Serbia

US unexpectedly exempts sanctions on Russian-owned oil refinery

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The oil refinery owned mostly by Russia in Serbia is temporarily exempted from sanctions by the US.

Russian shares in European oil and gas company sought after at extremely high prices

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Serbia has said it is ready to pay a very high price to buy back shares held by Russia in the strategic refinery, in order to avoid a fuel crisis.

Europe faces inevitable consequences when mass rearming

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The Serbian president warned of an increasingly close direct conflict between Russia and the West, in the context of strong rearming that has spread throughout Europe.

Russia pledges not to abandon strategic oil and gas partner in Balkan despite US sanctions

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Russia has pledged not to let Serbia suffer from drought and cold in the context of US sanctions on oil and gas company NIS.

Serbian oil and gas company exempted from US sanctions for another week

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The US postponed sanctions on Serbia's Russian-owned oil company NIS for a week until October 15.

Gazprom divests from Serbia's leading oil and gas company, retains only 1 stake

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Gazprom sold all its direct shares in Serbia's oil and gas company NIS, holding only a symbolic stake.

Serbia calls for buying back a major oil and gas company, Russia strongly refuses

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Serbia is ready to buy Naftna Industrija Srbije (NIS), but Russia is not interested.

Russia promotes new oil pipeline in the heart of Europe despite sanctions

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Russia, Hungary and Serbia are promoting plans to build a new 300km pipeline to help bring Russian oil back to Central Europe.

Serbia proposes to postpone US sanctions for the fifth time against the country's largest oil and gas company

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Serbia has proposed a fifth US sanctions exemption for oil and gas company NIS, majority of which is owned by Russia.

Gazprom to sign billion-dollar gas contract amid sanctions

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Serbia will sign a new gas supply contract with Russia's Gazprom Group before September 20.

Europe's cheapest Russian gas is about to be in the hands of an EU candidate

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EU candidate Serbia is negotiating a new Russian gas deal, claiming to receive the best price in Europe.

Accusing a European country of betraying historical friendship

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Russia accused Serbia of betraying the traditional friendship between the two countries by letting secret defense companies supply ammunition to Ukraine.

Serbia calls for US help for the fourth time while under Russian oil

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The Serbian oil and gas company asked the US to extend the sanctions exemption for the fourth time to continue importing Russian oil.

Russia has not yet reached its final gas strategy card with Europe

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Russia and Serbia are getting closer to a new long-term gas deal, while Europe is still struggling with the energy problem.

European company accused of assisting Ukraine in stabbing Russia in the back

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Serbian defense companies have been accused by Russia of secretly smuggling thousands of artillery shells to the Ukrainian battlefield.