Serbian oil company NIS has recently come under intense scrutiny amid evolving international sanctions and market shifts. Reliable sources, as reported by Reuters, confirm that the company is struggling with oil procurement from foreign traders. Meanwhile, its former clients are actively seeking alternative fuel suppliers—a reaction spurred by the anticipated impact of U.S. sanctions. Among the notable aspects of NIS is its close relationship with Russian giants Gazprom Neft and Gazprom, positioning it as one of the last major Russian oil assets in Europe.
In recent days, the investment market in Russia and Europe has once again attracted attention following PJSC Gazprom's $OGZPY decision to sell its gas trading subsidiaries in Austria and Italy. The deal was struck with the investment company EGH Gulf, which was established less than a year ago in Dubai. This event could have significant implications for both the company itself and the broader European energy market.