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Infrastructure & Utilities

The development of infrastructure in cities and regions across the world is critical to economic growth and social well-being. As such, securing the funding needed to support the global infrastructure sector—currently in the tens of trillions of dollars—is a key issue for governments and policymakers.

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U.S. Tariffs On Canada And Mexico Would Squeeze Some North American Refiners' Margins

The previously proposed tariffs on Canada and Mexico will go in effect beginning March 4. The U.S. proposed a 10% tariff on energy imports from Canada and a 25% tariff on all other Canadian goods as well as all imports from Mexico. If enacted, the announced tariffs could increase the cost for U.S. refining companies that process Canadian and Mexican crude slates. We believe this will also result in increased costs for U.S. refined products and squeeze refining margins.

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Credit Risk

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Industry Credit Outlook 2025: North America Competitive Power

S&P Global Ratings’ Industry Credit Outlook 2025 series sets out our industry experts’ assumptions and credit outlook for global industries.
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Industry Credit Outlook 2025: APAC Utilities

S&P Global Ratings’ Industry Credit Outlook 2025 series sets out our industry experts’ assumptions and credit outlook for global industries.
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Industry Credit Outlook 2025: EMEA Utilities

S&P Global Ratings’ Industry Credit Outlook 2025 series sets out our industry experts’ assumptions and credit outlook for global industries. For EMEA Utilities, energy transition investments are reducing rating headroom.

Decarbonizing Oil And Gas Production Faces Long-Term Hurdles After Short-Term Gains

Rated oil and gas producers should be able to deliver on short-term greenhouse gas reduction targets for their own operations, but achieving net zero requires technological advancements and supportive policy. This is the main finding of this research, which explores potential risks for oil and gas companies amid evolving emissions regulations. 

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Assess the impact of new initiatives on creditworthiness with a forward-looking, confidential assessment.
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Independent, transparent opinions on a company's financing or framework, grounded in our award-winning Shades of Green approach, which assess the extent of contribution to a sustainable future.
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Credit Estimates are a confidential indication, provided at the request of a third party of our likely credit rating on an unrated entity.

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