News

State Bank of India has ceased trade and foreign currency dealings with Nayara Energy due to potential US sanctions, ...
An Indian diesel shipment is heading to China, marking the first delivery since 2021, amidst uncertainty surrounding exports ...
Russia-backed Indian refiner Nayara Energy said on Thursday it was talking to government authorities and partners to maintain ...
State Bank of India suspends foreign currency and trade processing for Nayara Energy following US tariff increases and EU ...
Private Indian refiner Nayara Energy is scrambling to adjust after being placed under EU sanctions on July 20 as part of ...
Nayara Energy, hit by EU sanctions, is in talks with the Indian government to maintain operational stability and ensure fuel ...
SBI made the decision in recent days in response to the latest US sanctions, with the aim of staying fully aligned with ...
EU sanctions on Russian oil and shadow fleet operators have driven Nayara Energy’s crude imports to a historic low, ...
Last month, in an attempt to target Russia’s ability to raise revenues from its oil and energy sector as it wages a prolonged ...
The sanctions have already compelled Nayara Energy to reduce output at its Vadinar refinery on the West Coast to 70%-80% and ...
Nayara Energy, grappling with EU sanctions, is resorting to ship-to-ship transfers to continue fuel exports. A gasoline ...
Nayara is partly owned by Russian oil giant Rosneft PJSC, and was blacklisted by Brussels in July. It reportedly received its ...