Petroleum Industry of Serbia

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Djedovic Handanovic: Serbia to Purchase Five Percent of NIS Shares from the Hungarians

Everything that is majority-owned by Gazprom Neft, including Petrohemija, will be regulated through a sales and purchase agreement.

12:52Pre 116 d22.01.2026.

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Djedovic Handanovic: MOL and Gazprom Reach Agreement on NIS Contract

MOL and Gazprom Neft have agreed on the key provisions of a future purchase and sale agreement for NIS, which will be submitted to the U.S. administration for decision-making, said Minister of Mining and Energy Dubravka Djedovic Handanovic.

16:25Pre 118 d19.01.2026.

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Peter Szijjarto: MOL Seeks Majority Ownership in NIS

Minister of Mining and Energy Dubravka Djedovic Handanovic stated, following a meeting with Hungary’s Minister of Foreign Affairs and Trade Peter Szijjarto, that they discussed negotiations between the Russian owners of NIS and MOL, as well as several other potential partners.

12:28Pre 123 d15.01.2026.

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NIS Secures Crude Oil Imports via JANAF

The company NIS has arranged the import of initial quantities of crude oil via the Adriatic Pipeline (JANAF) for the needs of the Pancevo Refinery, which will enable the resumption of production at the Pancevo Oil Refinery.

16:58Pre 128 d09.01.2026.

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NIS: Shutdown of Facilities at the Pancevo Oil Refinery Has Begun

The shutdown of production facilities at the Pancevo Oil Refinery has begun due to a shortage of crude oil for processing, which has arisen as a consequence of the sanctions imposed on NIS by the U.S. Department of the Treasury, the company announced.

18:19Pre 166 d02.12.2025.

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Vucic: We Did Not Receive a Positive Decision from the U.S. Regarding NIS

Serbian President Aleksandar Vucic stated that Serbia did not receive a positive decision from the United States regarding NIS and that the state has granted permission to shut down the refinery in Pancevo. He said that there are sufficient reserves of all oil derivatives until the end of January.

16:26Pre 166 d02.12.2025.

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Djuric in Washington with U.S. Deputy Secretary of State Landau, discussions also covered NIS

Minister of Foreign Affairs Marko Djuric met in Washington, during his visit to the USA, with Deputy Secretary of State Christopher Landau, and one of the topics discussed was the preservation of the country’s energy security and the functioning of the Petroleum Industry of Serbia (NIS).

11:01Pre 167 d02.12.2025.

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Vucic: OFAC could grant a license to NIS, but we are waiting for the State Department’s decision

President of Serbia Aleksandar Vucic stated that he has information indicating that OFAC could make a positive decision regarding granting a license to the Serbian Oil Industry (NIS) to continue the company’s operations, but that the decision of the U.S. State Department is still pending.

17:19Pre 171 d27.11.2025.

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Brnabic: Several Solutions for NIS Already Prepared

Speaker of the National Assembly of Serbia Ana Brnabic said she believes that during the meeting between President Aleksandar Vucic and Chairman of the Gazprom Management Board Aleksandr Dyukov, the Russian side will accept one of the proposed solutions regarding NIS.

15:44Pre 171 d27.11.2025.

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Brnabic: We are submitting an amendment to the Budget Law that opens the possibility for Serbia to take over NIS

The President of the National Assembly of Serbia, Ana Brnabic, stated that an amendment to the Budget Law will be proposed in the Serbian Parliament that will define the circumstances under which Serbia would have to take over NIS.

14:01Pre 172 d26.11.2025.

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NIS: Preparations Begin for Shutdown of Operations at the Pancevo Oil Refinery

The Petroleum Industry of Serbia (NIS) announced that, due to a shortage of crude oil for processing, caused by sanctions imposed on NIS by the U.S. Department of the Treasury, the Pancevo Oil Refinery is beginning preparations to halt operations.

14:15Pre 173 d25.11.2025.

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Vucic Calls on OFAC to Grant Serbia a License: The Pancevo Refinery Is in "Silent Operation"

Serbian President Aleksandar Vucic stated that the NIS refinery in Pancevo has not been shut down yet, but has shifted to a lower operational mode, so-called "silent operation".

12:12Pre 174 d25.11.2025.

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Mining and Energy Minister Meets with Oil Companies: Priority Is the Supply of Domestic Market with Derivatives

Minister of Mining and Energy Dubravka Djedovic Handanovic met with representatives of oil companies that are the largest importers of petroleum products in Serbia, stressing that the state’s priority is to ensure a reliable and balanced supply of the domestic market with oil derivatives.

09:02Pre 174 d25.11.2025.

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Government of Serbia After Emergency Session: There Is Enough Supply of All Petroleum Products

The Government of the Republic of Serbia held an emergency session to discuss the country’s energy situation.

15:38Pre 174 d24.11.2025.

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Vucic: Russians Are Negotiating with Three Partners on Selling Their Stake in NIS

President of Serbia Aleksandar Vucic stated that he is aware of three partners with whom the Russians are negotiating the sale of their stake in the Petroleum Industry of Serbia (NIS), and that he hopes they will complete the transaction.

14:02Pre 178 d20.11.2025.

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