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Serbia’s oil supply not at risk despite possible US sanctions on NIS

January 8, 2025

The General Secretary of the Association of Oil Companies of Serbia, Tomislav Mićović, reassured the public that even if the US were to impose...

NIS net profit drops 61% in Q2 due to Pancevo refinery overhaul and Petrohemija’s poor performance

July 30, 2024

Naftna Industrija Srbije (NIS) reported a 61% decrease in net profit to 5.3 billion dinars for the second quarter, primarily due to the overhaul...

Serbia’s economic update: GDP growth and industrial challenges

July 8, 2024

According to the latest report from Macroeconomic Analysis and Trends (MAT), Serbia's GDP grew by 4.3 percent in the first five months of this...

Pančevo oil refinery receives new integrated IPPC permit, reinforcing environmental standards leadership

July 1, 2024

The Pancevo oil refinery, part of the NIS company's processing complex, has been granted a new integrated IPPC permit, reaffirming its adherence to rigorous...

Pančevo oil refinery: A beacon of modernization and environmental excellence

May 31, 2024

Professor Dragan Govedarica, from the Faculty of Technology in Novi Sad, highlighted the recently completed overhaul of the Pančevo oil refinery as a significant...

Serbia’s ambitious oil refinery project: Balancing energy security and environmental concerns

May 17, 2024

Serbia's Minister of Mining and Energy, Dubravka Đedović Handanović, recently finalized a framework agreement with "China Energy International Group" to construct an oil processing...

China and Serbia to collaborate on oil refinery in Smederevo

May 15, 2024

A significant collaboration between China and Serbia is on the horizon with plans to construct an oil processing plant in Smederevo, valued at 2.4...

NIS invests heavily in environmental projects, boosts ecological image in Serbia

March 8, 2024

NIS, since 2009, has allocated up to 900 million euros to environmental projects and business initiatives, significantly impacting Serbia's ecological landscape, with over 130...

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