Serbian hydrocarbon company Naftna Industrija Srbije (NIS, a subsidiary of Russia’s Gazprom) has submitted a request to the U ...

Hungary and Serbia are joining forces to build a new oil pipeline that will link their energy systems. The project comes after months of preparation, with Hungary’s Minister of Foreign Affairs and ...

T he 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 ...

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 ...

The new sweeping measures also apply to numerous subsidiaries and affiliated foreign entities, including Serbia’s sole refiner, Naftna Industrija Srbije (NIS), which Gazprom has developed extensively ...

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

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 ...