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Results for "OFAC"

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OFAC Extends Lukoil's Operating License
Businessn1-serbiadanas6d ago2 sources

OFAC Extends Lukoil's Operating License

The Office of Foreign Assets Control (OFAC) has extended Lukoil's operating license. This decision allows the Russian oil company to continue its operations under the current sanctions regime.

NIS Seeks Extension of Operating License from OFAC
Politicsn1-serbiamkd-mk1mo ago2 sources

NIS Seeks Extension of Operating License from OFAC

NIS (Naftna Industrija Srbije) has formally requested an extension of its operating license from the U.S. Treasury Department's Office of Foreign Assets Control (OFAC). The company is seeking to continue its operations under the current sanctions regime.

JANAF's License for Oil Delivery to NIS Extended
Businessdanas1mo ago

JANAF's License for Oil Delivery to NIS 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).

Europe Must Transition from Observer to Architect in Global Changes
Worlddie-presse1mo ago

Europe Must Transition from Observer to Architect in Global Changes

The 23rd Coface Country Risk Conference highlighted that businesses and states face a period of profound changes, emphasizing Europe's need to move from being an observer to an architect in navigating geopolitical conflicts, economic uncertainties, and technological shifts.

US Licenses for Serbian Oil Company NIS Expire
Politicsdanas2mo ago

US Licenses for Serbian Oil Company NIS Expire

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.

Serbia-MOL Agreement on NIS: Key Decision Awaits OFAC Approval
Politicsdanas2mo ago

Serbia-MOL Agreement on NIS: Key Decision Awaits OFAC 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.

Romania Secures OFAC Permit for Lukoil Refinery Operations
Politicsromania-insider4mo ago

Romania Secures OFAC Permit for Lukoil Refinery Operations

Romania has officially received a permit from the Office of Foreign Assets Control (OFAC) to operate the Lukoil refinery. The announcement was made by the outgoing energy minister, ensuring the continuity of operations for the facility.

OFAC Extends JANAF License for NIS Oil Transport to Serbia
Politicsindex-hrn1-serbiadanas+1ukrinform4mo ago4 sources

OFAC Extends JANAF License for NIS Oil Transport to Serbia

The US Office of Foreign Assets Control (OFAC) has extended the license for Croatian oil pipeline operator JANAF to transport crude oil to Serbia's NIS until June 16. This decision allows the Serbian oil company, majority-owned by Russia's Gazprom Neft, to continue its operations.

OFAC Extends License for Russian Oil Giant Lukoil
Businessdanas4mo ago

OFAC Extends License for Russian Oil Giant Lukoil

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has reportedly extended a license for the Russian oil company Lukoil. This extension allows certain transactions with the company despite ongoing sanctions.

OFAC produžio dozvolu za rad NIS-u
Business5mo ago

OFAC produžio dozvolu za rad NIS-u

Kancelarija za kontrolu strane imovine (OFAC) američkog Ministarstva finansija produžila je licencu za rad Naftnoj industriji Srbije do 17. aprila 2026. godine.

Review: Shark FacialPro Glow + DePuffi Skincare Gadget
HealthThe Guardian6mo ago

Review: Shark FacialPro Glow + DePuffi Skincare Gadget

A review assesses the effectiveness of Shark’s new FacialPro Glow + DePuffi gadget, which promises to address various skin concerns from pore size to puffiness, questioning if an at-home hydrofacial device can truly replace professional salon treatments.

OFAC Extends NIS Operating License Until August 28
Politicsn1-serbiadanasn1-bih27d ago3 sources

OFAC Extends NIS Operating License Until August 28

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.

OFAC Extends Deadline for Lukoil Asset Sale Negotiations
Businessdnevnik-bgdanas1mo ago2 sources

OFAC Extends Deadline for Lukoil Asset Sale Negotiations

The Office of Foreign Assets Control (OFAC) has extended the deadline for negotiations regarding the sale of Lukoil's foreign assets. Lukoil has been granted an additional month to finalize the sale of its international holdings.

US Launches Extensive Strikes on Iran, Reimposes Sanctions After Hormuz Attacks
WorldBBCbloombergNYT+78FTle-mondewapoNPRAl Jazeeradr-dkFox Newsnrk+70 more1mo ago81 sources

US Launches Extensive Strikes on Iran, Reimposes Sanctions After Hormuz Attacks

The United States conducted a new wave of extensive strikes against dozens of targets in Iran and reimposed oil sanctions in response to Iranian attacks in the Strait of Hormuz. This escalation led to a rise in oil prices and a promise of a 'decisive' response from Tehran.

US Extends License for Serbian NIS Oil Company
Politicsmkd-mk1mo ago

US Extends License for Serbian NIS Oil Company

The US Office of Foreign Assets Control (OFAC) has extended the operating license for Serbia's NIS oil company for another 30 days until July 31, allowing the Pančevo refinery to continue processing crude oil.

US Extends NIS Operating License Until July 31
Businessindex-hrn1-serbiadanas1mo ago3 sources

US Extends NIS Operating License Until July 31

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.

US Extends NIS License as Serbia and MOL Sign Agreement
Politicstelexhvgindex-hr+5n1-serbiadnevnik-bgjutarnji-listdanasvijesti-me2mo ago8 sources

US Extends NIS License as Serbia and MOL Sign Agreement

The US Office of Foreign Assets Control (OFAC) has extended NIS's operating license until July 1, while Serbia and MOL have signed an agreement regarding NIS. MOL has expressed interest in becoming the majority owner of NIS to ensure its further development.

Serbia-MOL Agreement on NIS Raises Questions Among Experts
Businessn1-serbiadanas2mo ago2 sources

Serbia-MOL Agreement on NIS Raises Questions Among Experts

An agreement between Serbia and MOL regarding NIS has been met with skepticism from experts, who question its guarantees for the sale's realization and the long-term commitment to the refinery's operation. Key issues about NIS remain unanswered, with some suggesting the deal is insignificant without Moscow's approval and OFAC's consent.

NIS Seeks New US License to Continue Operations Post-June 16
Politicsn1-serbiadnevnik-bgdanas+2naftemporikivijesti-me2mo ago5 sources

NIS Seeks New US License to Continue Operations Post-June 16

Serbia's oil company NIS has applied for a new special license from the US Office of Foreign Assets Control (OFAC) to continue its operations beyond June 16. This request is crucial for the company's ongoing business activities.

MOL Receives Extension for NIS Acquisition Talks
Worldtelexhvgn1-serbia+3danasiefimeridacdm-me2mo ago6 sources

MOL Receives Extension for NIS Acquisition Talks

Hungarian oil and gas company MOL has received an extension from OFAC to continue negotiations for the acquisition of Russian-owned Serbian oil company NIS until June 16. This allows MOL more time to finalize the deal.

Expert warns global economy is 'living beyond its means'
Financetvn243mo ago

Expert warns global economy is 'living beyond its means'

Dr. Mateusz Dadej, chief economist at Coface in Poland and Central-Eastern Europe, warned that the global economy is generally 'living beyond its means.' He highlighted that the world consumes significantly more fuel than it produces, raising concerns about sustainability.

OFAC Extends Operational License for Serbia's NIS
FinanceFox Newsn1-serbiajutarnji-list+2danasvijesti-me4mo ago5 sources

OFAC Extends Operational License for Serbia's NIS

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.

US Eases Sanctions, Temporarily Authorizes Sale of Iranian Oil
BusinessbloombergCNNtelex+1dnevnik-bg5mo ago4 sources

US Eases Sanctions, Temporarily Authorizes Sale of Iranian Oil

The U.S. Office of Foreign Assets Control (OFAC) has temporarily permitted the purchase, sale, delivery, and unloading of Iranian oil loaded before March 20, with the Trump administration easing sanctions on certain Iranian oil stockpiles.

We Watched 'The Odyssey' So You Don't Have To!
Culturezerohedge1mo ago

We Watched 'The Odyssey' So You Don't Have To!

We Watched 'The Odyssey' So You Don't Have To! Submitted by blueapples on X via ashesofacacia.substack.com, After watching The Odyssey (don't worry, I pirated it), all I can say is that…

US Revokes Iran Oil Sanctions Waiver Amid Tensions Over Tanker Attacks
Worlddanas1mo ago

US Revokes Iran Oil Sanctions Waiver Amid Tensions Over Tanker Attacks

The US Office of Foreign Assets Control (OFAC) revoked a license allowing trade in Iranian oil, following attacks on three tankers in the Strait of Hormuz. This move comes as the US had previously revoked a license allowing Iran to sell its oil, which Iran condemned as a violation of an MoU.

US Extends Operating License for Serbia's NIS
Worldjutarnji-list2mo ago

US Extends Operating License for Serbia's NIS

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.

Scientists Study Wild Animals in Brno, Czech Republic
Environmentirozhlas2mo ago

Scientists Study Wild Animals in Brno, Czech Republic

Scientists from Mendel University and Masaryk University in cooperation with SocioFactor have completed a three-year study on wild animals living in the city of Brno, Czech Republic. Their findings reveal that the city is home to dozens of animal species.

Serbia and MOL Reach Agreement on NIS Shareholder Deal
Worldindex-hrn1-serbiadnevnik-bg+4jutarnji-listdanasn1-bihhungary-today2mo ago7 sources

Serbia and MOL Reach Agreement on NIS Shareholder Deal

Serbia and Hungarian oil and gas company MOL have reached a 'compromise' agreement regarding the shareholder structure of NIS, a Serbian oil company. The deal, which involves an additional five percent of shares for Serbia, now awaits approval from Gazprom Neft, MOL, and the American administration.

MOL Seeks Extension for NIS Serbia Acquisition
Worldtelexhvgn1-serbia+1danas2mo ago4 sources

MOL Seeks Extension for NIS Serbia Acquisition

Hungarian oil and gas company MOL has requested an additional 30-day extension from the US Office of Foreign Assets Control (OFAC) to finalize its acquisition of a stake in Serbian oil company NIS. This marks another delay in the deal's closure.

Mimović Claims Russian Acceptance, OFAC Clearance for NIS Bid
Financen1-serbiadanasvijesti-me3mo ago3 sources

Mimović Claims Russian Acceptance, OFAC Clearance for NIS Bid

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.

Climate Report: Europe Warming Fastest Among Continents
EnvironmentThe GuardianAl Jazeeradr-dk+36nrknzzyle-uutisetnosruvtagesschauaftonbladetberlingske+28 more4mo ago39 sources

Climate Report: Europe Warming Fastest Among Continents

A new report by Copernicus and the World Meteorological Organization reveals that Europe is warming at twice the global average, making it the fastest-warming continent. The report details severe consequences, including marine heatwaves and melting glaciers.

Palantir's Pro-West Manifesto Draws 'Technofascism' Accusations
PoliticsThe GuardianAl Jazeeraklix-ba4mo ago3 sources

Palantir's Pro-West Manifesto Draws 'Technofascism' Accusations

Palantir's recently published pro-Western manifesto has sparked significant controversy, with critics accusing the company of promoting 'technofascism.' The document has raised alarms and concerns, particularly regarding its implications for government contracts.

Verdict in Robbery Case of Dinamo Legend's Wife
Politicsjutarnji-list5mo ago

Verdict in Robbery Case of Dinamo Legend's Wife

A verdict has been delivered at the Zagreb County Court for Milan Krištofac and Leopold Jozić, who were involved in the 2022 robbery of Ana Zambata, wife of legendary Dinamo player Slaven Zambata.