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Gov’t set to pay USD 1 bn in arrears to foreign energy firms next month
The government plans to settle all its foreign energy dues by year-end
Gov’t to pay another USD 1 bn in outstanding arrears to foreign oil and gas companies in March
Hello all you wonderful people, and welcome back to the work week. We have a packed issue for you today,…
Suez Canal completes EGP 9 bn southern expansion
PLUS- Lukoil awarded South Wadi El Sahl concession
Int’l energy players to invest USD 130 mn in oil and gas drilling
The companies will drill 10 oil and gas exploration wells in East Port Said and the Western Desert
Trump’s steel, aluminum tariffs plan sees non-US metal stocks fall and US steel stocks rise
Analysts are warning of stagflation risks as Trump's new trade war escalation fuels market uncertainty
United Energy to snap up Apex’s entire Egypt operations
The transaction aims to enhance financial health, ramp up investment, and generate long-term value for shareholders
Beltone Venture Capital invests in Moroccan eyewear brand LNKO
PLUS- ExxonMobil eyes two new USD 240 mn exploratory wells in 1Q 2026
Cabinet signs off on new oil and gas agreements and more
The cabinet approved five concession agreements, that will see no less than USD 225.3 mn invested to drill at least…
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