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U.S. delays sanctions on NIS for 30 days, offering Serbia time to seek resolution

February 27, 2025

The U.S. has postponed sanctions against Serbia’s NIS (National Oil Industry) for 30 days, with the new deadline set for March 28. The delay...

Gazprom transfers stake in NIS to avoid US sanctions

February 26, 2025

The Belgrade Stock Exchange announced that the ownership structure of the Oil Industry of Serbia (NIS) has been modified. Russian Gazprom Neft transferred around...

Legal hurdles and speculations surrounding the potential nationalization of NIS amid sanctions

February 21, 2025

As February 25 approaches, the date when sanctions against NIS are set to be implemented, speculations about potential solutions are increasing. These range from...

Serbia’s shift in energy strategy: Balancing relations with Russia and Western influence

January 28, 2025

While the Washington Agreement signed in September and the Brussels Declaration from December may seem like standard documents from international meetings, their combined content...

Economist analyzes 2008 NIS sale: Mistake in privatization process, options for Serbia amid sanctions

January 14, 2025

Economist Goran Radosavljević recently commented on the 2008 sale of the Oil Industry of Serbia (NIS) to the Russian company Gazprom Neft, suggesting that...

U.S. sanctions on Serbia’s NIS: Potential impact on oil supply, economy and ownership solutions

December 17, 2024

The introduction of U.S. sanctions on Serbia’s Oil Industry (NIS), majority-owned by Russian companies Gazprom Neft and Gazprom, has not been officially confirmed. Serbian...

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