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

The aggressor country russia has lost influence in the Balkans after the US sanctions on russian oil companies Lukoil and ...

After the latest round of American sanctions targeting Russia’s oil sector, Bulgaria faced an urgent problem: Lukoil — the ...

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 ...

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

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

The Donald Trump sanctions against Lukoil and Rosneft dealt the worst blow to Russia's economic power in the Balkans in ...

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% ...

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 ...

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 ...