Tag: Nayara Energy

India clears four ships for EU-sanctioned Nayara’s domestic fuel supply; dollar trade restrictions persist

India clears four ships for EU-sanctioned Nayara’s domestic fuel supply; dollar trade restrictions persist

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Indian authorities have cleared European Union-sanctioned Nayara Energy to use four foreign-flagged ships for coastal transportation of fuels such as petrol and diesel within the country, but its non-Russian overseas trade remains stalled due to the unavailability of banking channels. The Directorate General of Shipping has approved four foreign-flagged ships being used for the coastal […]

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Nayara Energy moved Delhi HC against Microsoft over suspension of services

Nayara Energy moved Delhi HC against Microsoft over suspension of services

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Nayara Energy has moved the Delhi High Court against Microsoft following the abrupt and unilateral suspension of critical services by the American multinational technology company. In a press statement, Nayara Energy – an Indo-Russian oil refining and marketing company – said Microsoft is currently restricting access to its “own data, proprietary tools, and products—despite these […]

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