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Serbian Prime Minister affirms no decisions on NIS without Russian consent

June 11, 2025

Serbian Prime Minister Đuro Macut stated that the government will not take any actions regarding the Serbian Oil Industry (NIS) without the consent of...

NIS proposes 25% profit dividend amid ongoing U.S. sanctions threat and trading suspension

May 23, 2025

The Board of Directors of the Oil Industry of Serbia (NIS) proposed distributing 25% of the 2024 profit to shareholders as dividends, consistent with...

NIS showcases agro solutions and NISOTEC products at Novi Sad International Agricultural Fair

May 18, 2025

NIS is participating again this year in the International Agricultural Fair, held from May 17 to 22 in Novi Sad. At their stand in...

NIS enhances oil and gas operations with drone technology for efficient surveying

May 13, 2025

NIS has continued to use innovative technologies in oil and gas exploration by conducting drone surveying of the well field and surface infrastructure at...

NIS reports decline in profit for 2024 amid major overhaul and US sanctions

April 30, 2025

In 2024, Serbia’s oil company NIS achieved an EBITDA of RSD 44.4 billion and a net profit of RSD 10.1 billion, according to its...

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

April 27, 2025

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

Postponement of NIS sanctions brings relief for Serbia

April 26, 2025

Minister of Mining and Energy, Dubravka Đedović Handanović, announced that the postponement of U.S. sanctions on NIS for another two months — until June...

NIS requests another extension for sanctions delay from U.S. Treasury

April 24, 2025

The Serbian oil company, Naftna Industrija Srbije (NIS), has submitted a new request to the U.S. Department of the Treasury for a special license...

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