said it will invest at least $100 million in its Novi Sad refinery for production of base oils and lubricants. NIS plans annual output of 180,000 tons of base oils and lubricants as of 2015 when ...

The U.S. Treasury's Office of Foreign Assets Control designated NIS AD Novi Sad a sanctioned entity on January 10, giving Gazprom Neft 45 days to exit its investment, before extending that ...

The sanctions target Gazprom's subsidiaries in several countries, notably NIS Novi Sad, a pillar of Serbia's energy system. Since 2008, Russian state-owned Gazprom Neft and its parent company ...

Thousands of people rallied in the Serbian cities of Nis and Novi Sad, calling for the killers in local murder cases to be brought to justice and the state to tackle violence. The murder of a ...