All articles tagged with #nayara energy
EU sanctions have led Nayara Energy, an Indian refiner partly owned by Rosneft, to require upfront payments for oil shipments, reflecting the broad impact of new EU measures targeting Russian energy trade, including stricter price caps and restrictions on Russian petroleum products.
Rosneft, Russia's second-largest company, criticized EU sanctions on its Indian refinery, Nayara Energy, claiming they are illegal and do not affect its profits directly. The sanctions, part of broader EU measures against Russia, target various Russian interests amid ongoing geopolitical tensions.
Russian oil company Rosneft criticizes EU sanctions against Indian refinery Nayara Energy, calling them unjustified and illegal, amid broader EU measures targeting Russian energy exports due to the Ukraine invasion. Nayara, partly owned by Rosneft, operates a major refinery in India and faces challenges due to sanctions that hinder Rosneft's earnings repatriation, prompting calls for protection of shareholder interests.