Rosneft - Newz Baba

Russia’s Rosneft in early talks with Reliance to promote stake in India unit

Newz BabaJune 29, 2025June 29, 202509 mins

Russian oil large PJSC Rosneft Oil Firm is in early talks with Reliance Industries on the market of its 49.13% stake in Nayara Vitality, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources stated. Reliance has held preliminary talks for acquisition of Nayara, which can assist it overtake state-owned Indian…

Rosneft, Reliance agree greatest ever India-Russia oil provide deal, sources say

Newz BabaDecember 12, 2024December 12, 202406 mins

NEW DELHI/MOSCOW: Russia’s state oil agency Rosneft has agreed to provide practically 500,000 barrels per day (bpd) of crude to Indian non-public refiner Reliance within the greatest ever power deal between the 2 nations, three sources accustomed to the deal mentioned. The ten-year settlement quantities to 0.5% of worldwide provide and is price roughly $13…