Tag: NIS

NIS continues to invest in Pancevo oil refinery modernization – Serbia, 13 February 2020

Director of Processing at Serbian oil company NIS Vladimir Gagic said that the modernization of its processing capacities is a priority for the company, due to very competitive market in southeastern Europe. Gagic reminded that NIS has signed a contract for the modernization of the catalytic crac Full article available for subscribers of Energy NEWS […]

NIS to invest 72 million euros in Pancevo refinery modernization – Serbia, 20 January 2020

Russian GazpromNeft, a majority owner of Serbian oil company NIS, said that NIS plans to invest over 72 million euro in the modernization of the catalytic cracking facility at its Pancevo oil refinery. Works on the upgrade of the catalytic cracking facility are expected to be completed by 2024. Full article available for subscribers of Energy NEWS service (PDF […]

NIS to invest 318 million euros in 2020 – Serbia, 20 December 2019

The Board of Directors of Serbian oil company NIS, majority owned by Russian GazpromNeft, has adopted the Business Plan for 2020, confirming the continuation of the implementation of an ambitious investment program. In 2020, a total of 318 million euros will be invested in the further development Full article available for subscribers of Energy NEWS […]