Bulletin Updates
Rosneft-backed Nayara Energy put under credit watch: CARE Ratings – 9 Mar 2022
Mar 09, 2022
Russian oil firm Rosneft-backed Nayara Energy has been put on 'credit watch with negative implications' due to sanctions against Moscow for its invasion of Ukraine, CARE Ratings said Monday. Nayara, which is 49.13 per cent owned by Rosneft, operates a 20 million tonnes-a-year oil refinery at Vadinar in Gujarat and has a growing network of petrol pumps.
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