India clears ships for Nayara's domestic fuel supply; dollar trade restrictions persistIndian authorities have permitted EU-sanctioned Nayara Energy to utilize foreign ships for domestic fuel transport. However, overseas trade...
SOCAR Turkey executive appointed new CEO of Nayara EnergyNayara Energy, backed by Rosneft, has appointed Teymur Abasguliyev as its new CEO, replacing Alessandro Des Dorides, who resigned due to EU...
After CEO, three more directors, HSE head quit Rosneft-backed Nayara EnergySeveral top executives have left Nayara Energy. This includes directors and senior personnel. The resignations follow EU sanctions on the R...
EU-sanctioned Indian refiner Nayara takes Microsoft to court over outageNayara Energy, an Indian refiner backed by Russia, has initiated legal action against Microsoft after the U.S. software company abruptly su...
CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions, sources sayRussia-backed Indian refiner Nayara Energy has named a new chief executive after its previous CEO resigned following European Union sanctio...
Nayara Energy to expand retail network by adding a fuel station per dayNayara Energy plans to add 400 petrol pumps this year, expanding its network of 6,500+ outlets across India. The firm aims to grow its reta...
Nayara Energy sees 14 pc rise in domestic fuel sales, exports dropNayara Energy, India's largest private fuel retailer, reported a 14.3% increase in fuel sales for Q2 2024 while exports declined due to ris...
NTPC Green Energy, Nayara Energy ink pact to explore opportunities in green hydrogen spaceThis collaboration is in line with NTPC's initiatives to develop hydrogen projects in India and aligns with the government's vision of Atma...
Nayara Energy appoints Rajani Kesari as Chief Financial OfficerKesari is a Chartered Accountant and a Cost Accountant. She is also a Certified Public Accountant from American Institute of Certified Publ...
Rosneft-backed Nayara Energy appoints Prasad K Panicker as chairman"Under Mr. Fountain, the Company has established highly effective corporate governance systems, enhanced its external reputation and put in...
Alois Virag becomes the new CEO of Nayara EnergyVirag joins Nayara after his last assignment as senior vice-president (downstream) for Middle East and Asia at OMV, an Austrian multination...
Rosneft-backed Nayara Energy appoints Alois Virag as its new CEO“Virag’s expertise in leading numerous and complex capital projects, turnarounds, digitalization initiatives along with prior experience in...
Nayara Energy inks MoU with IIT-Delhi and Gexcon to strengthen process safety & risk managementCommitted to driving innovation in process safety and risk management, the Company is collaborating with IIT-Delhi and Gexcon, a leading co...
Nayara Energy expects fuel demand to return to pre-Covid levels by early 2021Demand for diesel and petrol may recover to the levels before the onset of the pandemic by January-February subject to the revival of the e...
Nayara wants to store surplus crude in strategic oil reserve, refined products in PSUs' storageRussian oil giant Rosneft-backed Nayara Energy wants the government to let it store its surplus crude in the country’s half-empty strategic...
Nayara Energy cuts debt by Rs 4,600 croreNayara Energy has cut its debt by Rs 4,600 crore in two years since the Rosneft-led consortium acquired the unit, an executive claimed. It ...
Nayara Energy raises $750 million via offshore loanThe erstwhile Essar Oil was sold in August 2017 to Rosneft and Trafigura.