While the declaration of force majeure by UK-based energy company BG Group for its Egypt operations came as a shock to the market, it was much less surprising to anyone…
Egypt’s Petroleum Ministry denied reports that gas company BG has halted production and development of two stages of its offshore West Delta…
The Egyptian government has made a payment of US$60 million to the United Arab Emirates-based company Dana Gas, an amount representing 28…
Debt levels in Egypt have reached historic highs as the government finds itself dependent on borrowing to finance citizens’ needs. Fitch Ratings…
Minister of Petroleum Sherif Ismail announced a rescheduling of loans owed by the government to international oil companies (IOCs), in cooperation with…
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