AUSTRALIA

S&P cuts haunt energy stocks

STANDARD & Poor's has slashed its oil price forecasts for the second time this month – fuelling more concern for Gladstone LNG project operator Santos.

S&P cuts haunt energy stocks

A badly-timed S&P credit rating downgrade for Santos hurt the Australian oil and gas giant's shares last month - although Santos lined up a $1 billion bilateral bank facility with ANZ after Macquarie Wealth...

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