Serbia’s president has confirmed that Russia is prepared to sell its controlling stake in the country’s only oil refinery and that Hungary’s MOL has been discussed as a potential buyer ...

The U.S. Treasury Department has extended a sanctions waiver on Serbia's Russian-owned NIS oil company, giving the Balkan ...

Hungary’s MOL Group energy company said on Monday they have signed a preliminary agreement to buy a 56.15% stake in Serbia’s Russia-owned main oil supplier that has been sanctioned by the United State ...

List of Australian Open men's singles champions since the event began in 1905 (Australian unless stated): 2026 Carlos Alcaraz ...

Hungarian oil company MOL Group has signed an agreement to acquire Gazprom Neft's majority stake in Naftna Industrija Srbije, ...

BELGRADE, Jan 26 (Reuters) - Hungary's MOL agreed to pay up to 1 billion euros ($1.19 billion) to buy a majority stake in ...

MOL Group inks memo with National Oil Corporation to engage in areas including joint exploration projects in North African ...

BELGRADE, Serbia (AP) — Hungary's MOL Group energy company said on Monday they have signed a preliminary agreement to buy a 56.15% stake in Serbia's Russia-owned main oil supplier that has been ...

A view of Petroleum Industry of Serbia (NIS) oil refinery in Pancevo, Serbia, Thursday, Oct. 9, 2025. (AP Photo/Darko Vojinovic) A view of Petroleum Industry of Serbia (NIS) oil refinery in Pancevo, ...

Hungary’s largest oil and gas player MOL Group is to take a controlling stake in Serbia's NIS, a Russian-owned oil and gas operator that has been hit by US sanctions.

BELGRADE, Jan 19 (Reuters) - Serbia's majority Russian-owned oil company NIS said on Monday it had secured enough crude to keep its refinery operating through February after resuming imports under a ...

Mol and Gazprom agreed on the terms of a deal that will see the Hungarian company gain control of Serbia's only oil refinery, paving the way for the lifting of U.S. sanctions on the plant's operator.