Serbia: UAE’s ADNOC enters the EU oil market through NIS as a minority partner of MOL
Hungarian energy major MOL Group and the Abu Dhabi National Oil Company (ADNOC) are actively involved in negotiations that could reshape the energy landscape
US sanctions
Serbia: NIS sees major ownership shift as Russian stake sold to MOL
Serbian oil company NIS has entered a new ownership phase following months of US sanctions and negotiations over its shareholder
Serbia: Talks on NIS progress amid US sanctions concerns
Russian Foreign Minister Sergei Lavrov stated that discussions regarding the future of Serbian oil company NIS are actively progressing. He
Serbia warns Pancevo refinery will shut down without new U.S. license
Serbian President Aleksandar Vučić announced that the Pančevo refinery, operated by oil company NIS, will be forced to halt operations
Serbia moves to secure legal path for takeover of NIS amid sanctions crisis
Parliament Speaker Ana Brnabić announced that the Government will introduce an amendment to the 2026 draft budget that would allow
Romania: Three international bidders show interest in acquiring Lukoil assets
Three prospective buyers from Romania, the European Union and the United States have expressed interest in acquiring Lukoil’s Romanian assets,
The high-stakes game around NIS: How Serbia’s oil giant became a battleground of influence, strategy and survival
There is no company in Serbia whose fate is as closely watched — and as quietly contested — as NIS, the
Serbia seeks U.S. license as NIS ownership negotiations advance
Serbian President Aleksandar Vučić announced that Russian shareholders are currently negotiating with three potential buyers for their stake in oil
Serbia boosts emergency fuel reserves amid sanctions pressure on NIS
Serbia has intensified efforts to strengthen its emergency fuel reserves in the coming weeks. As part of the plan, the
Region: Chevron joins bidders eyeing Lukoil’s international assets after U.S. sanctions shift
US energy giant Chevron is evaluating selective opportunities to acquire parts of the international portfolio of Russian oil company Lukoil,
Serbia: Russian shareholders of NIS seek U.S. approval to extend operating license amid ownership talks
The Russian shareholders of Serbian oil company NIS have submitted a formal request to the U.S. Department of the Treasury’s
Hungary granted one-year US sanctions waiver to continue importing Russian energy
Hungarian Prime Minister Viktor Orbán announced that Hungary has secured an exemption from US sanctions on Russian oil and gas,