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MOL receives U.S. approval for NIS, negotiation deadline extended until May 22

The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has accepted MOL’s request and extended the deadline for negotiations on the purchase of a majority stake in Naftna Industrija Srbije (NIS). …

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Hungary accelerates construction of oil pipeline toward Serbia

The Government of Hungary has, by decree published on Monday in the official gazette, declared the Hungary–Serbia oil pipeline and accompanying infrastructure a priority investment project….

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Vučić: No one can attack Serbia with impunity anymore

Serbian President Aleksandar Vučić stated last night in Vranje, at a commemoration marking the Day of Remembrance for those killed in the NATO aggression that began on March 24, 1999, that Serbia will preserve peace and stability, but will not recognize the independence of Kosovo….

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