Nayara Energy Director Resigns After U.S. Sanctions Imposed

Nidhi Verma
Friday, February 21, 2020

Didier Casimiro, placed on a sanctions list by the United States earlier this week, on Friday resigned from the board of Indian refiner Nayara Energy, part-owned by Russian oil major Rosneft, company filings with the Indian government show.

The United States on Tuesday blacklisted Rosneft Trading S.A. (RTSA) and its president and board chairman Casimiro.

Washington believes RTSA, which has emerged as an intermediary for the sale of Venezuelan oil, provided a financial lifeline to President Nicolas Maduro's government.

"I hereby tender resignation for the board of directors of Nayara Energy Ltd with immediate effect on account of personal reasons," Casimiro said in his resignation letter. 

(Reporting by Nidhi Verma; editing by Barbara Lewis)

Categories: Oil Asia Gas People & Company News

Related Stories

Seadrill Secures Offshore Drilling Deals Across Four Countries

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

Kazakhstan Resumes Action to Collect $5.2B Kashagan Field Fine

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Qatar-Linked LNG Tankers Resume Hormuz Transits

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

Inpex Takes Additional Stake in Ichthys LNG

Current News

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Iran Weighs US Response as Hormuz Reopening Talks Stall

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com