Mexico's new oil refinery likely to far exceed budget - Moody's  ReutersThe new refinery that the Mexican government has tasked state oil company Pemex to build will likely cost $2 billion to $4 billion more that what the government ... Read more …

Mexican state oil company Pemex swings to loss in first quarter  ReutersPetroleos Mexicanos swung to a 35.7 billion peso ($1.84 billion) net loss during the first quarter as revenues and crude output at the heavily-indebted Mexican ... Read more …

Oman LNG settles $2 bln loan facilities before maturity  Reuters AfricaOman Liquefied Natural Gas has settled all its facilities with creditors, which total $2 billion, ahead of schedule, it said in a tweet. Read more https://af.reuters.com/artic …

ReutersOil majors face downgrades if crude prices don't pick up: S&PReutersLONDON (Reuters) - Big oil firms would face increased credit rating downgrade pressures if crude prices stayed below $50 a barrel on average until the end of 2018 and they d …

Nigeria GDP could expand 2.5 pct next year if oil output rises - Moody'sReutersLAGOS Nov 21 Nigeria's economy can expand by 2.5 percent next year, rebounding from a recession entered in the second quarter, as long it can keep oil output at 2.2 mill …

ReutersCheap oil smudges Exxon's long-held sterling credit ratingReutersExxon Mobil Corp lost its top-tier credit rating from Standard & Poor's on Tuesday - the first time in almost 70 years, as an oil price rout makes it tougher for the larges …