Serbia NIS licence extended, MOL deal near finalisation

Timeline

1. about 20 hours ago

   [BUSINESS] 22 sources

   Serbia's NIS refinery granted US sanctions waiver as MOL deal nears completion

   OFAC extended NIS’s licence to 28 Aug, keeping Serbia’s main refinery running as MOL nears purchase of the Russian stake; Vučić expects the deal soon and will discuss it with Putin and Magyar.

2. 25 days ago

   [POLITICS] 2 sources

   Serbian President Vučić says NIS‑MOL dispute to be resolved soon

   Serbian President Aleksandar Vučić expects a quick resolution to the NIS‑MOL dispute amid US sanctions and ongoing EU accession talks.

3. about 1 month ago

   [BUSINESS] 2 sources

   Serbia's NIS oil company nears solution to US sanctions

   Serbia's NIS oil firm is close to a U.S. sanctions solution, with OFAC extending its licence and talks on tariffs underway, while economists warn the issue may wait until the Ukraine war ends.

4. about 1 month ago

   [BUSINESS] 11 sources

   Serbia's NIS granted OFAC license extension as sale of Russian stake stalls

   OFAC extended NIS’s operational licence and MOL’s negotiation deadline to 31 July, while Serbia gains extra shares, keeping fuel supply stable amid pending sale of the Russian stake.

5. about 1 month ago

   [POLITICS] 5 sources

   Serbia Extends Russian Gas Supply Deal for Three Months

   Serbia's gas chief says a three‑month extension of the Russian gas contract is in force and plans to stretch it to year‑end, warning price spikes if infrastructure projects stall.

6. about 1 month ago

   [BUSINESS] 2 sources

   MOL Group expands operations in Serbia and Libya

   Serbian minister Dubravka Đedović said a shareholders’ pact with MOL ends Serbia’s role in NIS talks and hopes Gazprom Neft and MOL will reach a US‑sanctions‑compatible sale, while MOL secured a 20% stake in L​

7. about 1 month ago

   [BUSINESS] 2 sources

   MOL signs agreement to manage Serbia's NIS amid political criticism

   MOL and Serbia signed a shareholder pact for NIS, pending regulator and US approval, while opposition leader Đilas denounces MOL as an unsuitable buyer.

8. about 2 months ago

   [BUSINESS] 4 sources

   Serbia signs shareholder agreement with Hungary's MOL for future management of NIS

   Serbia and Hungary’s MOL signed a shareholder pact to manage NIS, pending MOL’s majority stake and U.S. approval, securing 350,000 t of crude and a ten‑year refinery operation guarantee.

9. about 2 months ago

   [BUSINESS] 8 sources

   U.S. OFAC Extends Operational License for Serbia's NIS as MOL Negotiates Russian Stake

   OFAC extended NIS’s licence to 1 July, allowing continued crude processing, as Serbia and Hungary’s MOL sign a shareholders' pact pending purchase of Gaz‑gazpromneft’s 56 % stake.

10. about 2 months ago

    [BUSINESS] 3 sources

    Serbia and Hungary's MOL close in on NIS ownership deal

    Serbia plans to sign a deal with Hungary's MOL for majority control of NIS, pending U.S. sanctions clearance; the agreement could give Serbia an extra 5% stake and keep the Pančevo refinery operating at full‑sM

11. about 2 months ago

    [BUSINESS] 2 sources

    Serbia seeks greater control of NIS as MOL and Gazpromneft negotiations progress

    Serbia is negotiating with Hungary's MOL to boost its stake in NIS, pending Gazpromneft's sale and OFAC clearance, while securing full operation of the Pančevo refinery for energy security.

12. about 2 months ago

    [BUSINESS] 13 sources

    Serbia and MOL agree on increased stake and control in NIS

    Serbia and Hungary’s MOL struck a shareholder deal on NIS: if Gazprom’s 56.15% stake is sold to MOL and US OFAC clears it, Belgrade will buy an extra 5% share, gaining greater board rights and securing the Pan‑

13. about 2 months ago

    [POLITICS] 3 sources

    Serbian Energy Minister Dubravka Đedović Handanović faces NIS sale talks and Croatian company controversy

    Serbian energy minister Dubravka Đedović Handanović says NIS sale talks are progressing and denies hiding ownership of an inactive Croatian company.

14. about 2 months ago

    [BUSINESS] 6 sources

    Mol receives US OFAC license to continue Serbia NIS acquisition talks

    Mol received a new US OFAC licence allowing it to continue negotiations to buy a 56% stake in Serbia's Naftna Industrija Srbije (NIS) until June 2026, despite Russian ownership and recent US sanctions.

15. about 2 months ago

    [BUSINESS] 4 sources

    Hungarian MOL granted US extension to acquire Russian stake in Serbia's NIS

    MOL secured a US OFAC extension to June 16 for buying Gazprom Neft’s 56% stake in Serbia’s NIS, pending Serbian approval and aiming to cut Russian influence in the region’s energy market.

16. about 2 months ago

    [BUSINESS] 5 sources

    MOL secures OFAC license to extend NIS acquisition talks until June 16

    MOL received an OFAC licence to keep negotiating the purchase of the Russian majority stake in Serbia's NIS until 16 June, extending a May‑22 approval and allowing finalisation of the deal.

17. about 2 months ago

    [BUSINESS] 2 sources

    Mol receives US OFAC extension for Serbian NIS oil acquisition

    Mol secured a U.S. OFAC extension to negotiate buying a majority stake in Serbia's NIS, a €1‑2 billion oil deal that could reshape Central‑European energy markets.

18. about 2 months ago

    [POLITICS] 9 sources

    Serbia secures three‑month Gazprom gas supply extension

    Serbia’s energy minister announced a three‑month Gazprom gas supply extension, ongoing NIS talks with Gazprom Neft and MOL, and a €14.4 billion Serbia 2035 energy investment plan.

19. 2 months ago

    [BUSINESS] 2 sources

    Serbian Finance Minister Mali reports progress in MOL talks over NIS Russian stake

    Serbian finance minister Siniša Mali says talks with MOL on buying the Russian stake in NIS are progressing, expects a response soon, and highlights fuel‑price stabilisation measures.

20. 2 months ago

    [BUSINESS] 4 sources

    Mol granted two‑week extension to negotiate purchase of Gazpromnyeft stake in Serbia’s NIS

    Mol got a two‑week OFAC extension until June 6 to negotiate buying Gazpromnyeft’s stake in Serbia’s NIS, amid sanctions and Serbia’s push for energy security.

21. 2 months ago

    [POLITICS] 2 sources

    Serbian President Vučić says MOL oil deal stalls

    Serbian President Vučić says MOL negotiations over NIS's Russian stake are faltering and may miss the May 22 OFAC deadline.

22. 3 months ago

    [BUSINESS] 3 sources

    MOL remains favored over Mimović's higher bid for Serbia's NIS, experts say

    Experts say Mimović's €2 bn bid for Serbia's NIS is not a serious alternative to MOL; talks focus on terms with Russian shareholders and Belgrade.

23. 3 months ago

    [BUSINESS] 4 sources

    Serbia intensifies pressure on Hungary's MOL in NIS negotiations, eyes fallback options

    Serbia demands a larger NIS stake from MOL and readies plan B/C options as the OFAC deadline approaches.

24. 3 months ago

    [BUSINESS] 25 sources

    Serbia-MOL talks progress on NIS refinery deal

    Serbia and MOL say NIS talks are advancing, aiming for a deal by mid‑May after U.S. approval.