U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss ...

U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss ...

According to Igor Yushkov, sanctions against large Russian companies are frightening the market, with traders fearing a reduction in fuel supplies to the global market ...

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's balancing act between its EU ambitions and close ties with Russia faces a severe test this winter. The unresolved ...

Trump’s new sanctions forced Bulgaria to seize Lukoil’s Neftohim refinery and cut Russia out of the country’s energy sector.

To date, Germany has five LNG import terminals featuring floating storage and regasification units. The import terminals ...

Serbian Minister of Mining and Energy Dubravka Djedovic-Handanovic noted that the name of the third party is not being disclosed until "crucial details" are worked out ...

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

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

OANDA reports that Western sanctions on Russia have failed to collapse its economy, leading to de-dollarization and advanced ...