NIS
org_company
NIS is a Serbian energy company involved in oil exploration, production, and refining, with a major refinery in Panchevo. It has been subject to U.S. sanctions since October 2025, following efforts by the U.S. to pressure for the complete exit of Russian shareholders. The company's operations have been sustained through licenses renewed by the U.S. Treasury's Office of Foreign Assets Control (OFAC), allowing it to continue functioning under sanctions. In June 2026, Serbia and Hungarian oil company MOL agreed on management arrangements for NIS after the departure of Russian investors, with ong…
Recent coverage
- Main news for early July 1st — Коммерсантъ
- US Treasury extends license for Serbian NIS by 30 days — Коммерсантъ
- US Treasury extends NIS operating license until July 31 — Ведомости
- US extends operating license for sanctioned company NIS until July 31 — Вести
- Russia Discussed with Serbia Sale of Gazprom's Share in NIS — Коммерсантъ
- Peskov: Russia had contacts with Belgrade regarding NIS actions — Ведомости
- Kremlin Reports Commercial Contacts with Serbia over Energy Company NIS — Интерфакс
- US extends NIS operational license by 15 days — Ведомости
- US extends Serbia's NIS license until July 1 — Коммерсантъ
- OFAC extends operating license for Serbian NIS until July 1 — Интерфакс
- Serbian Authorities and Hungarian MOL Sign Deal to Buy Russia's Share in NIS — Ведомости
- Serbian Authorities and MOL Confirm Conditions for Sale of Russian Share in NIS — Коммерсантъ
- Vucic Expects MOL and 'Gazprom Neft' to Receive Another 15 Days for Negotiations on NIS Deal — Интерфакс
- Serbia and Hungarian MOL sign agreement on future management of NIS — Интерфакс