Tag: Naftna Industrija Srbije

U.S. sanctions bite at Russia-owned oil refinery in Serbia

World News Emmanuel -
Serbia faces a growing energy crisis after U.S. sanctions targeted its main oil company, Naftna Industrija Srbije, majority-owned by...

Russian firms exit Serbian Oil company amid intensifying US sanctions

World News Emmanuel -
Russian state-owned enterprises have agreed to divest from Serbia’s largest oil and gas company, Naftna Industrija Srbije (NIS), following...