Nayara Energy

Nayara Energy
	Nayara Energy Refinery at Vadinar, Gujarat
Formerly	Essar Oil Limited
Type	Private
Industry	Oil and gas
Founded	12 September 1989
Founder	Shashi, Ravi Ruia
Headquarters	Nayara Energy Limited 5th Floor, Godrej BKC, Plot No. C-68, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra, India
Key people	Teymur Abasguliyev (CEO); Prasad K Panicker (Executive Chairman);
Products	Petroleum
Revenue	₹150,324 crore (US$16 billion) (2025)
Operating income	₹9,528 crore (US$990 million) (2025)
Net income	₹6,079 crore (US$630 million) (2025)
Total assets	₹85,447 crore (US$8.9 billion) (2025)
Total equity	₹50,010 crore (US$5.2 billion) (2025)
Owners	Rosneft (49.13%); Kesani Enterprises Co Ltd and United Capital Partners(49.13%)
Website	www.nayaraenergy.com
	Footnotes; https://www.nayaraenergy.com/storage/news-rooms/August2025/tZeRnDAPQxuiGKEwfupT.pdf

Nayara Energy Limited (NEL) (pronounced na-yaa-raa -ˈnæ.ˈjɑː rə) (listen^ⓘ) is an Indo-Russian oil refining and marketing company that owns and operates Vadinar Refinery located at Dwarka district of Devbhumi Dwarka Vadinar, Gujarat, India with a capacity of 250 MMTPA of refining capacity Crude oil processed making it the second largest refinery in India. It operates 6000+ Nayara branded outlets and over 1200 petrol pumps in various states.