Serbian oil firm NIS faces difficulties acquiring oil due to impending U.S. sanctions and clients seeking alternatives. As a ...

Serbian oil firm NIS is struggling to buy oil from traders abroad, while at home its former clients are seeking alternative ...

Serbia still hopes for a reprieve on U.S. sanctions on the country's sole oil refinery, even as discussions to prevent them ...

Serbia may lose access to crucial oil supplies due to failed negotiations to prevent U.S. sanctions on its sole oil refinery, NIS. President Vucic noted the unlikelihood of a last-minute resolution.

The sanctions could result in crude supply cuts for NIS, which operates a single oil refinery in Serbia with annual capacity of 4.8 million tons that covers most of the Balkan country's needs.

BELGRADE (Reuters) - Serbian oil company NIS, majority-owned by Russia's Gazprom Neft and Gazprom, is likely to get a last-minute, 30-day extension to its waiver from U.S. sanctions, the CEO of ...

(MENAFN) Serbia has no intention ... The extensive sanctions imposed by Washington and Brussels include bans on Russian seaborne oil shipments, exclusion from the Western financial system, and ...

It is crucial to Serbia's energy security as it operates the Balkan country's only oil refinery. The company's struggles highlight what could come if U.S. sanctions take effect, with President ...

The sanctions could result in crude supply cuts for NIS, which operates a single oil refinery in Serbia with annual capacity of 4.8 million tons that covers most of the Balkan country's needs. The U.S ...