S&P rating agency confirmed Chevron's long-term rating at AA, and short-term rating at A-1+. The outlook for both ratings is negative. The rating action followed the announcement of the purchase of Noble Energy for $5 bln, which will increase Chevron's debt by about $8.7 bln.
S&P rating agency confirmed Chevron's long-term rating at AA, and short-term rating at A-1+. The outlook for both ratings is negative. The rating action followed the announcement of the purchase of Noble Energy for $5 bln, which will increase Chevron's debt by about $8.7 bln. 
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