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

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 ...

Your guide to what the 2024 US election means for Washington and the world Serbia faces losing access to oil imports on Friday as talks aimed at preventing US sanctions being imposed on the ...

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.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Serbia has been handed more time to find a buyer for the Russian stake in its only oil refinery and avoid ...

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 ...

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.

(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 ...

(Reuters) -Serbia still hopes for a reprieve on U.S. sanctions on the country's sole oil refinery, even as discussions to prevent them by a deadine on Friday appear to have failed, President ...