NIS is one of the largest vertically integrated energy companies in Southeast Europe.
Fundamental principles which support our progress
NIS is a company with the highest market capitalization on the Belgrade Stock Exchange.
The information for shareholders and expert community
NIS offers a wide range of products and services
Sustainable development is not only NIS’ strategic objective, it is a fundamental practice we keep perfecting seeking to upgrade the quality of life in the community, where we operate, develop human resources and preserve the natural ones.
NIS has carried out the local community support program for nine years now
NIS is a company with an up-to-date approach in business, with special focus on employees, the main factor of success and the gained status of the most respectable company in the Balkans. A policy has been defined to attract, gain, develop, keep and reward the right people, contributing to achieving the company’s targets.
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Production facility with associated devices and equipment , which is subject to constant rental and lease of regulated infrastructure ( eg access road to the well ).
The extent of the internal friction in liquids; the most important performance indicator for lubricants.
Development that meets the needs of the present while not compromising the ability of future generations to meet their own needs. Sustainable development is an approach that aims to balance the social, economic and environmental consequences of our actions now and in the future.
Legal and natural persons supplying the Company and its competitors with material resources, required for the production of new values, specific goods and services, further sold to consumers.
A pipeline for crude oil transportation from the dispatch station, gathering and dispatch station or terminal up to an oil refinery, and an interstate oil transportation system. An oil pipeline is comprised of the following: a pumping and cleaning station, the systems of cathodic protection, fittings, measurement and regulation equipment, remote monitoring and control system.
Measure of the resistance to knock of Otto fuels. The two most important octane numbers are ROZ (Research-Oktan-Zahl) and MOZ (Motor-Oktan-Zahl). Fuels with a high resistance to knock release their energy in a more efficient way and prevent motors from damage.
Net operating profit after interest, tax and extraordinary items.
This the gasoline fraction yielded by primary distillation. To be used as an automotive fuel, naphtha must be processed.
Mild Hydrocracking and Distillate Hydro Treating Complex. MHC/DHT Complex in Pancevo Refinery enabled NIS to make a full transition to the production of environmentally friendly fuel – unleaded petrol and Euro diesel with sulphur content of no more than 10 ppm, in line with the “Euro 5“ standard.
The simplest aliphatic hydrocarbon, and the main component of natural gas. A greenhouse gas. Methane is formed by microbial processes during the decomposition of organic material under anaerobic conditions. Methane may be released during the transportation of fossil fuels.
Legal or natural person investing own credit or other engaged assets in investment projects.
A subdiscipline within the HSE involving a group of three business processes, namely, fire protection, process safety and emergencies.
Abbreviation which means the organizational units or activities in the field of occupational safety, industrial safety and environmental protection.
An international non-profit organization established in 1997 with the aim to achieve the highest quality in corporate reporting on sustainable development and provide globally applicable guidelines for making general reports about the viability of companies, including social and environmental indicators. GRI standards are improved year in, year out. Since 2006, G3 is applied the so-called third generation of ”sustainable development reporting”. G3 consists of principles and indicators defining the framework for the content and quality of reports on sustainable development, as well as instructions for setting limits while reporting.
Emissions of greenhouse gases that absorb and retransmit infrared radiation into the atmosphere, as a result of natural processes as well as by human activities ( carbon dioxide CO2, methane CH4 , nitrous oxide N2O , HFC fluorocarbon, perflourohydrocarbon PFC and SF6 sulfur hexafluoride);
A facility of the technological system for collection of oil from oilfields, serving for oil preparation and transportation.
A pipeline for transportation and distribution of gaseous hydrocarbons. Gas pipelines comprise the interstate pipeline system for gas transportation, pipelines from receiving stations to dispatch and gathering and dispatch stations at exploitation fields, from the point of refining and preparation to the regasification units, from and to natural gas storages to buyers, including natural gas distribution pipelines.
A facility which exploits free gas from gas fields.
Fluid catalytic cracking (FCC) is the most common cracking process.
Vertical, slanted or horizontal well in which fluid (oil and reservoir water) and dissolved gas are produced solely by means of reservoir energy.
A well drilled in order to identify hydrocarbon reserves.
The release of gaseous, liquid or solid substances into the atmosphere by industrial processes, vehicles or domestic heating systems; also the release of noise or radioactivity.
A set of legal and other regulatory and legal acts containing legal norms for environmental protection regulation, use of natural resources and provision of environmental safety and legal system.
Surroundings in which an organization operates, including air, water, land, natural resources , flora, fauna , human beings and their mutual relations
The part of a company’s after-tax earnings that is distributed to shareholders. The company’s board of directors proposes the dividend percent at the Annual Shareholders’ Assebly Meeting and it is voted by the shareholders. The dividend per share is calculated by dividing the dividend with the number of shares.
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