Naftna Industrija Srbije, Serbia’s sole refiner and oil and gas producer that’s controlled by Gazprom’s oil arm, is set to face US and UK sanctions as soon as next month, Serbian President ...

The 55 approved projects represent an investment of approximately NIS 410 million, with the ministry contributing NIS 230 million toward these initiatives. The main approved projects include ...

Serbian oil company Naftna Industrija Srbije (NIS) faces financial sanctions from the United States as soon as next month because of its Russian ownership, Serbian President Aleksandar Vučić said late ...

For NIS, the sanctions meant limited access to external financing. Unable to rely on traditional Western banks, the company turned to Serbian, Russian, and Arab financial institutions.

The move is considered as the last-ditch option to avoid potential US sanctions against the company, Aleksandar Vucic says Belgrade is ready to purchase Russia's share in the Naftna Industrija Srbije ...

(Bloomberg) -- Naftna Industrija Srbije, Serbia’s sole refiner and oil and gas producer that’s controlled by Gazprom’s oil arm, is set to face US and UK sanctions as soon as next month, Serbian ...

Sarytogan Graphite has been granted a 25-year mining licence by the Kazakhstan Ministry of Industry and Construction for its graphite mine in the Karaganda region. Covering an area of 8.88km², the ...

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