Russia’s Rosneft in early talks with Reliance to sell stake in India unit
Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13% stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil […]
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