Serbia must halt operations at its NIS oil refinery after Washington denied its license, risking the nation's fuel supply, according to President Vučić. Serbia failed to secure a United States ...

Belgrade sets deadline for Russia’s Gazprom and Gazprom Neft to find a buyer for the mainly Russian-owned oil company NIS, which the US sanctioned over the Ukraine war. The NIS company logo in ...

Serbia is willing to pay a premium to regain control of oil refiner NIS AD as it seeks ways to unshackle the Russian-owned company from crippling US sanctions, President Aleksandar Vucic said on ...

Belgrade (AFP) – Serbia's president on Sunday said he wanted to avoid the "confiscation" of Russian shares in Serbian oil company NIS "at all costs", as his country seeks an exit from crippling US ...

The steadfast US stance on sanctions against Serbia’s sole refiner, NIS AD, has left Belgrade facing a stark choice: seize the company from Russia, or risk running out of crude, said Energy Minister ...

The records of the National Insurance Scheme (NIS) are expected to be digitized in the next eight months, President Irfaan Ali yesterday announced. “I have given the Minister of Finance a direction ...

Russian owners have agreed to sell their shares in Serbia’s Naftna Industrija Srbije (NIS) after the major oil and gas company was slapped with Western sanctions. Russia’s state-controlled company ...

Russia-owned Naftna Industrija Srbije (NIS) has halted crude processing as U.S. sanctions choke oil flows to Serbia, triggering fears of a fuel shortage ahead of winter. A shipment of roughly one ...

LONDON/BELGRADE, Oct 24 (Reuters) - U.S. sanctions on Russian-owned NIS have prevented the Serbian oil group from receiving a crude cargo that could have bought time for Serbia's sole refinery, which ...

STAKEHOLDERS have largely welcomed the Government’s proposed National Insurance System (NIS) reforms in the budget, describing them as long overdue but necessary steps to ensure the fund’s long-term ...

(Trinidad Guardian) Finance Minister Davendranath Tancoo announced a phased increase in National Insurance contributions to protect the fund from insolvency and preserve benefits for future ...

Serbia’s oil system came under immediate strain Thursday after Washington let a sanctions waiver for Naftna Industrija Srbije (NIS) lapse, exposing the Gazprom Neft-linked refiner to U.S. measures and ...