The ownership and sanctions uncertainty surrounding NIS extends beyond Serbia’s fuel market. NIS owns 90 per cent of HIP-Petrohemija, while the Serbian state retains the...
Serbia’s only operational oil refinery in Pančevo processed approximately 336,000 tonnes of crude oil in April 2026, according to data cited by domestic energy-sector sources,...
NIS and Petrohemija face losses due to sanctions, oil price drop, and costly inventories, but maintain supply stability and jobs.
Pančevo-based Petrohemija operated at significant...
Since the U.S. administration imposed energy sanctions on companies with Russian capital, including NIS, on January 10, little has been said about the future...
