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

Serbia's balancing act between its EU ambitions and close ties with Russia faces a severe test this winter. The unresolved fate of Serbia's Russian-owned oil and gas company NIS threatens the ...

The U.S. State Department has declined to confirm whether sanctions are being considered against Naftna Industrija Srbije (NIS), Serbia’s largest oil company, which is majority-owned by Russia’s ...

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

Gazprom Neft , the Russian owner of Serbia's Naftna Industrija Srbije (NIS), has submitted a request to the United States Treasury Department's Office of Foreign Assets Control (OFAC) to extend the ...

Falcon Oil & Gas Ltd. (FO.V) announced an agreement related to a significant exploration program with Naftna Industrija Srbije ( NIS), a Serbian oil and gas company in which JSC Gazprom Neft has a 56% ...

A joint venture of Serbia’s Naftna Industrija Srbije AD and a unit of Russia’s OAO Zarubezhneft began exploratory drilling in the Serb part of Bosnia-Herzegovina, where it has a long-term oil and gas ...

Serbia’s Naftna Industrija Srbije (NIS) JSC Novi Sad has completed installation of a digital in-line fuel blending system as part of an ongoing modernization program to improve energy efficiency, ...

Serbia’s JSC Naftna Industrija Srbije (NIS) has let contracts to CB&I, Houston, for technology licensing and front-end engineering design for a delayed coking unit at its 4.8 million-tonne/year ...

The decisions were confirmed during Serbian President Boris Tadic's visit to Moscow last week. Political observers have described the two decisions as politically motivated because Serbia is looking ...

Falcon and NIS expect to commence drilling the first well by the end of March 2013 Second and third wells likely to be completed by the end of Q3 2013 NIS to earn 50% of any net production revenues ...