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ROSNEFT BACKED NAYARA
Nayara doubles fuel exports in Nov, turns to new marketsIndia's Nayara Energy significantly boosted fuel exports in November. The refiner shipped double the previous month's volume to new markets...
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...
Saudi Aramco, Iraq company SOMO halt oil sales to Nayara EnergySaudi Aramco and Iraq's SOMO have suspended crude sales to India's Nayara Energy following EU sanctions on the Russian-backed refiner. This...
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...
Sanctions-hit Indian refiner Nayara turns to dark fleet, tanker data showsNayara Energy, an Indian refiner backed by Russia and facing EU sanctions, is utilizing a dark fleet to import Russian oil and export refin...
Rosneft-backed Nayara Energy withdraws case against Microsoft from Delhi HC after restoration of servicesNayara Energy, facing EU sanctions as a major buyer of Russian oil, sued Microsoft in Delhi High Court after its services were suspended. A...
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...
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...
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...
Rosneft-backed Nayara Energy put under credit watch: CARE Ratings"CARE Ratings has placed the long-term ratings of Nayara on 'credit watch with negative implications' on account of the Russian invasion of...
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 ...
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...