Nayara Energy CEO Steps Down As EU Sanctions Sting

Nayara Energy CEO Steps Down As EU Sanctions Sting

OilPrice.com

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The chief executive of Nayara Energy, Alessandro des Dorides, has resigned abruptly amid mounting fallout from newly imposed European Union sanctions targeting the Rosneft-linked Indian refiner, according to an exclusive Reuters report. His departure comes just days after shipowners and fuel traders began withdrawing from deals with Nayara, citing compliance concerns. Sergey Denisov, a longtime Nayara executive, has been appointed CEO with immediate effect, sources confirmed to Reuters. The leadership shake-up adds more uncertainty to Nayara’s…

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