Topic

Energy

Fuel, oil, gas, sanctions, and decisions that affect energy security.

Updated: June 19, 2026 at 08:06 PMCards in topic: 25Issues with this topic: 19Page 4 / 5from June 12, 2026 to June 19, 2026

Topic feed

Cards from every issue

19-24 / 25
Signing of the Serbian government and MOL agreement on NIS management
Photo: N1, Nenad Kostic / Ministry of Mining and EnergyImage credit: Nenad Kostic / Ministarstvo rudarstva i energetike

Energy minister: NIS now needs a Gazprom Neft-MOL agreement

Published: June 19, 2026 at 08:06 PM. Updated: June 19, 2026 at 08:06 PM.

Dubravka Djedovic Handanovic said that, after signing the shareholder agreement with MOL, the Serbian side has completed its part of the NIS talks. She said Gazprom Neft and MOL now need to agree on the sale, with an outcome acceptable to the US Treasury's OFAC.

Signing of the Serbian government and MOL agreement on the future management of NIS
Photo: N1, Nenad Kostic / Ministry of Mining and EnergyImage credit: Nenad Kostic / Ministarstvo rudarstva i energetike

Serbia and MOL sign NIS agreement, but the deal still awaits Gazprom Neft and OFAC

Published: June 16, 2026 at 06:58 PM. Updated: June 16, 2026 at 06:58 PM.

On June 16, the Energy Ministry and MOL signed a shareholder agreement on the future management of NIS: it takes effect only if MOL reaches a deal with Gazprom Neft to buy 56.15 percent of NIS and receives OFAC approval. The same day, Aleksandar Vucic said from Tbilisi that, based on information he was receiving from Washington, NIS's operating license may be extended for another 15 days.

Temporary fuel excise cut extended through June 21

Published: June 15, 2026 at 02:04 PM. Updated: June 15, 2026 at 02:04 PM.

Serbia's government has again extended the temporary reduction in excise duties on petroleum products, this time through June 21: until then the excise is 61.24 dinars per liter for leaded gasoline, 57.6 dinars for unleaded gasoline, and 59.23 dinars for gas oils.

NIS: key OFAC license decision expected on Tuesday

Published: June 13, 2026 at 08:04 PM. Updated: June 13, 2026 at 08:04 PM.

On June 13, 021, citing RTS, carried Jelica Putnikovic's assessment that the nearest critical deadline for NIS is Tuesday, June 16, when the existing licenses expire. Even after the Serbia-MOL arrangement, the outcome depends on OFAC consent, concrete contracts, possible governance changes, and guarantees for keeping the Pancevo refinery operating.

Fuel in Serbia is RSD 2 cheaper: new prices apply until June 19

Published: June 12, 2026 at 02:04 PM. Updated: June 12, 2026 at 02:04 PM.

From 15:00 on June 12, a liter of eurodiesel in Serbia costs RSD 220 and a liter of gasoline costs RSD 194; both prices are RSD 2 lower than last week and apply until next Friday, June 19. For drivers, this is the weekly service price that filling stations must apply immediately after publication on the Ministry of Internal and Foreign Trade website.

NIS: Serbian bidder faces tax account blocks and a first court dispute

Published: June 12, 2026 at 08:05 AM. Updated: June 12, 2026 at 08:05 AM.

On June 12, Forbes/N1 examined Ranko Mimovic's company, which Reuters had named on May 6 as a possible buyer of NIS for EUR 2 billion: KFT Senator Treasury G.T.7 Dva had its account blocked six times in half a year at the initiative of the Tax Administration. The article adds another risk to the long-running NIS story: alongside the MOL, Gazprom Neft, and OFAC track, the realism of alternative Serbian ownership bids remains in question.