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NIS Board of Directors to meet amid U.S. sanctions and operational uncertainty

A special meeting of the Board of Directors of Naftna Industrija Srbije (NIS) is scheduled today, following a request from four Serbian representatives on...

Serbia scrambles for oil import options amid pending US sanctions on NIS

With US sanctions on Naftna Industrija Srbije (NIS) potentially taking effect on October 8, Serbia is evaluating alternative ways to import crude oil and...

JANAF receives new license to transport oil for NIS until August 27, 2025

The Adriatic Pipeline company (JANAF) has been granted a new license by the U.S. Office of Foreign Assets Control (OFAC) to continue transporting crude...

JANAF secures OFAC license to continue crude oil transport contract with NIS until July 2025

Jadranski Naftovod (JANAF) announced that, in cooperation with the Government of the Republic of Croatia and with support from their American legal advisors, they...

JANAF’s oil transport license extended for 60 days amid sanctions delays

Jadranski Naftovod (JANAF) has announced that its license for transporting oil to the Oil Industry of Serbia (NIS) refinery in Pančevo has been extended...

JANAF d.d. secures 30-day license for continued transport to NIS’s Pancevo refinery

JANAF d.d. announced that, with the assistance of its American lawyers and in coordination with the Croatian government, it has received a 30-day license...

Serbia secures 30-day delay on U.S. sanctions for NIS, potential Janaf involvement discussed

Serbian President Aleksandar Vučić announced that the U.S. sanctions on the country's oil industry have been postponed for another 30 days. "We succeeded! We have...

Croatian Minister of Economy warns of financial impact if Janaf loses business with NIS

Croatian Minister of Economy, Ante Šušnjar, stated after a Government session that without a business arrangement with the Oil Industry of Serbia (NIS), Janaf...

Janaf considers purchasing Russian stake in NIS amid growing oil transport partnership

Janaf, Croatia's oil pipeline company, is reportedly considering purchasing the Russian stake in the Serbian Oil Industry (NIS). According to Janaf’s CEO, Šušnjar, this...

Janaf secures 30-day extension for crude oil transport to NIS refinery amid U.S. sanctions

Vladislav Veselica, board member of Croatian Janaf and coordinator of actions with American authorities, announced today that the U.S. Office of Foreign Assets Control...

MOL to step in as NIS faces sanctions, ensuring continued fuel supply to Serbia

Sanctions against the Russian-Serbian company NIS are expected to take effect after midnight tonight. According to sources close to the Kompas portal, Hungarian oil...

Janaf awaits U.S. decision on sanctions delay to continue oil supply contract with NIS

The Adriatic Oil Pipeline (Janaf), like the Serbian Oil Industry (NIS), is still awaiting a response from the new U.S. administration regarding the potential...

Janaf requests U.S. permission to continue oil transport to NIS amid sanctions

Croatian oil pipeline operator, Janaf, has formally requested permission from the American sanctions authority to continue fulfilling its contract with Naftna Industrija Srbije (NIS),...

Croatia aims for Serbian stability amid US sanctions on NIS and Russian entities

Croatian Prime Minister Andrej Plenković commented last night on the new sanctions regime targeting Russian legal entities and individuals, including the Oil Industry of...
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