London, 21 March 2016 -- On 16 March, OJSC Oil Company Rosneft (Rosneft, Ba1 on review for downgrade) announced a number of deals at different stages with ONGC Videsh Limited (ONGC, Baa2 stable), and a consortium of Indian oil companies, including Indian Oil Corporation Ltd (IOCL, Baa3 positive), Oil India Limited (OIL, Baa2 stable), and Bharat PetroResources Limited (BPRL, not rated), about farming out of some of Rosneft's assets as well as with Essar Group (not rated) about acquiring Indian refinery, said Moody's Investor Service.
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