Russians agree to sell sanctioned Serbian oil firm

She said the pending sale agreement would now be sent to the US administration for approval, as the oil firm attempts to avoid another sanctions-enforced shutdown of the country's only refinery. "MOL and Gazprom Neft have agreed on the basic provisions of a future sale and purchase agreement," Energy Minister Dubravka Djedovic Handanovic said in a video statement. Washington's sanctions on the Petroleum Industry of Serbia (NIS), part of its crackdown on Russia's energy sector, forced the refinery's shutdown in early December...