Hungary's Foreign Minister Peter Szijjarto was travelling to Belgrade on Wednesday to discuss details of how Hungary will ...

Pancevo, the country's only oil refinery, now on 'hot standby' as Vucic faces tricky prospect of seizing Russian asset.

The Serbian government is preparing an amendment to the country’s budget law that will allow it to nationalize the Naftna ...

Serbian President Vučić warns of a major crisis as the country's largest oil refinery faces shutdown unless US sanctions ...

Serbia's Russia-owned NIS oil refinery will shut down in four days if the United States does not lift sanctions on the project, risking fuel supplies ahead of winter, President Aleksandar Vucic said ...

Serbia's only oil refinery prepared to shut down on Tuesday, as the country's president set a deadline for the firm's Russian ...

Serbia's NIS oil refinery, owned by Russia, faces shutdown amid US sanctions, jeopardizing fuel supply before winter.

Hungary's MOL will boost crude oil deliveries to Serbia after Croatia halted shipments. This move seeks to secure Serbia's ...

Serbian authorities have reassured citizens that the country has sufficient fuel reserves to supply the domestic market, with the fate of the country's only refinery, Naftna Industrija Srbije (NIS), ...

Serbia has sufficient fuel reserves to supply the domestic market, the government said on Monday, as the country's crucial NIS oil refinery faces possible shutdown over U.S. sanctions on its Russian ...

BELGRADE, November 25. /TASS/. NIS (Naftna industrija Srbije) announced that it has begun procedures for suspending operations at its Pancevo refinery due to oil shortages caused by US Treasury ...

Serbia's sole oil refinery, which supplies the vast majority of the country's fuel but is now under US sanctions because of its majority Russian ownership, could cease operations as early as Tuesday, ...