The U.S. has rejected a request by Serbia's Russian-controlled oil and gas producer NIS for another sanctions reprieve, ...

Serbia is willing to pay a premium to regain control of oil refiner NIS AD as it seeks ways to unshackle the Russian-owned ...

Serbia secured a three-month licence from the U.S. to try to find a buyer for its Russian-owned oil company, NIS, which is ...

Serbia faces a critical decision to secure fuel supplies from the Russian-owned NIS refinery without resorting to ...

The steadfast US stance on sanctions against Serbia’s sole refiner, NIS AD, has left Belgrade facing a stark choice: seize the company from Russia, or risk running out of crude, said Energy Minister ...

The United States demanded Russia's withdrawal from ownership of the Oil Industry of Serbia (NIS) company as a condition for ...

BERLIN. Nov 17 (Interfax) - The Serbian authorities, under a certain development of events, could buy out the Russian side's stake in the oil and gas company NIS, Serbian President Aleksandar Vucic ...

Serbia's President Aleksandar Vucic said on Sunday he wanted to avoid the 'confiscation' of Russian shares in Serbian oil ...

Serbia is willing to pay a premium to regain control of oil refiner NIS as it seeks ways to unshackle the Russian-owned ...

Serbia aims to preserve Russian holdings in its national oil company while navigating US sanctions and its EU membership ambitions.

Gazprom Neft , the Russian owner of Serbia's Naftna Industrija Srbije (NIS), has submitted a request to the United States Treasury Department's Office of Foreign Assets Control (OFAC) to extend the ...