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Searched Tag: nayara
The total Russian assets frozen are worth £28.7 billion

UK sanctions on Nayara Energy days after Starmer’s India visit

October 16, 2025, 12:43 PM - 2 min read

Just days after UK Prime Minister Keir Starmer visited Mumbai along with a trade delegation, the British government has announced asset freeze amongst a list of 90 sanctions on Russia, which includes Jamnagar-based Nayara Energy Ltd, which is partly owned by two Russian oil companies

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Sergey Denisov, who has been with Nayara since 2017, has been appointed the new CEO of the company

Nayara CEO resigns after EU sanctions on company

July 25, 2025, 08:24 PM - 4 min read

Alessandro Des Dorides resigned as CEO of Nayara Energy last week after the company was hit by EU sanctions; he has been replaced by Sergey Denisov

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Government ends 30 month levy on crude oil and fuels.

Govt removes windfall profit tax on crude oil

December 2, 2024, 04:24 PM - 4 min read

The Indian government has officially scrapped the windfall profit tax on domestically produced crude oil and the export of jet fuel, diesel, and petrol. This decision comes after a notable decline in international oil prices.

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