Rosneft in Talks to Sell Nayara Energy Stake to Reliance Industries.
New Delhi, India – Russian oil giant Rosneft is reportedly in preliminary discussions with Reliance Industries Limited (RIL) to sell its stake in Nayara Energy. Should the talks materialize, the acquisition would position Reliance as India’s largest oil refining company, surpassing current leader Indian Oil Corporation (IOC).Rosneft currently holds a significant 49.13% stake in Nayara…

