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Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve

For the fourth time since April, the US Department of the Treasury has extended Serbian oil company NIS’s waiver from full sanctions implementation, pushing...

Serbia: NIS seeks extension of US sanctions license to continue operations beyond June 27

Serbian oil company NIS has submitted a new request to the US Department of the Treasury for a special license to extend the postponement...

Serbia: NIS faces supply struggles amid US sanctions pressure

Serbian oil company NIS is grappling with mounting challenges in securing crude oil from international suppliers, while facing a loss of domestic customers who...

Serbia: US delays sanctions enforcement against oil company NIS until 28 April

The United States Department of the Treasury has issued a special license temporarily delaying the enforcement of sanctions against Serbian oil company NIS until...

Serbia: NIS seeks removal from US sanctions list, requests license extension

Serbian oil company NIS has requested the US Treasury Department to remove it from the SDN (Specially Designated Nationals) list. While awaiting a response,...

Serbia: NIS launches 610 kW solar power plant at Pancevo refinery

A solar power plant with a total capacity of 610 kW (550 kW connected to the grid) has been built and is now operational...

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