Browsing: NIS

Serbian oil and gas company NIS has formally requested that the US Department of the Treasury extend its special operating license, which currently allows the company…

Serbia’s oil sector is approaching a critical turning point as discussions over the future ownership of Naftna Industrija Srbije (NIS) move beyond a corporate transaction and…

Oil company NIS has received a new special license from the US Treasury Department, allowing it to continue operating until 1 July, despite ongoing sanctions linked…

MOL Group and the Government of Serbia have signed a shareholders’ agreement that would define the future governance structure of Naftna industrija Srbije (NIS) in the…

Negotiations over the future ownership structure of Serbia’s oil company NIS have reached a major milestone, with Serbian authorities and Hungary’s MOL reportedly resolving all key…

Serbian oil company NIS has formally requested a new special authorization from the US Treasury Department’s Office of Foreign Assets Control (OFAC) in order to secure…

Negotiations over the future ownership structure of Serbia’s oil sector are still ongoing, with uncertainty persisting around the long-term arrangement for Naftna industrija Srbije (NIS). Industry…

Hungarian energy group MOL has been granted additional time by U.S. authorities to continue negotiations regarding the potential acquisition of a controlling stake in Serbian oil…

Efforts to determine the future ownership and operational structure of Serbian oil company NIS are ongoing, with negotiations between Hungarian MOL and Russian Gazprom Neft still…

Serbia has reaffirmed its commitment to keeping NIS a key pillar of its domestic fuel market, while negotiations continue over a potential acquisition of the Russian…