The U.S. Department of the Treasury has delayed enforcement of sanctions against Serbia's Russian-controlled sole refiner NIS ...

Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...

Serbia may lose access to essential oil imports as of Friday, after discussions to stop the imposition by the United States of ...

"If you read the document on sanctions by the US regulatory body OFAC, we have changed the NIS ownership structure, and ...

Serbian oil company NIS, majority-owned by Russia's Gazprom Neft and Gazprom, is likely to get a last-minute, 30-day ...

Kavkazskaya is an entry point for Russian crude to the CPC, which runs from the Chevron-operated Tengiz field in Kazakhstan ...

The death toll in the collapse of a train station roof in Serbia,which has triggered months of anti-government protests, rose ...

Serbian oil company NIS, majority-owned by Russian Gazprom Neft and Gazprom, has submitted a second request to the U.S. for a ...

The U.S. Department of Energy said on Wednesday it approved Venture Global’s export permit request for its proposed CP2 LNG ...

Last month, Gazprom Neft transferred a 5.15% stake in NIS to to its parent company Gazprom, cutting its ownership stake to 44.85%. Gazprom was not targeted by the sanctions. Serbia's government is the ...

"Good news for the citizens of Serbia." The Biden administration in December announced it would impose sanctions on Serbian oil company Naftna Industrija Srbije, which is majority-owned by Russia's ...