Serbia backs talks on sale of NIS to Hungary’s MOL – energy minister
Đedović Handanović has confirmed that Russian shareholders are negotiating the sale of their stake in Serbia-based oil company NIS to MOL
Croatian power utility HEP to borrow EUR 400 million
Although the 2021-2023 global energy crisis has ended, its consequences will be felt for a long time to come
Fearful about oil sanctions, Serbia’s Vučić seeks support from EU leaders
Facing NIS's imminent halt due to US sanctions, President Aleksandar Vučić met with EU leaders António Costa and Ursula von der Leyen
MOL in talks about possibility of purchasing stake in Serbian NIS
Hungarian MOL is discussing the possibility of acquiring a stake in Serbian oil refiner NIS, which is under US sanctions due to Russian ownership
Vučić: Serbia ready to offer premium to buy oil company NIS from Russia
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
Serbia deciding whether to nationalize Gazprom-owned oil company NIS
The Government of Serbia is about to decide whether to nationalize oil refiner and fuel distributor NIS, owned by Russia's Gazprom
Romania to take control of Lukoil’s assets
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
US torpedoes Lukoil’s deal to sell its overseas business to Gunvor
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