Madbouly: Local Fuel Prices are not Solely Determined by International Rates

• Thursday, 23rd October 2025
• by Doaa Ashraf

Egypt’s fuel prices are not solely determined by Brent crude benchmarks, but rather by a complex set of factors—including local production costs and arrears owed to and paid by the government to International Oil Comp...

Prime Minister and Petroleum Minister Discuss Clearing Arrears and New Incentives for Exploration

• Tuesday, 1st October 2024
• by Fatma Ahmed

Prime Minister Mostafa Madbouly met with Minister of Petroleum and Mineral Resources Karim Badawi to discuss several key topics, including the latest updates on clearing arrears owed to foreign partners and the outcom...