Russian Ambassador Alexander Botsan-Kharchenko stated today that a solution is being sought for Naftna Industrija Srbije (NIS ...

Minister Dubravka Djedovic-Handanovic stressed that the Serbian government is committed to creating conditions that will allow NIS to continue operating "regardless of how long it takes to complete th ...

Serbia supports talks over the sale of a majority stake in the country's sanctioned NIS oil company currently taking place ...

The U.S. has granted Serbian oil refiner NIS until March 24 to negotiate the sale of its Russian owner's stake, Serbia's ...

Serbia faces a fiscal impact of 1-2% of GDP if negotiations to resolve the issue of its <a href=" ...

Serbian President Aleksandar Vučić has said that his country has reached an agreement with Russia to continue gas supplies until the end of March. Source: Serbian broadcaster RTS, as reported by ...

Russia's Gazprom is in talks to sell a 56.15% stake it indirectly controls in Serbia's U.S.-sanctioned sole refiner NIS to <a ...

By Jelena Subin  Every day on my way to work, I pass a large, flashing, green number – 117 – whose digits have barely changed ...

Belgrade is ready to facilitate the search for a fair solution for its continued operation, the Serbian president said ...

Steam still rises from the chimneys of Serbia's only oil refinery as it slowly grinds to a halt under US sanctions, fuelling fears of job losses and uncertainty.