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NIS and Petrohemija face losses amid sanctions and market challenges, maintain fuel supply and jobs

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...

Impact of U.S. sanctions on NIS and Petrohemija: Challenges and future prospects

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...

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

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...
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