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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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August 20, 2025, 03:24 PM - 5 min read
The United States has levelled sharp criticism at India’s private refiners, accusing them of profiteering from Russian crude oil by reselling refined fuels to Europe and other regions.
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August 3, 2025, 08:26 PM - 5 min read
From less than 0.2 per cent before 2022, Russian oil now makes up 35-40 per cent of India’s crude intake since Russia started discounting it; moving away from it could risk high import bills for the country
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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Alessandro Des Dorides resigned as CEO of Nayara Energy last week after the company was hit by EU sanctions; he has been replaced by Sergey Denisov
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