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ADNOC

The state oil company of the UAE.

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THE TIMELINE

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Economy · August 1, 2026

US Extends MOL License for NIS Talks Until August 28

OFAC has extended Hungarian MOL's license to negotiate with Gazprom Neft over the purchase of NIS until August 28.

Economy · August 1, 2026

Uzbekneftegaz and KBR Discuss Expanding Cooperation in Oil and Gas Projects

Uzbek state company Uzbekneftegaz and American engineering firm KBR discussed expanding cooperation in oil and gas investment projects, including the introduction of modern engineering solutions.