Serbia seeks U.S. license as NIS ownership negotiations advance
Serbian President Aleksandar Vučić announced that Russian shareholders are currently negotiating with three potential buyers for their stake in oil […]
oil
Romania prepares emergency legislation to enable sale of Lukoil’s petrotel refinery
Romania is preparing special legislation to enable the sale of Lukoil’s local assets, including the Petrotel refinery, marking a shift
Region: MOL and Slovnaft accuse JANAF of undermining EU supply security
Oil companies MOL and Slovnaft have written to the European Commission’s Directorate-General for Competition to raise serious concerns over the
Serbia: NIS ownership shift nears completion as Russia moves to sell its stake
Russian shareholders have agreed to sell their 56.15% stake in the Serbian oil company NIS, according to Minister of Mining
Bulgaria takes control of Lukoil operations as company considers court response
Russian oil company Lukoil announced that it may pursue legal action if it determines that its rights or legitimate interests
Serbia boosts emergency fuel reserves amid sanctions pressure on NIS
Serbia has intensified efforts to strengthen its emergency fuel reserves in the coming weeks. As part of the plan, the
Europe: Brent oil rebounds, TTF gas hits six-month low in mid-November
Brent crude oil futures for the Front Month on the ICE market reached their highest settlement price of the week
Bulgaria confirms no extra U.S. conditions for Lukoil sanctions waiver
Energy Minister Zhecho Stankov stated that Bulgaria is not subject to any additional U.S. conditions for the recently approved sanctions
US gives Serbia three months to remove Russian ownership from NIS
The United States has given Serbia a three-month deadline to find a new owner for oil company NIS, whose majority
Region: US extends license for Lukoil asset transactions until 13 December
The US Department of the Treasury’s Office of Foreign Assets Control has issued a new license allowing transactions related to
Region: Carlyle eyes acquisition of Lukoil’s global assets amid intensifying U.S. sanctions
US private equity firm Carlyle is examining the possibility of acquiring segments of Lukoil’s international portfolio, as Washington intensifies sanctions
Serbia: Gazprom races to sell 11.3% stake in NIS as talks with MOL intensify
Negotiations on the sale of part of Serbian oil company NIS have entered an accelerated phase, with Russian Gazprom seeking