Oil Industry Of Serbia
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Oil Industry Of Serbia
Naftna Industrija Srbije ( sr, Нафтна Индустрија Србије, lit=Petroleum Industry of Serbia; abbr. NIS / НИС) is a Serbian multinational oil and gas company with headquarters in NIS building, Novi Sad, Serbia. NIS is one of the most profitable companies in Serbia and one of the largest domestic exporters. It employs around 11,000 people in Serbia and the region. As of May 2022, Gazprom Neft is the largest shareholder with 50% of NIS shares, followed by 29.87% owned by the Government of Serbia, 5% owned by Gazprom and rest by minority shareholders. The main activities of the company are exploration, production and refining of petroleum and natural gas, sales and distribution of a broad range of petroleum and gas products, as well as the implementation of energy and petrochemical projects. The main NIS production facilities are in the Republic of Serbia, while subsidiaries and representative offices have been established in Bosnia and Herzegovina, Bulgaria, Ro ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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NIS HQ In Novi-Sad
Nis, Niš, NiS or NIS may refer to: Places * Niš, a city in Serbia * Nis, Iran, a village * Ness, Lewis ( gd, Nis, links=no), a village in the Outer Hebrides islands Businesses and organizations * Naftna Industrija Srbije, Petroleum Industry of Serbia * Nagoya International School * Nanjing International School * National Institute of Sports, India * , railway company in the Dutch East Indies * Nippon Ichi Software, a video game developer * Norwegian International Ship Register, ( no, Norsk Internasjonalt Skipsregister, links=no) * Nuclear Information Service, independent UK organisation Military, intelligence and security * National Intelligence Service (other), abbreviated NIS in some countries ** National Intelligence Service (Greece) ** National Intelligence Service (South Africa), former agency ** National Intelligence Service (South Korea) * Norwegian Intelligence Service * Naval Investigative Service, later Naval Criminal Investigative Service, U.S. * Canadian ...
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Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly Temperate climate, temperate-continental climate, and an area of , with a population of around 19 million. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Roma ...
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Bosnia And Herzegovina
Bosnia and Herzegovina ( sh, / , ), abbreviated BiH () or B&H, sometimes called Bosnia–Herzegovina and often known informally as Bosnia, is a country at the crossroads of south and southeast Europe, located in the Balkans. Bosnia and Herzegovina borders Serbia to the east, Montenegro to the southeast, and Croatia to the north and southwest. In the south it has a narrow coast on the Adriatic Sea within the Mediterranean, which is about long and surrounds the town of Neum. Bosnia, which is the inland region of the country, has a moderate continental climate with hot summers and cold, snowy winters. In the central and eastern regions of the country, the geography is mountainous, in the northwest it is moderately hilly, and in the northeast it is predominantly flat. Herzegovina, which is the smaller, southern region of the country, has a Mediterranean climate and is mostly mountainous. Sarajevo is the capital and the largest city of the country followed by Banja Luka, Tu ...
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Upstream (petroleum Industry)
The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production - E&P), ''midstream'' and ''downstream''. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface. The upstream industry has traditionally experienced the highest number of Mergers, Acquisitions (M&A) and Divestitures. M&A activity for upstream oil and gas deals in 2012 totaled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the unconventional/shale boom especially in the US followed by Russia and then Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record-high of $135 billion in Q3 2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With ongoing M&A activity, the ...
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Vojvodina
Vojvodina ( sr-Cyrl, Војводина}), officially the Autonomous Province of Vojvodina, is an autonomous province that occupies the northernmost part of Serbia. It lies within the Pannonian Basin, bordered to the south by the national capital Belgrade and the Sava and Danube Rivers. The administrative center, Novi Sad, is the second-largest city in Serbia. The historic regions of Banat, Bačka, and Syrmia overlap the province. Modern Vojvodina is multi-ethnic and multi-cultural, with some 26 ethnic groups and six official languages. About two million people, nearly 27% of Serbia's population, live in the province. Naming ''Vojvodina'' is also the Serbian word for voivodeship, a type of duchy overseen by a voivode. The Serbian Voivodeship, a precursor to modern Vojvodina, was an Austrian province from 1849 to 1860. Its official name is the Autonomous Province of Vojvodina. Its name in the province's six official languages is: * Croatian: ''Autonomna Pokrajina Vojvodina'' * ...
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042 Pancevo Refinery, Serbia
4 (four) is a number, numeral and digit. It is the natural number following 3 and preceding 5. It is the smallest semiprime and composite number, and is considered unlucky in many East Asian cultures. In mathematics Four is the smallest composite number, its proper divisors being and . Four is the sum and product of two with itself: 2 + 2 = 4 = 2 x 2, the only number b such that a + a = b = a x a, which also makes four the smallest squared prime number p^. In Knuth's up-arrow notation, , and so forth, for any number of up arrows. By consequence, four is the only square one more than a prime number, specifically three. The sum of the first four prime numbers two + three + five + seven is the only sum of four consecutive prime numbers that yields an odd prime number, seventeen, which is the fourth super-prime. Four lies between the first proper pair of twin primes, three and five, which are the first two Fermat primes, like seventeen, which is the third. On the oth ...
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2022 Russian Invasion Of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An estimated 8 million Ukrainians were displaced within their country by late May and 7.8 million fled the country by 8 November 2022, while Russia, within five weeks of the invasion, experienced its greatest emigration since the 1917 October Revolution. Following the 2014 Ukrainian Revolution, Russia annexed Crimea, and Russian-backed paramilitaries seized part of the Donbas region of south-eastern Ukraine, which consists of Luhansk and Donetsk oblasts, sparking a regional war. In March 2021, Russia began a large military build-up along its border with Ukraine, eventually amassing up to 190,000 troops and their equipment. Despite the build-up, denials of plans to invade or attack Ukraine were issued by various Russian gove ...
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Eastern Europe
Eastern Europe is a subregion of the Europe, European continent. As a largely ambiguous term, it has a wide range of geopolitical, geographical, ethnic, cultural, and socio-economic connotations. The vast majority of the region is covered by Russia, which spans roughly 40% of the continent's landmass while accounting for approximately 15% of its total population."The Balkans"
, ''Global Perspectives: A Remote Sensing and World Issues Site''. Wheeling Jesuit University/Center for Educational Technologies, 1999–2002.
It represents a significant part of Culture of Europe, European culture; the main socio-cultural characteristics of Eastern Europe have historically been defined by the traditions of Slavs and Greeks, as well as by the influence of Eastern Christianity as it developed through t ...
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Monopoly
A monopoly (from Greek language, Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or company, enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a Market (economics), market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic Competition (economics), competition to produce the good (economics), good or Service (economics), service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise ...
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Banatski Dvor
Banatski Dvor ( sr-cyr, Банатски Двор; hu, Törzsudvarnok) is a village in Serbia. It is situated in the Žitište municipality, in the Central Banat District, Vojvodina province. The village is ethnically mixed and its population numbering 1,263 people (2002 census), including 593 Serbs (46.95%), 509 Hungarians (40.30%), and others. Name In Serbian the village is known as ''Banatski Dvor'' (Банатски Двор), in Hungarian as ''Udvarnok'' (also ''Törzsudvarnok'' before 1867, ''Szőllősudvarnok'' after 1867, ''Idvarnok'', ''Itvarnok''), and in German as ''Banater Hof und Rogendorf''. Historical population *1961: 1,832 *1971: 1,629 *1981: 1,374 *1991: 1,300 *2001: 1,512 *2011: 1,122 Gas depot There is a large underground gas depot at Banatski Dvor, which will be connected to the proposed South Stream transit gas pipeline. Gallery Image:Banatski_Dvor,_Catholic_Church.jpg, Saint Rosalia the Virgin Catholic Church. See also *List of places in Serbia * ...
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South Stream
South Stream (russian: Южный поток, Yuzhnyy potok; bg, Южен поток, Yuzhen potok; sr, / ; sl, Južni tok; hu, Déli Áramlat; it, Flusso Meridionale) was a canceled pipeline project to transport natural gas of the Russian Federation through the Black Sea to Bulgaria and through Serbia, Hungary and Slovenia further to Austria. It was never finished. The project was found in non-compliance with the European Union's Third Energy Package legislation, which stipulates the separation of companies' generation and sale operations from their transmission networks. The Russian Government cancelled the project in 2014, seven years after the project was started. It was seen as rival to the Nabucco pipeline project, which was abandoned in favor of the Trans Adriatic Pipeline. Unlike South Stream, TAP is fully compliant with EU legislation by way of having obtained EU Third Party Access Exemption. Construction of the Russian onshore facilities for the South Strea ...
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