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NAYARA ENERGY INVESTMENT
Nayara Energy crosses 7,000 petrol pumps in IndiaNayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private f...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
India may soon let consumers choose ethanol-blended petrol based on their cars: ReportConsumers will soon have more choices at petrol pumps across India. New ethanol-blended petrol variants like E20, E22, E25, and E30 will be...
India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicalsIndia and Russia are deepening energy ties. Discussions have focused on gas supplies and joint ventures for hydrocarbon development. Russia...
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...
US, EU sanctions hit Nayara Energy's EPC operationsSanctions imposed by the EU and the US are affecting Nayara Energy's EPC work, leading Technip Energies and PT Timas Suplindo to withdraw f...
Crude awakening for Nayara as geopolitics sounds alarm; symbol of Indo-Russian ties hit hard by West penaltyNayara Energy, once a symbol of India-Russia cooperation, faces significant challenges due to sanctions and global disruptions following th...
Nayara Energy looks inward as overseas options shrinkHit by EU sanctions due to Rosneft's stake, Nayara Energy offered its export volumes of petrol and diesel to Indian state-run refiners. The...
Microsoft restores services to Russia-backed Nayara Energy ahead of HC hearingNayara has been forced to scale back operations at its 400,000-barrel-per-day refinery for lack of sufficient fuel storage and vessel owner...
Microsoft restores services to Nayara ahead of HC hearingMicrosoft restored services to Nayara Energy, backed by Rosneft, just before a Delhi High Court hearing regarding the suspension. The resto...
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...
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 invest Rs 70,000 cr in India; says EU sanctions go against India's interestsNayara Energy, backed by Rosneft, has denounced the EU sanctions as unjust and harmful to India's interests, reaffirming its commitment to ...
Russia's Rosneft Oil Company in early talks with Reliance to sell stake in India unitRosneft is in preliminary discussions with Reliance Industries for the sale of its 49.13% stake in Nayara Energy, which includes a major oi...
Rosneft eyes exit from Nayara Energy amid sanctions, talks with Indian conglomerates underwayRosneft, Russia's largest oil company, is considering selling its 49.13% stake in Nayara Energy due to difficulties in repatriating earning...
Ending ties with Russia's Rosneft, Trafigura sells Nayara stake to Hara Capital SarlThe deal size was not disclosed in the official statement. People involved in the transaction said Hara, a wholly owned subsidiary of Itali...
Nayara fuel dealers to meet Mgmt todayDealers are seeking a revision in commission as cost of inventory and operating expenses has increased more than 35% since the last revisio...
Bondholders stare at mark-to-market losses after Nayara Energy downgradedTwo sets of Nayara bonds were outstanding worth Rs 2,542 crore, according to Prime Database. Those were sold in December 2020 and August 20...
Nayara Energy ties up Rs 4,000 crore in funding for petrochemical projectThe company plans to use the funds to set up a 450,000 tonnes per annum polypropylene plant at its Vadinar refinery in Gujarat, Nayara said...
Nayara Energy raises Rs 2,285 crore in debtThe issue got oversubscribed by 128.5 per cent over the base size of Rs 1,000 crore, Nayara said on Friday. “Proceeds of the issue will be ...