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

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

CNOOC Starts Production at Offshore Field in South China Sea

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Current News

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

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