics Institute, Piero Stewart 22.Jun.2018) – Canada’s Frontera Energy Corporation successfully priced an offering of $350 million. The offering was comprised of senior unsecured notes due 2023 at a […]
Fitch Rates Reopening of Ecopetrol Notes
(Fitch Ratings, 8.Jun.2018) – Fitch Ratings rates the $500 million reopening of Ecopetrol S.A.’s 5.875% notes due in 2023 ‘BBB’. The company expects to use the proceeds from the proposed […]
Finance Ministry, Pemex Meet With Investors
(Pemex, 19.Apr.2016) – The Minister of Finance and Public Credit, Luis Videgaray, and the Pemex CEO José Antonio González Anaya, met in New York with investors, analysts, and executives of […]
Fitch Affirms Corpoelec IDRs
(Fitch, 13.Aug.2015) – Fitch Ratings has affirmed Corporacion Electrica Nacional S.A.’s (CORPOELEC) local and foreign currency Issuer Default Ratings (IDRs) at ‘CCC’. ***
Q&A with Fitch’s Lucas Aristizabal
(Energy Analytics Institute, Pietro D. Pitts, 19.Jul.2013) – Fitch’s Latin America Corporates Group Director Lucas Aristizabal spoke with Energy Analytics Institute in a brief interview from New York City, New […]