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<h1>Acquisition of foreign oil assets by Indian consortium expands overseas energy holdings and secures oil equivalent production and technology access.</h1> Approval is recorded for an Indian consortium of Oil India Limited, Indian Oil Corporation Limited and Bharat PetroResources Limited to acquire a 23.9 percent stake in JSC Vankorneft and a 29.9 percent stake in LLC Taas Yuryakh from Rosneft, described as a strategic addition to India's Exploration & Production portfolio to augment energy security by adding measurable oil equivalent production capacity and enabling technology collaboration with Rosneft and BP.