Protected: Serbia: GazpromNeft NIS company reported profits after 3Q 2015

A potential MOL acquisition of a majority stake in Serbia’s NIS remains unresolved as an October deadline approaches, even after a new US authorisation that allows negotiations to continue until 30 October. The US authorisation extends the timeframe for...

Serbia’s NIS has received a further US licence extension that allows operations to continue through 30 October. The extension provides additional operating certainty for the country’s only oil refinery while ownership negotiations remain under way. It also supports production...

Serbia’s EPS and Srbijagas have agreed with Azerbaijan’s SOCAR to set up a joint venture for a planned 500 MW combined-cycle gas power plant in Niš. The arrangement is intended to advance preparations ahead of a final investment decision....