Although Nayara Energy faces no direct sanctions, it is facing heat due to Russian state energy corporation Rosneft PJSC's 49.13% ownership stake in the organisation. (AI image) Nayara Energy, India’s…
Nayara Energy is responsible for approximately 8% of India's refining capacity and 7% of its retail fuel station network. (AI image) Nayara Energy, the Russia-backed Indian refinery, is facing a…
Fuel supply from Nayara Energy’s Vadinar refinery has been severely disrupted after shipowners, wary of European Union sanctions, stopped lifting products from the facility, forcing the Rosneft-backed company to seek…
Amid tightening international scrutiny, Russian-linked Indian refiner Nayara Energy has exported its first gasoline shipment since the European Union imposed sanctions on the company on July 18, Reuters reported citing…
Shipbrokers, vessel operators have become hesitant to engage with Nayara this week. (AI image) European Union’s latest round of sanctions on Russian oil have already begun to hit a refinery…
Russian oil giant Rosneft has hit out at the European Union for imposing sanctions on its Indian affiliate Nayara Energy, calling the move “unjustified and illegal” and warning that it…
The European Union's latest sanctions will adversely affect countries including India, Turkey, and the UAE. (AI image) Russian oil sanctions by the European Union could dent India’s $15 billion fuel…
Russia oil sanctions: Both Nayara and RIL now confront possible exclusion from EU markets, according to industry experts and analysts. (AI image) Russia oil sanctions impact: Both Nayara Energy and…
NEW DELHI: Nayara Energy, India's largest private fuel retailer, posted a 14.3 per cent rise in fuel sales for the second quarter of the 2024 calendar year, while exports dropped…
Diesel exports to Europe surge! In June, India's diesel exports to Europe experienced a significant surge, quadrupling from the previous month as refiners capitalized on the continent's more favorable margins.…