nayara - Modern Business India

Market share of private fuel retailers falls 50-80% in a year

The combined share of private players-Reliance-BP, Shell and Rosneft-backed Nayara Energy-has shrunk by 50-80% in the fuel retail market year-on-year and even the taxes imposed in July on exports or the official mandate to sell more in…

Russia-backed Indian refiner Nayara Energy posts record profit

NEW DELHI: NEW DELHI: India's Nayara Energy, part owned by Russian oil major Rosneft, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports. Nayara posted a…

All private fuel pumps must maintain stock, keep rates reasonable

Private fuel retail operators such as , BP, Shell, and Rosneft-backed Nayara will have to maintain supplies at reasonable prices at all their pumps as the government has brought all retail outlets under universal service obligations.…

Refining capacity utilisation up to 110% in May as cos move to meet demand surge

Refining capacity utilisation increased to 110% in May from 93% a year earlier as companies stepped up to meet a demand surge at home and abroad, showed official data. State-run refineries operated at 113% of their nameplate capacity, up…