Current Affairs - Awards and Honours - Discussion

Teymur Abasguliyev, a senior executive from SOCAR Turkiye Enerji A.Ş., has been appointed as the new CEO of Nayara Energy. His appointment follows the exit of Alessandro Des Dorides and other European executives, who stepped down due to European Union sanctions linked to Nayara Energy’s association with Rosneft. An Azerbaijan national, Abasguliyev is an experienced professional with a background in finance and energy, having worked at PricewaterhouseCoopers and served as CFO at SOCAR Turkiye Enerji A.Ş. His leadership is expected to provide stability for Nayara Energy, which operates one of India’s largest private refineries and a vast retail fuel network.