Egypt to Settle $1.3bn in Oil Arrears by June to Boost Energy Investment

Egypt’s Ministry of Petroleum and Mineral Resources announced on Saturday that it will settle $1.3bn in outstanding dues owed to international oil companies by June 2026, accelerating its previously announced repayment schedule. The move comes as part of broader efforts to restore investor confidence and revive upstream activity, following years of delayed payments caused by […] The post Egypt to Settle $1.3bn in Oil Arrears by June to Boost Energy Investment first appeared on Dailynewsegypt .