Serbia: Russian shareholders of NIS seek U.S. approval to extend operating license amid ownership talks
The Russian shareholders of Serbian oil company NIS have submitted a formal request to the U.S. Department of the Treasury’s […]
NIS
Serbia: NIS posts €2.5 million loss for first nine months of 2025 amid sanctions and market pressures
The NIS Group reported a net loss of approximately €2.5 million for the first nine months of 2025, with earnings
U.S. presses Serbia to resolve NIS sanctions issue through sale or nationalization of Russian stake
According to diplomatic sources quoted by Serbian media, the United States sees only two possible solutions to the issue surrounding
Serbia: US sanctions block crude shipment to NIS, threatening operations at Pancevo Refinery
US sanctions imposed on Serbia’s oil company NIS, due to its Russian ownership, have blocked a crude oil shipment that
Serbia: President says resolution of NIS sanctions issue key to Serbia’s economic stability and IMF agreement
Serbian President Aleksandar Vučić announced that he expects to receive concrete information by the end of this week or early
Serbia poised to buy Gazprom’s stake in NIS to resolve sanctions issue by year-end
Serbian media report that the issue surrounding oil company NIS, caused by U.S. sanctions, is expected to be resolved by
Serbia proposes temporary takeover of Russian NIS stake amid U.S. sanctions
Serbian President Aleksandar Vučić has reportedly proposed to a visiting Russian delegation that Serbia could temporarily assume part of Russia’s
Serbia: Fuel retailers ramp up imports to counter NIS sanctions and strengthen market resilience
Fuel retailers in Serbia have significantly increased petroleum product imports to counter the effects of sanctions on the national oil
Serbia: NIS to pay 2024 dividends on October 22 amid 77% profit drop, shareholders on OFAC SDN list excluded
Serbian oil company NIS has announced that it will distribute dividends for the 2024 financial year on 22 October, with
Expert critiques 2008 NIS privatization as major undervaluation, highlights lost strategic opportunities for Serbia
Professor Dragan Djuricin from the Faculty of Economics in Belgrade criticized the 2008 privatization of Serbia’s oil company NIS, calling
Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions
As US sanctions targeting Serbian Russian-owned oil company NIS approach their 8 October enforcement date, Russian negotiators have put forward
Croatia: US sanctions targeting NIS prompt JANAF to secure licenses for continued crude oil transport
Earlier this year, the U.S. Department of the Treasury introduced sanctions targeting Russia’s energy sector, which are now being applied