S&P upgrades Gazprom's raiting to BBB- and Gazprom Neft's rating to BB+
International rating agency Standard & Poor's said Friday it has upgraded its rating of Russian energy giant Gazprom to BBB- from BB+, RIA Novosti reports.
The agency also upgraded Gazprom subsidiary Gazprom Neft [RTS:SIBN] to BB+ from BB. The outlook on the ratings is stable.