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

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