Gazprom Neft cuts stake in Serbia’s NIS

Gazprom Neft transfers NIS stake amid US sanctions
Russian oil producer Gazprom Neft has transferred around 5.15% of its shares in Serbian oil and gas company NIS to parent company Gazprom in response to US sanctions, reported Reuters. The move aims to prevent disruptions in Serbia's crude oil supply by complying with the sanctions imposed on Russia's oil sector on 10 January,
Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom
Russia's Gazprom Neft transferred stakes of around 5.15% in Serbia's NIS oil company to Gazprom, in an attempt to ward off U.S. sanctions that could result in crude supply cuts for the Balkan country.
Gazprom Neft transfers 5.15% stake in Serbia's NIS to parent Gazprom
February 26 (SeeNews) - Russia's oil major Gazprom Neft has transferred a 5.15% stake in Serbia's oil and gas group NIS [ BEL:NIIS] to its parent Gazprom, bourse filings by the two Russian companies showed on Wednesday, a day before U.S. sanctions against Serbia's sole refiner are set to come into effect.
Gazprom Neft transfers 5.15% of shares in Serbian NIS to Gazprom
Gazprom Neft has transferred 5.15% of the shares in the Serbian company NIS to Gazprom , the Belgrade Stock Exchange said. Gazprom Neft previously owned 50% of NIS and Gazprom owned 6.15%. Gazprom Neft currently owns 44.
Serbia in talks with US, Russia as oil sanctions deadline looms
Serbia is in last minute talks with the United States and Russia ahead of a Thursday deadline to avoid U.S. sanctions on oil company NIS that could result in crude supply cuts, Energy Minister Dubravka Djedovic Handanovic said on Wednesday.
Gazprom Restructures NIS Holdings Amid Looming US Deadline
Russia’s Gazprom Neft has reduced its ownership in Serbia’s top oil company, NIS, just as a US-imposed deadline on sanctions approaches. The move aims to prevent potential penalties that could cut off Serbia’s oil supply.
US gives Serbian oil company last-minute sanctions reprieve, says President Vucic
BELGRADE - The United States has suspended sanctions for 30 days on Serbian oil company NIS, which is majority-owned by ...
serbianmonitor.com5h
Change in NIS’ ownership structure
The Belgrade Stock Exchange announced today that the ownership structure of Naftna Industrija Srbije (NIS) has changed, with ...
Politico Europe20m
US postpones sanctions on Serbian oil company, says Vučić
The United States has delayed by 30 days sanctioning Serbia's main oil company, Serbian President Aleksandar Vučić said Thursday, citing a U.S. Treasury document. "We got an additional 30 days for the ...
Anadolu Ajansi4h
Serbia announces 30-day postponement of US sanctions on its oil sector
The US has delayed the implementation of sanctions on Serbia’s oil sector for 30 days, Serbian President Aleksandar Vucic ...
SeeNews7h
U.S. delays NIS sanctions by 30 days - Vucic
"We have gotten an additional 30 days for NIS. A piece of good news for the citizens of Serbia," Vucic wrote in a post on ...
Reuters23d
Serbian oil company NIS asks U.S. Treasury for a 90-day waiver of sanctions
BELGRADE, Feb 4 (Reuters) - Serbian oil company NIS, which is majority-owned by Russia's Gazprom Neft (SIBN.MM), opens new tab and Gazprom (GAZP.MM), opens new tab, has submitted a formal ...
The Washington Post4d
Gazprom, once a mighty tool of Russia, stumbles toward more modest future
Russia’s gas giant Gazprom was once so enormous it was called the country’s “second budget,” with huge revenue and outsize domestic and foreign influence. It handily weathered challenges ...