Standard & Poor's: Assigns 'BB' long-term issue rating to China Oil & Gas (00603.HK) proposed issuance of USD notes.

On January 19, S&P awarded China Oil and Gas Group Limited (referred to as "COG" 00603.HK) a long-term issue rating of "BB" for its proposed issuance of senior unsecured notes denominated in US dollars. The above rating is subject to S&P's review of the final terms and conditions.