Gazprom Neft cuts stake in Serbia’s NIS

Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom
Russia's Gazprom Neft transferred stakes of around 5.15% in Serbia's NIS oil company to Gazprom, in an attempt to ward off U.S. sanctions that could result in crude supply cuts for the Balkan country.
U.S. postpones sanctions against Serbia's NIS for 30 days - Serbian president
ROME. Feb 27 (Interfax) - The United States has postponed imposing sanctions against Serbian energy company NIS for 30 days, Serbian President Aleksandar Vucic said on Thursday. "We have received another 30 days for NIS. Good news for the citizens of Serbia," he posted on social media.
Gazprom Neft transfers NIS stake amid US sanctions
Russian oil producer Gazprom Neft has transferred around 5.15% of its shares in Serbian oil and gas company NIS to parent company Gazprom in response to US sanctions, reported Reuters. The move aims to prevent disruptions in Serbia's crude oil supply by complying with the sanctions imposed on Russia's oil sector on 10 January,
Serbia in talks with US, Russia as oil sanctions deadline looms
Serbia is in last minute talks with the United States and Russia ahead of a Thursday deadline to avoid U.S. sanctions on oil company NIS that could result in crude supply cuts, Energy Minister Dubravka Djedovic Handanovic said on Wednesday.
Gazprom Restructures NIS Holdings Amid Looming US Deadline
Russia’s Gazprom Neft has reduced its ownership in Serbia’s top oil company, NIS, just as a US-imposed deadline on sanctions approaches. The move aims to prevent potential penalties that could cut off Serbia’s oil supply.
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Janaf gets U.S. nod to carry oil to Serbia's NIS until March 28
Janaf has a contract for the transportation of 10 million tonnes of crude to Serbia's sole refiner from January 1, 2024 to ...
Serbia shores up oil reserves as seeks delay of U.S. sanctions on oil company NIS
Serbia is shoring up its crude oil and fuel reserves as the country presses on with talks with the United States and Russia ...
Everything for NIS 30, including the pancakes: February madness at Benedict
The breakfast specialist has decided to come to the rescue of the public struggling with the cost of living, with a tailored, ...
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U.S. delays NIS sanctions by 30 days - Vucic
"We have gotten an additional 30 days for NIS. A piece of good news for the citizens of Serbia," Vucic wrote in a post on ...
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Police on their feet - a major arrest in Nis VIDEO
In the continuation of the campaign against corruption, Nenad Stanković (46), a former city councilor of the City of Niš, was arrested on suspicion of having committed the criminal offense of ...
NIS 500M in Modi'in: The investment that will transform the city
Azrieli Group launches new complex with hotel, offices, and rentals; in 2026, an advanced medical center will enhance ...
North Korea sends more troops to aid Russia in Ukraine: NIS
North Korea appears to have deployed additional troops to support Russia in its war against Ukraine, South Korea’s intelligence agency said Thursday. The National Intelligence Service stated in a ...
Nigerian drug lord nabbed for deceiving Koreans into smuggling drugs: NIS
The ringleader of a Nigerian drug crime organization has been nabbed through collaboration between the National Intelligence ...
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Reduction in cash holdings after NIS 200 bill abolishment talk
Since September 2024 there has been a dramatic decline in the number of NIS 200 bills held by the public relative to the ...
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Change in NIS’ ownership structure
The Belgrade Stock Exchange announced today that the ownership structure of Naftna Industrija Srbije (NIS) has changed, with ...