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Oil Industry of Serbia (NIS) announced that the Pancevo Oil Refinery will suspend operations 

"Sufficient quantities of supplies have been provided for the duration of the overhaul", it is stated from NIS, as reported by Energija Balkana. The company...

Assessing the Impact: Was Privatizing NIS a Sound Business Decision for Serbia After Fifteen Years?

Looking from a distance of 15 years, how do we view the privatization of NIS and the economic-political agreement with the Russian giant? Was...

Celebrating 15 Years of Privatization, NIS Marks Substantial Advancements in Comparison to Regional Counterparts

"The privatization of Naftna Industrija Srbije could be assessed today, 15 years later, from several aspects. Firstly, it was non-transparent and part of a...

Serbia Expands Energy Portfolio with Activation of 42 New Oil Wells

In Serbia, oil production is carried out at 870 oil wells and 69 gas wells in operation, employing various extraction methods. Additionally, in 2023,...

NIS Business Operations 2023: A Close Look at Nearly 40 Billion Dinar Capital Expenditures

In 2023, NIS initiated the implementation of a new ambitious investment program, and the total volume of investments by the NIS Group in the...

NIS Outlines Key Priorities for the Year 2024

"In 2024, our company will continue with the implementation of an ambitious investment program in all business segments, including further synergy with the petrochemical...

“NIS has concluded an oil transportation agreement with JANAF until the end of 2026”

The company Jadranski naftovod (JANAF) announced that it has entered into a new contract with Naftna industrija Srbije (NIS) for the transport of 10,000,000...

The revenue of NIS in the first nine months of 2023 has fallen by approximately 20 percent

The revenue of the Petroleum Industry of Serbia (NIS) in the first nine months of this year decreased by 20.1 percent to 304.1 billion...
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