MOL Takeover Talks for Serbian Oil Company Reportedly Enter Final Stage
Hungary Today6h ago1 newsroom
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has extended until September 30 the license allowing Serbia’s Naftna Industrija Srbije (NIS) to continue operating, Serbia’s Mining and Energy Ministry announced. The extension is significant for Hungary’s MOL, which is negotiating with NIS’s majority owner, Russia’s Gazprom Neft, over a…