The Egyptian Minister of Petroleum, Tarek El Molla discussed Egypt's dues to international oil companies (IOCs), foreign investments in the country's energy industry, and regional partnerships in the petroleum sector ...
The total amount of dues that are owed by the Egyptian Ministry of Petroleum to British Gas (BG) and Shell, in return for their shares in the gas produced at El-Borollos and Rasheed fields, have increased to $1.1b, f ...
Egypt has reduced the arrears it owes to foreign oil companies by $100m to $3.4b in 2015/2016, compared to the previous year, declared the Petroleum Minister, Tarek El Molla.
Russia’s energy giant, Gazprom has received full payments for gas supplies to Belarus, confirmed Gazprom Head, Alexey Miller, who also added that the debt issue is nothing but a dispute between two local enterprises
Venezuela is currently in negotiations with China to earn a grace period in its oil-for-loans deal that is expected to improve the whole OPEC nation’s capacity to make bond payments amid an economic crisis
Engineer Mohamed Al Masry, Head of the Egyptian General Petroleum Corporation (EGPC), said that Egypt's financial debts to foreign partners amount to $3.1b, which the government will continue paying off.
A source informed Bloomberg that the Iraqi government has mandated Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. to organize meetings to help launch the country’s planned $6b international bond program, ...