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

Energean Cuts 2026 Output Forecast After Israel Shutdown

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Global Businesses Face Mounting $25 Billion Fallout From Iran War

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Indonesia’s Mako Gas Project on Track for First Gas in 2027

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

Technology as Enabler of Energy Security in Offshore Asia

Current News

Energean Cuts 2026 Output Forecast After Israel Shutdown

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Velesto Secures Malaysia Drilling Deal with Hibiscus

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Global Businesses Face Mounting $25 Billion Fallout From Iran War

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

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