A new diplomatic battle

25.April 2025. IN THE

Serbia is asking the US to extend the license and suspend sanctions against NIS

NIS requested a new special license from the US OFAC to avoid a complete shutdown of operations. The Ministry of Energy says that the application of sanctions would be a blow to the entire region, and a solution to this issue is expected through direct talks at the highest level - in Moscow and Washington.

The oil industry of Serbia

09.April 2025. Ma. J.

American sanctions: OMV and Eko stopped buying fuel from NIS

The Serbian oil company NIS is struggling to get oil from traders abroad. In Serbia, its former clients are looking for alternative fuel suppliers because US sanctions pending activation have already affected business, sources familiar with the situation told Reuters.

Sanctions to NIS

26.February 2025. TS

From the left to the right pocket: The ownership structure of NIS has changed

A day before the sanctions against NIS were supposed to come into force, the ownership structure in this company was changed. Russia's Gazprom Neft has reduced its stake by six percent, but the question is whether this will satisfy the US, which is demanding that the Russians leave NIS

Gas pipeline

Energy Industry

16.November 2024 TS

After half a century, Russia stops supplying gas to Austria

Due to the dispute between the companies OMV and Gazprom, Russia will stop supplying gas to Austria from Saturday. The Austrian chancellor claims that there is no reason to worry and that the country's gas storages are full