Serbia will take steps to acquire the Russian stake in its sole oil company, NIS, following sanctions imposed by the United States and the United Kingdom targeting Russian entities, including ...

“It’s not an easy situation for Serbia,” Vucic told Bloomberg in an interview in Belgrade on Friday, shortly after the US imposed its most aggressive sanctions on Russia’s oil industry yet.

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 ...

BELGRADE, January 10. /TASS/. NIS is operating without interruptions at present and will analyze all the consequences possible for it amid inclusion of assets of Gazprom Neft into the US sanction ...

Night - Partly cloudy. Winds from SSE to SE. The overnight low will be 44 °F (6.7 °C). Rain with a high of 53 °F (11.7 °C) and a 58% chance of precipitation. Winds variable at 4 to 12 mph (6.4 ...

On Tuesday, Vucic met the Russian ambassador to Serbia to discuss the "effects that U.S. sanctions against the Russian companies will inflict to our NIS", he said on his Instagram profile.

Serbian President Aleksandar Vucic has confirmed that the US will impose 'full sanctions' on the Petroleum Industry of Serbia (NIS), a company largely owned by Russian energy giant Gazprom Neft.

Still no sign of deal on EU prosecutor powers after Warsaw talks Belgian energy minister calls for connection, not cuts to Europe’s power grid ...

Croatia's pipeline operator Janaf, through which NIS gets most of its crude oil, said the full application of the sanctions will occur in 45 days. "Until then it is possible to adjust and take ...