EU-sanctioned Indian refiner Nayara takes Microsoft to court
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The Indian owners of three vessels chartered to Nayara Energy have asked the Russian-backed firm to end their contracts following recent European Union sanctions on the refiner, six sources familiar with the matter said on Tuesday.
India's Nayara Energy faces vessel contract cancellations amid EU sanctions, impacting refinery operations and crude imports.
Nayara Energy, an Indian refiner with Russian backing, has initiated legal proceedings against Microsoft after the tech giant abruptly cut off access
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Nayara Energy has accused Microsoft of unilaterally halting access to its licensed digital tools, data, and proprietary services despite no legal compulsion under the US or Indian laws to do so.
Microsoft has cut off cloud computing services to India's Nayara Energy, following EU sanctions on the oil refinery company.
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The owners of three vessels chartered by India's Nayara Energy have asked to end their contracts with company, six sources
Nayara, majority-owned by Russian entities including oil major Rosneft, runs India's third-biggest refinery and exports refined products and also supplies them domestically
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ET EnergyWorld on MSNAfter CEO, three more directors, HSE head quit Rosneft-backed Nayara EnergySeveral top executives have left Nayara Energy. This includes directors and senior personnel. The resignations follow EU sanctions on the Rosneft-backed company.
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An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy's Vadinar port in India to unload its cargo at the port of Mundra, according to shipping data and four industry sources on Thursday.