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ROSNEFT INDIA OPERATIONS
Nayara rolls out relief for dealers amid retail painThe support is aimed at partially offsetting operational expenses and revenue losses faced by retailers. Explaining the mechanism, a dealer...- Nayara Energy starts operations at Vadinar refinery after maintenance shutdownNayara Energy has restarted its Vadinar refinery. The facility, with a capacity of 400,000 barrels per day, resumed operations last week. T...
- India may get a crude hit from Trump's curbs on Russian & Iranian oil buying freedomThe United States has ended sanctions waivers that allowed countries, including India, to buy Russian and Iranian oil without penalties, a ...
- Jio-bp not to raise petrol, diesel pricesJio-BP, a fuel joint venture, will not increase petrol and diesel prices now. This decision comes despite a surge in international oil cost...
- Reliance caps fuel sales at $11 per pump amid growing shortagesWest Asia War: Reliance Industries is limiting fuel purchases at its retail stations. Customers can buy only about $11 worth of gasoline or...
- Tanker carrying Iran crude signals India after 7-year import gapA US-sanctioned tanker carrying Iranian crude is heading to India, potentially marking the country’s first such import since 2019 after it ...
- Reliance Industries shares drop 5%, wipe off Rs 88,000 cr from market value as govt reimposes windfall tax on fuel exportsReliance Industries shares fell, wiping out more than ₹82,000 crore in market value after the government reinstated windfall taxes on diese...
- HPCL, BPCL, IOC shares rise up to 4% as govt cuts excise duty on petrol and diesel; what lies ahead?Oil marketing company shares are in focus after the government reduced excise duty on petrol and scrapped it on diesel. This move follows a...
- Nayara hikes fuel price on higher costsNayara Energy has increased petrol and diesel prices. This move follows a surge in international crude oil costs due to the Middle East con...
- Nayara's 35-day halt may shave 8% off India refining capacity amid Iran warNayara Energy will shut its Vadinar refinery for 35 days from early April. This will take 8% of India's refining capacity offline. The shut...
- Russia-backed sanctioned Indian refiner Nayara Energy boosts crude runs to 90%, sources sayNayara Energy has increased its Vadinar refinery operations to 90-93 percent capacity. This comes after European Union sanctions had previo...
- 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...
- Former Indian Oil director joins Rosneft boardIndian Oil has an annual oil purchase deal with Rosneft, which is renewed annually. It has emerged as one of the largest buyers of Russian ...
- Rosneft moves into tanker chartering as EU ban loomsPreviously, state-controlled Rosneft, which produces more than 40% of Russian oil, would sell its oil at the port of loading, meaning the b...
- Russia-backed Indian refiner Nayara Energy posts record profitRefiners in India, which rarely used to buy Russian oil due to high freight costs, are snapping up Russian oil since late February after so...
- Sanctions may delay Rosneft's India ops expansionRosneft owns a 49% stake in Nayara Energy, which operates a 20 million tonnes a year refinery in Gujarat and more than 6,000 fuel retail ou...
- ONGC Videsh caught in $1.4 billion suit by Russia's RosneftRosneft is seeking compensation for production between July 10, 2015 and May 31, 2018 through "unjust enrichment and interest gained by usi...
- Ruias plan to sell another 25% stake in Essar OilThe Ruia family is looking at selling another 25 per cent stake in the company to an oil trader or a strategic investor like Saudi Aramco.
- ONGC Videsh Limited, Rosneft sign Vankor oil field dealAs per the deal between ONGC Videsh Ltd (OVL) and Russian oil behemoth Rosneft, the former will pick up 15 per cent stakes in Vankorneft oi...
- Essar Oil to sell 49 per cent stake to Russia's Rosneft for $3.2 billionRosneft will buy 49 % stake in Essar Oil for about $3.2 billion after excluding the Mumbai-based firm's flourishing coal-bed methane busine...
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