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Serbia braces for U.S. sanctions on oil company as discussions continue

Serbian President Aleksandar Vučić stated that he expects the United States to impose sanctions on NIS (Naftna Industrija Srbije) around January 1st. He explained...

NIS raises 1.87 billion dinars through bond issue amidst uncertainty over US sanctions

The Oil Industry of Serbia (NIS) successfully raised 1.87 billion dinars through its first corporate bond issue on the domestic market, surpassing the minimum...

Croatia pledges to ensure Serbia’s oil supply amid sanctions concerns

Croatian Prime Minister Andrej Plenković addressed the upcoming U.S. sanctions on NIS due to Russian ownership, stating that Croatia and Serbia have discussed cooperation...

Experts warn Serbia has opportunity to regain control of NIS amid declining profits and potential sanctions

Experts believe that now could be the ideal opportunity for Serbia to regain ownership of the Serbian Oil Industry (NIS), which has been majority-owned...

Potential U.S. sanctions on NIS: Implications for Serbia’s oil supply and economic stability

The introduction of U.S. sanctions on Serbia’s Oil Industry (NIS), majority-owned by Russian companies Gazprom Neft and Gazprom, has not been officially confirmed. Serbian...
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