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

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 ...

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 ...

A planned oil pipeline from Hungary to Serbia could begin to meet all of Serbia's crude oil needs by 2028, Hungarian foreign minister Peter Szijjarto said on Wednesday.

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 European Union has warned Serbia that President Aleksandar Vucic’s possible attendance at Russia’s Victory Day parade ...

(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 ...

and Ukraine regarding hostilities and sanctions relaxation are introducing counterpressure and uncertainty to the oil market. Crude oil prices earlier today touched a three-week high, driven by ...

NIS operates the only oil refinery in Serbia, which has annual capacity of 4.8 million tons and covers most of the Balkan country's needs. "There will be more delays of sanctions ... , but we cannot ...