US suspends some sanctions on Russian oil giant Lukoil

The US Treasury Department on Thursday extended authorization for Lukoil-branded fuel stations outside Russia to continue operating, suspending some sanctions on the Russian energy giant.

Serbia preparing to nationalize NIS, expects understanding from Russia

Serbia is considering the option of nationalizing the oil and gas company NIS (Naftna Industrija Srbije) amid US demands for a complete withdrawal of Russian shareholders, Serbian Minister of Mining and Energy Dubravka Dedovic-Handanovic told reporters, emphasizing that Belgrade expects understanding and support from its Russian partners under the current pressure.

Bulgarian parliament overrides presidential veto on bill of Lukoil assets sale

The Bulgarian parliament urgently considered and successfully overrode the presidential veto on the bill of investments pertaining to terms of the potential sale of Russian company Lukoil’s assets in the country.

EU: 'No Supply Risks' for Hungary, Slovakia After Ukraine Halts Russian Oil Transit

The preliminary analysis of Kiev halting the oil transit from Russia shows no energy supply risks for Hungary or Slovakia, EU Commission spokesman Balazs Ujvari said on Thursday.

Russia’s Lukoil Puts Iran Plans on Hold over New US Sanctions

Lukoil, Russia’s second biggest oil producer, said it had decided not to go ahead with plans to develop projects in Iran at the moment due to the threat of US sanctions, a company official said.