Serbian Minister of Mining and Energy, Dubravka Đedović Handanović, stated that finding a solution for the Naftna industrija Srbije (NIS) is a more significant issue than the current low water levels affecting energy production.
Serbian President Aleksandar Vučić announced that he expects an agreement on Naftna Industrija Srbije (NIS) to be finalized in the coming days and stated his intention to hold discussions with Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orbán.
The daily newspaper Danas reports that Serbia's extension of the operational license for Naftna Industrija Srbije (NIS) is more crucial now than ever before.
Economists suggest that the issue of Naftna industrija Srbije (NIS) and its majority Russian ownership should be resolved quickly, potentially through nationalization, rather than waiting for the end of the war in Ukraine.
The United States has extended the operating license for Serbia's Naftna Industrija Srbije (NIS) until July 31. This decision was confirmed by OFAC and Serbian officials, allowing the company to continue its operations.
Shareholders of Naftna industrija Srbije (NIS) have approved a decision to cover the company's losses for 2025 using profits accumulated in earlier years.
The United States has once again extended two licenses for Naftna industrija Srbije (NIS), allowing for its operational work and negotiations regarding changes to its Russian ownership.
Aleksandar Milošević, editor of Nova ekonomija, stated that Serbia continues to face issues with Naftna Industrija Srbije (NIS), with its future largely dependent on an agreement between Russia and Hungary.
Two licenses from the US Office of Foreign Assets Control (OFAC) for Naftna Industrija Srbije (NIS), covering operational work and negotiations between MOL and Gazprom Neft, are set to expire tonight.
While the Serbian government and MOL have reached an agreement on acquiring a majority stake in Naftna Industrija Srbije (NIS), the ultimate fate of the company is reportedly being shaped by Russia and Hungary, with political considerations playing a significant role.
Serbia's Minister of Energy, Dubravka Đedović Handanović, stated that negotiations for the sale of Naftna Industrija Srbije (NIS) are progressing well. She emphasized that Serbia is not, and will not be, a stumbling block in the complex discussions.
Serbian Minister Đedović Handanović stated that MOL's request for additional time in negotiations with Gazprom Neft indicates confidence in reaching an agreement on the future of Naftna Industrija Srbije (NIS).
The courtyard and guesthouse of a monastery, which had been owned by Naftna Industrija Srbije (NIS) since the 1960s and used for offices, were returned to the Banat Eparchy on May 11.
As of May 22, no agreement has been reached regarding the sale of Naftna industrija Srbije (NIS), with expert forecasts remaining pessimistic about the outcome.
Reports indicate that two individuals have made an offer of two billion, presumably in currency, for Naftna Industrija Srbije (NIS). The nature and specifics of this potential acquisition or investment remain to be fully disclosed.
Businessman Mimović has stated that his offer to purchase Serbia's Naftna Industrija Srbije (NIS) has been accepted in principle by the Russians. He also claims to have received a positive opinion from OFAC regarding the deal, assuring the Pancevo refinery will remain open.
There is public interest in acquiring shares of Naftna Industrija Srbije (NIS), with individuals expressing a desire to purchase parts of the company. This sentiment suggests a potential public engagement with the energy sector.
Naftna industrija Srbije (NIS) announced that it maintained its EBITDA at 11 billion dinars in the first quarter of this year, achieving profit and preserving business stability.
Lazar Šestović, a World Bank economist for Serbia, stated that resolving the ownership of Naftna industrija Srbije (NIS) is a key issue for the country's economic growth, security, foreign direct investments, and industrial production. He emphasized its significant influence on the national economy.
Discussions are ongoing regarding the uncertain future of Naftna Industrija Srbije (NIS), particularly concerning its arrangement with MOL. Experts suggest that the uncertainty surrounding the company's fate is likely to continue.
Naftna industrija Srbije (NIS), a Serbian oil company, has submitted an application to the US Treasury Department for a new operating license, as its current license is set to expire on April 17.
Serbian Minister of Mining and Energy, Dubravka Đedović Handanović, met with the Board of Directors of Naftna industrija Srbije (NIS) to discuss increased oil processing, refinery operations, and ensuring regular fuel supply, stating that the state has managed to keep fuel prices stable.
The deadline set by the US Office of Foreign Assets Control (OFAC) in December for Russians to negotiate the sale of their stake in Serbia's Naftna industrija Srbije (NIS) expires tonight, March 24, according to local time.
Private gas station owners in Serbia state that limited retail margins on diesel and petrol are only viable if fuel is purchased from Naftna Industrija Srbije (NIS), which has lowered wholesale prices, otherwise they incur losses.
Serbia's State Secretary for Mining and Energy, Jovana Joksimović, announced ongoing intensive discussions regarding the Naftna Industrija Srbije (NIS) oil company, including a potential increase in Serbia's ownership stake.
The Office of Foreign Assets Control (OFAC) has extended the operating license for Naftna Industrija Srbije (NIS) until August 28, allowing the company to continue operations and crude oil processing, while Serbian President Vučić announced talks with Putin and Magyar.
Naftna Industrija Srbije (NIS), Serbia's largest oil company indirectly controlled by Russia through Gazprom and Gazpromneft, has finalized an agreement to sell its Romanian subsidiary, NIS Petrol, which includes a network of 19 gas stations.
Serbia is reportedly balancing its relations with Russia, particularly concerning the situation with Naftna Industrija Srbije (NIS), as it navigates international tensions.
Serbian Minister Đedović Handanović stated that all parties are losing patience in the negotiations regarding Naftna Industrija Srbije (NIS), emphasizing that Serbia has done everything within its power.
Negotiations between Hungarian oil company MOL and Serbia's Naftna Industrija Srbije (NIS) are reportedly being prolonged, coinciding with the expiration of NIS's US operating license.
Kremlin spokesman Dmitry Peskov confirmed that Russia is considering selling its majority stake in Naftna Industrija Srbije (NIS), Serbia's national oil company.
Serbian Minister of Mining and Energy, Đedović Handanović, met with Serbian board members of Naftna industrija Srbije (NIS) to discuss ongoing risks to the company and efforts to remove it from OFAC sanctions.
The US Treasury Department's Office of Foreign Assets Control (OFAC) has extended the operating license for Serbia's Naftna industrija Srbije (NIS) for an additional 15 days.
An agreement regarding the sale of Naftna industrija Srbije (NIS) between MOL and Gazpromneft is nearing a final deadline on May 16, with the prospect of a deal already contributing to a drop in oil prices.
Broker and financial analyst Nenad Gujaničić stated that Serbia's announcement to purchase five percent of Naftna industrija Srbije (NIS) shares is populist, noting that the country has not even utilized its rights with its existing 30 percent stake.
A new deadline has been set for Hungarian oil and gas company MOL to complete negotiations with Russian parties regarding the sale of their majority stake in Serbia's Naftna Industrija Srbije (NIS), raising questions about the future of the Pančevo refinery.
MOL's request for more time in negotiations with Gazpromneft indicates confidence in reaching an agreement on the future of Naftna Industrija Srbije (NIS), while the government remains silent on Ranko Mimović's proposal.
A deadline set by the US Office of Foreign Assets Control (OFAC) is approaching for the conclusion of negotiations between Gazprom Neft and Hungary's MOL regarding the sale of Russia's stake in Serbia's Naftna Industrija Srbije (NIS).
The deadline set by the US OFAC for the sale of Russia's stake in Naftna industrija Srbije (NIS) is approaching on May 22, raising questions about the company's future if no agreement is reached.
Negotiations regarding the potential sale of Naftna Industrija Srbije (NIS) are entering their final phase, with a deadline approaching for a decision on the company's future. Discussions are ongoing about the most realistic scenario for NIS.
Ranko Mimović, owner of KFT Senator Treasury G.T.7 Dva DOO, stated that his offer to purchase a majority stake in Naftna industrija Srbije (NIS) from Russian firm Gazprom Neft is 'gentlemanly' and that he possesses the necessary capital in banks.
Ranko Mimović has submitted an offer to purchase a stake in Naftna Industrija Srbije (NIS), prompting scrutiny over his credibility and financial standing. His past includes prison time in Slovenia and involvement in the 'spice affair' in Croatia, leading to questions about the legitimacy of his bid.
A newly established Serbian company's €2 billion offer for Russian shares in Naftna Industrija Srbije (NIS) is seen by analysts as a move to potentially inflate NIS's price during negotiations with MOL.
Serbian President Aleksandar Vucic announced that the timing of upcoming elections is contingent upon the outcome of ongoing negotiations regarding the sale of Naftna Industrija Srbije (NIS).
Serbia is engaged in negotiations with Hungarian oil and gas company MOL concerning Naftna Industrija Srbije (NIS). Discussions are centered on defining Serbia's 'red lines' and leveraging its main ad
The Higher Public Prosecutor's Office in Belgrade has proposed that six employees of Naftna industrija Srbije (NIS) be detained on suspicion of stealing fuel from a tanker, citing concerns they might influence witnesses or repeat the offense.
Seven employees of Naftna Industrija Srbije (NIS) have been arrested on suspicion of committing embezzlement in the course of their economic activities, the Ministry of Internal Affairs announced.
The extension of the deadline for Gazpromneft and MOL to finalize their agreement on the sale of a majority stake in Serbia's Naftna Industrija Srbije (NIS) continues to create uncertainty, which is least favorable for Serbia.
Naftna industrija Srbije (NIS) announced a net loss of 5.6 billion dinars at the group level for the past year, according to its financial report for 2025 (likely a typo for 2023 or 2024).
Serbian President Aleksandar Vučić stated that Serbia has invested heavily in maintaining good relations with Russia and expressed his unhappiness when Russian majority owners of Naftna industrija Srbije (NIS) sold their stake to Hungarians instead of Serbia after US sanctions.
Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto announced that negotiations regarding Naftna Industrija Srbije (NIS) are progressing well, with Russian owners and MOL reaching an agreement.
The Office of Foreign Assets Control (OFAC) has extended the operating license for Naftna Industrija Srbije (NIS) until August 28. This extension follows an announcement by Serbian President Vučić regarding discussions with Russian President Putin concerning NIS.
Serbian President Aleksandar Vučić stated in a Financial Times interview that the fate of Naftna Industrija Srbije (NIS) is being decided in Washington, and Serbia received a 'friendly warning' that its exemption from sanctions might not be extended.
Jadranski naftovod (JANAF) announced that its license from the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has been extended, allowing it to continue contractual obligations for oil delivery to Naftna Industrija Srbije (NIS).
Brokerage expert Branislav Jorgić stated that the extension of the license for Naftna industrija Srbije (NIS) remains uncertain, with potential sanctions possible as early as July 2 if it is not extended.
Serbian opposition leader Dragan Đilas stated that Hungarian oil and gas company MOL would be the worst possible buyer for Naftna Industrija Srbije (NIS). He reiterated his concern that MOL's acquisition would be detrimental.
Aleksandar Milošević, editor of Nova ekonomija, stated that the agreement between Serbia and Hungarian MOL concerning the future of Naftna industrija Srbije (NIS) does not yet resolve all issues.
Serbia's Minister of Mining and Energy, Dubravka Đedović Handanović, signed an agreement with the Hungarian MOL group, outlining future management rules for Naftna Industrija Srbije (NIS) should MOL acquire a majority stake from Russian owners, pending US approval.
While the Serbian government and MOL have reached an agreement on acquiring a majority stake in Naftna Industrija Srbije (NIS), the ultimate fate of the company is reportedly being shaped by Russia and Hungary, with political considerations playing a significant role, and a crucial decision from OFAC is still pending.
Economist Goran Radosavljević stated that June 16 is not the final deadline for resolving the situation around Naftna industrija Srbije (NIS), and negotiations could extend until the end of the year.
The deadline set by the US administration for resolving the issue of Russian ownership in Naftna industrija Srbije (NIS) is approaching on June 6, with uncertainty persisting.
Ranko Mimović, director and owner of KFT Senator Treasury G.T.7 Dva, has sent an irrevocable letter of intent to Gazprom's CEO, Aleksey Miller, to purchase Gazprom and Gazpromneft's entire ownership in Naftna Industrija Srbije (NIS).
Serbian Minister Dubravka Đedović Handanović expressed optimism for a satisfactory outcome in negotiations with Hungarian company MOL regarding the purchase of Russia's stake in Naftna Industrija Srbije (NIS), emphasizing that NIS must maintain its dominant position in the Serbian market and that positions have been brought closer.
The deadline for the change of ownership of Naftna industrija Srbije (NIS) is approaching, with discussions expected on Friday regarding the future of the Serbian oil company.
Serbia's Energy Minister stated the country remains dissatisfied with MOL's revised proposal concerning its stake in Naftna Industrija Srbije (NIS). Despite ongoing negotiations, Serbia is pushing for greater control and a more favorable agreement.
The ownership of Naftna industrija Srbije (NIS) is in question as negotiations with Hungarian oil and gas company MOL are underway. The outcome of these talks will determine if NIS changes hands.
Ranko Mimović, a businessman who offered two billion euros for the majority Russian ownership in Naftna Industrija Srbije (NIS), is unknown in Serbia but has a controversial past in Slovenia and Croatia, including imprisonment and involvement in the 'spice affair'.
A discussion has emerged regarding who is behind the offer to buy Naftna industrija Srbije (NIS) and whether an individual who has closed multiple companies and had a temporary PIB revocation can lead such an enterprise.
Energy expert Željko Marković expressed skepticism that the final agreement for MOL's acquisition of the Russian stake in Naftna Industrija Srbije (NIS) will be reached by the deadline, stating that the delays are detrimental to the company.
The U.S. Office of Foreign Assets Control (OFAC) has extended the operational license for Naftna Industrija Srbije (NIS) for an additional 60 days, now valid until June 16. This extension was confirmed by a minister.
Naftna industrija Srbije (NIS) has submitted an application to the US Treasury Department for a new operating license, as its existing license is set to expire on April 17.
The Serbian transport company Lasta has reportedly suspended regular bus services in Valjevo and its surroundings after Naftna Industrija Srbije (NIS) halted fuel deliveries due to Lasta's outstanding debts.
The US Office of Foreign Assets Control (OFAC) has extended MOL's license to negotiate the acquisition of a majority stake in Serbia's Naftna industrija Srbije (NIS) until May 22, 2026, following the passing of the deadline for Russians to divest their shares.
Serbian President Aleksandar Vučić stated that the energy situation is difficult and complicated, partly due to expiring deadlines for Naftna Industrija Srbije (NIS) concerning American sanctions, and expects a decision from OFAC on license extension soon.
Serbia's real gross domestic product (GDP) increased by approximately 1.3 percent year-on-year in January 2026, but this growth was reportedly 'eaten up' by the crisis involving the Naftna Industrija Srbije (NIS) company.
Dušan Nikezić, Vice President of the Party of Freedom and Justice (SSP), criticized the government's plan to sell Naftna Industrija Srbije (NIS) to Hungarian company Mol, stating that Hungary has run out of oil.