Serbia: ADNOC emerges as leading bidder for sanctioned Russian stake in NIS

Abu Dhabi National Oil Company (ADNOC) has reportedly emerged as the leading contender to acquire the 56.15 % stake held by Russian companies in Serbian oil company NIS, which is currently under US sanctions. Although ADNOC is viewed as the frontrunner to take over Serbia’s only refinery, NIS continues discussions with other potential buyers, including […]

Serbia: ADNOC emerges as leading bidder for sanctioned Russian stake in NIS Read More »