Nayara Energy (formerly known as Essar Oil) is an integrated downstream oil company of international scale encompassing the entire hydrocarbon value chain from refining to production and marketing, across segments, including retail. In 2016 Essar Oil was acquired by Rosneft, the world’s largest public oil and gas company by liquid hydrocarbon production and reserves and an investment consortium led by global commodity trading firm Trafigura & UCP Investment Group. Essar Oil has since been renamed to Nayara Energy.
India's second largest oil refinery
Nayara Energy proudly owns & operates India’s second largest single site refinery at Vadinar, Gujarat with a capacity of 20 MMTPA. Nayara Energy is one of the world’s most modern refineries with a high complexity index of 11.8. The Vadinar refinery is capable of processing some of the toughest crudes and yet produce high quality Euro IV and Euro V grade products.
Nayara Energy also manages the fastest growing retail business chain in India with the largest private sector fuel retail network. We have over 4,900 operational outlets spread across India and more than 2,600 outlets at various stages of completion.