Standard Chartered: Clearing IOC Arrears Boosts Egypt’s Outlook

• Wednesday, 22nd July 2026
• by Doaa Ashraf

The recent settlement of overdue payments owed to international oil companies (IOCs) marks a significant positive indicator for Egypt’s medium-term economic outlook, according to Standard Chartered's July 2026 rep ...

PM Reviews Financial Allocations for Egypt’s Petroleum Supply

• Monday, 15th June 2026
• by Doaa Ashraf

Prime Minister Mostafa Madbouly met with Ahmed Kouchouk, Minister of Finance, and Karim Badawi, Minister of Petroleum and Mineral Resources, to review the status of financial allocations required to secure the cou ...

Nigeria’s Gas Producers Threaten Force Majeure

• Monday, 6th February 2017
• by Sarah Samir

Nigeria's gas producers threatened to declare force majeure over the inability of Generation Companies (Gencos) to settle outstanding arrears of over $630m for supplying gas to its power plants.