Business

Nayara Energy Appoints New CEO Amid Sanctions

By BPN News Desk
Nayara Energy has appointed Teymur Abasguliyev as its new Chief Executive Officer, effective September. The announcement follows the resignation of former CEO Alessandro des Dorides, who stepped down in July after the company came under European Union sanctions. Abasguliyev Brings Global Energy Leadership Abasguliyev, an Azerbaijan national, currently serves as CFO of
Business

Nayara Energy CEO Resigns Amid EU Sanctions

By BPN News Desk
Alessandro des Dorides, the Chief Executive Officer of Nayara Energy, has resigned following the European Union’s sanctions that directly impact the company’s operations. Nayara Energy, a major Indian private refiner partly owned by Russia’s Rosneft, operates the Vadinar refinery in Gujarat, which processes 400,000 barrels of crude oil per day. The EU imposed restrictions

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