Serbian President Aleksandar Vucic called a US decision to sanction Naftna Industrija Srbije, the country’s sole refiner that’s controlled by Gazprom, very harsh and said “some kind of ...

“We have the money” to buy back the Russian stake in refiner Naftna Industrija Srbije, or NIS, President Aleksandar Vucic told reporters in Belgrade on Saturday. “It sounds unreal, but we do ...

Wizz Air , a low-cost airline based in Hungary, has stopped refueling its planes at Belgrade airport Nikola Tesla because of ...

This photograph shows a sign for Naftna Industrija Srbije AD (NIS), and the company's owner OAO Gazprom Neft outside the headquarters in Belgrade, on January 8, 2025. Serbian President Aleksandar ...

The U.S. sanctions, announced Friday, include restrictions on Serbia's Naftna Industrija Srbije (NIS), which is majority-owned by Russia's Gazprom and Gazprom Neft. "They are asking us for a complete ...

This suspension coincides with recent U.S. sanctions targeting Serbia's Naftna Industrija Srbije (“NIS”) over its Russian ties, amplifying challenges for the Balkan nation. The Shah Deniz ...

Hungary and Serbia are joining forces to build a new oil pipeline that will link their energy systems. The project comes ...

Facing American sanctions from using Russian oil and gas, the Serbian Ministry of Defense (MoD) have resorted to using ...

Prime Minister Miloš Vučević said today that the introduction of US sanctions on the Serbian petroleum industry Naftna Industrija Srbije (NIS) will not jeopardise the energy supply to businesses and ...