11 December 2025 - Facing NIS's imminent halt due to US sanctions, President Aleksandar Vučić met with EU leaders António Costa and Ursula von der Leyen
27 November 2025 - Hungarian MOL is discussing the possibility of acquiring a stake in Serbian oil refiner NIS, which is under US sanctions due to Russian ownership
16 November 2025 - If talks with potential investors fail, Serbia should offer a better price for NIS but, in any case, the refinery must work, President Aleksandar Vučić said
15 November 2025 - The Government of Serbia is about to decide whether to nationalize oil refiner and fuel distributor NIS, owned by Russia's Gazprom
12 November 2025 - Romania wants to take control of Lukoil's operations to get an exemption from US sanctions. It's unclear whether the government would nationalize the assets
07 November 2025 - The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil
07 November 2025 - The European Union Agency for the Cooperation of Energy Regulators (ACER) warned of potential signs of manipulation in Greece's DAM
30 October 2025 - Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist
28 October 2025 - Lukoil operates oil refineries in Bulgaria and Romania, as well as fuel retail chains across the region
24 October 2025 - Balkan Green Energy News asked the European Commission to clarify if the supply of Russian gas to Serbia and BiH would be halted as of January 1, 2026
21 October 2025 - Hungary and Slovakia oppose the Russian gas ban, but the Energy Council envisages exceptions for EU states and even the Western Balkans
21 October 2025 - Serbia is in a very difficult situation because, as of January 1, 2026, it won’t be able to receive Russian natural gas via Bulgaria, according to the Ministry of Mining and Energy