Did Microsoft Restore Services to Nayara Energy After Court Case?

Synopsis
Key Takeaways
- Microsoft has restored services to Nayara Energy after a court petition.
- Nayara Energy claimed abrupt service termination by Microsoft.
- Ownership includes Russian Rosneft and foreign investment firms.
- EU sanctions have significantly impacted operations of Russian companies.
- The case underscores the complexities of international business relations.
New Delhi, July 30 (NationPress) Tech giant Microsoft announced on Wednesday that services have been reinstated for the Russian-backed oil exploration and marketing firm Nayara Energy, just two days after the company claimed that Microsoft had suddenly terminated its access to vital data and services.
In an official statement, Microsoft emphasized its commitment to supporting all customers in India and globally, confirming that services for Nayara Energy have been restored.
Furthermore, Microsoft mentioned, “We are currently in active discussions with the European Union to ensure service continuity for the organization.”
Nayara Energy, which runs fuel retail outlets across India, is predominantly owned by Russia's Rosneft, holding approximately 49 percent of the company. The remaining majority stake is held by foreign entities Trafigura and UCP Investment Group through an Indian consortium.
Earlier this week, Nayara Energy filed a petition in the Delhi High Court, alleging that the US-based tech giant had unilaterally and abruptly halted critical services without prior notice.
The company requested an immediate restoration of services to safeguard its rights and maintain access to essential digital systems.
Nayara claimed that Microsoft suspended access to its data and services as a consequence of sanctions imposed by the EU on Russian entities, following Russia’s invasion of Ukraine.
On July 18, the European Union (EU) announced a comprehensive “package of economic and individual restrictive measures targeting Russia’s energy, banking, and military sectors, alongside trade with the EU, ensuring accountability for Russia’s ongoing aggression against Ukraine.”
The EU has enacted an import ban on refined petroleum products derived from Russian crude oil and originating from any third nation, with exceptions for Canada, Norway, Switzerland, the United Kingdom, and the United States.
This measure was intended to prevent Russian crude oil from entering the EU market indirectly.