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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...

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...

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...

Serbia faces challenges with NIS ownership amid US sanctions on Russian stake

December 16, 2024

Two years ago, Serbian President Aleksandar Vučić hinted at the possibility of Serbia taking control of the oil company NIS to shield itself from...

Bulgaria threatens to suspend Russian gas transit to Serbia over payment dispute

December 11, 2024

Bulgaria may suspend the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to make...

Serbia secures additional gas supply from Gazprom, ensuring winter readiness

October 22, 2024

Dušan Bajatović, the director of Srbijagas, emphasized the importance of Gazprom's agreement for additional gas deliveries until May next year. He assured that Serbia...

Srbijagas secures additional winter gas deliveries from Gazprom

October 11, 2024

Dušan Bajatović, General Director of Srbijagas, announced in St. Petersburg that he reached an agreement with Gazprom's Chairman, Aleksei Miller, for additional gas supplies...

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