Serbia's Russian-controlled and U.S.-sanctioned oil and gas company NIS said on Wednesday that the negotiations on the change ...

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

The Abu Dhabi National Oil Company, based in the United Arab Emirates, is in talks to buy Russia’s stake in energy behemoth ...

Serbia's Russian-owned oil company NIS has requested a special licence from the U.S. Treasury Department’s Office of Foreign ...

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

Aleksandar Vučić has for many years been trying to balance between East and West, maintaining close ties with Russia, cultivating good relations with the United States, and simultaneously striving for ...

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 ...

It is no longer news that Serbia’s foreign-policy balancing between East and West is becoming increasingly difficult to ...

Serbia’s only refinery, Naftna Industrija Srbije (NIS), has applied to the U.S. Department of the Treasury for a special ...

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

The Russian majority owners of Serbia’s sole refinery, NIS, are negotiating to cede control to a third party and have ...

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