Serbia








Oil & Gas

Oil & Gas Refining

Azerbaijan says upkeep at suspended Shah Deniz gas platform to last up until Jan. 19

The Azerbaijan Gas Supply Company (AGSC) said on Wednesday that unexpected upkeep at the Shah Deniz Alfa gas platform was expected to last till Jan. 19. The suspension is anticipated to cut gas flows to Europe by 8.5. million cubic metres per day, the company said on its website. BP said on Jan. 10 it had actually suspended the work of the. platform, one of two at Azerbaijan's biggest gas field,. after finding a technical problem at the subsea gas condensate. export line between the platform and the Sangachal terminal. According to BP, Alpha represents about 40% of Shah. Deniz's...

Oil & Gas Refining

Gazprom Neft given 45 days to leave ownership of Serbia's NIS, president states

Following new United States sanctions against Russia's oil sector, Gazprom Neft will be offered 45 days to exit ownership of Serbian oil business NIS , Serbian President Aleksandar Vucic said on Friday. NIS is bulk owned by Gazprom Neft which holds a 50% stake and Gazprom which holds 6.15% of shares. The Serbian federal government holds an additional 29.87% with little shareholders accounting for the rest. The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas incomes in an attempt to offer Kyiv and the inbound administration of Donald Trump leverage to reach...

Fossil Fuels

Fossil Fuels

After meeting with Russian spy chief, Deputy PM accuses West destabilising Serbia

Serbia's vice prime minister, following up on a Moscow meeting with Russia’s spy chief, accused Western intelligence agencies of destabilising the country on Friday by supporting months of antigovernment protests. Aleksandar Vulin, deputy premier, said that after meeting Sergei Naryshkin (director of Russia's Foreign Intelligence Service, SVR), Western powers are plotting to overthrow Serbia's government. Serbia has had strong ties with Moscow for many years. "Western intelligence services attempt to stage a colour revolution and destabilise Serbia," Vulin’s office said. The statement was a reference to the pro-European uprising that took place in Ukraine, which ousted its pro-Russian leader. Since...

Fossil Fuels

The U.S. Treasury requests a 90-day suspension of sanctions from Serbian oil company NIS

The Serbian energy ministry announced on Tuesday that the Serbian oil company NIS - which is owned by Russia's Gazprom and Gazprom - has requested a waiver from sanctions for 90 day. The ministry stated that both the Serbian government and the Hungarian government have backed the NIS request. The statement stated that "we urgently request that OFAC consider immediate assistance in the form of suspension of sanctions for at least 90 days while a viable solution leading to the lifting of the sanctions is considered." The request of NIS is to obtain licenses to allow the company to continue...

Environment

Mining

Mining

Serbia's parliament arguments restriction on lithium mining

The Serbian parliament on Monday started debating an opposition proposal to prohibit lithium and borate mining and exploration, which would successfully put an end to a contested Rio Tinto job in the west of the country. In July, Serbia reinstated Rio Tinto's licence to establish what would be Europe's most significant lithium mine, 2 years after the previous federal government stopped the process due to concerns from environmental groups. That choice in July set off across the country protests including blockades of roadways and railways. If executed, the $2.4 billion Jadar lithium job could cover 90% of Europe's current lithium...

Mineral Resources

Ratings in central Serbia rally against Rio Tinto's lithium job

Hundreds of people collected in the central Serbian town of Valjevo on Monday to demonstration Rio Tinto's, lithium job in Western Serbia, over fears it might contaminate the land. Protesters in the central square of the industrial city, which has a population of 55,000, and lies about 100 km ( 60 miles) west of Belgrade, chanted, You will not dig, and Rio Tinto, leave Serbia! We will not allow it; we will fight as much as we can, stated Sonja, 50, a local of Valjevo. Aleksandar Jovanovic Cuta, one of the demonstration organizers, said that the misery called lithium is...

Mineral Resources

Rio Tinto's Serbia lithium job might take two years to approve, minister states

It could take Rio Tinto 2 years to obtain the authorizations it needs to begin building on its Jadar lithium job in Serbia, the nation's energy minister stated on Friday, as ecologists strategy fresh protests over the mine. Last month, Serbia renewed Rio's licence to establish what would be Europe's biggest lithium mine in the western Jadar region, two years after the previous government halted the licensing process due to mad protests by ecological groups. In order to move towards production at the site, the Australian mining group now needs to secure approvals which will hinge on its ecological impact...

Mineral Resources

Serbia's parliament speaker seeks argument over Rio Tinto's lithium task

Serbia's parliament speaker and former prime minister Ana Brnabic on Monday sought a. debate and approval in the assembly for a contested Rio Tinto. lithium task in the Balkan nation. Regarded as a critical material by the EU and the United. States, lithium is utilized in batteries for EVs and mobile phones. In 2022, the Serbian government withdrawed licences for Rio's. $ 2.4 billion Jadar lithium job near the western town of. Loznica after massive ecological demonstrations. Brnabic, also a ranking authorities of the ruling Serbian. Progressive Celebration (SNS) devoted to President Aleksandar Vucic,. said the Jadar job requires responsible...

Mining

Serbia to give green light for Rio Tinto lithium mine, feet reports

Serbian President Aleksandar Vucic is preparing to provide Rio Tinto the thumbs-up to develop Europe's largest lithium mine two years after Belgrade aborted the job, the Financial Times said on Sunday. Vucic informed the paper that brand-new warranties from the worldwide mining giant and the European Union looked set to resolve Serbia's concerns over whether required environmental requirements would be fulfilled at the Jadar website in the west of the country. Rio Tinto said in a declaration emailed to : We. think the Jadar Job has the prospective to be a first-rate. property that might function as a catalyst for...

Mineral Resources

Miners in Kosovo break Ramadan fast 800 metres underground

Kosovar miner Emin Hasani feels closer to God when he breaks the Ramadan fast 800 metres (2,625 feet) underground. After a long and blistering shift down the Trepca mine in Stanterg in northern Kosovo, Hasani checks a clock to know when the sun is setting at the surface and whether the time has come to consume. Relaxing a small table in a makeshift workplace in the mine, he and 4 associates pull out dates, yogurt, pickles and cheese that they clean down with sugary black tea. The guys laugh and chat with each other as they share the Iftar meal,...