IMF
-
Angola Plans to Disassemble NOC Sonangol
Wednesday, 25th November 2020
Angola’s finance minister, Vera Daves de Sousa, has announced plans to start partial disposal of the national oil company (NOC) Sonangol by the end of 2021 or early 2022.
-
Iraqi Oil Production Remains Unaffected Amid Turmoil
Thursday, 31st October 2019
The International Monetary Fund (IMF) has declared Iraq's oil production and oil fields unaffected by the nationwide protests.
-
El Sisi Affirms Sector’s Natural Gas Self-Sufficiency
Thursday, 1st August 2019
The oil and gas sector has succeeded in terms of self-sufficiency, manufacturing and exporting, President Abdel Fattah El Sisi said during the “Ask the President” session, as part of the National Youth Conference held on July 30-31.
-
Egypt Announces New Fuel Prices
Friday, 5th July 2019
The Egyptian Cabinet announced the new fuel prices on July 5, increasing prices by around 25% after subsidy cuts.
-
IMF, Egypt Reach Agreement on Egypt’s EFF Fifth Review
Sunday, 19th May 2019
The staff-level agreement will still be pending approval from the IMF executive board, which will make the final $2-billion tranche available, bringing total disbursements to $12 billion.
-
Reforms of Fuel Subsidies to be Completed in FY 2018/19: IMF
Monday, 8th April 2019
The Egyptian government is keen to attain full cost recovery for all fuel products, except for liquefied petroleum gas (LPG) and fuel used in power plants and in bakeries by the end of FY 2018/19.
-
IMF to Visit Egypt for Final Loan Review in May
Wednesday, 3rd April 2019
Lall praised the economic reform measures taken by Egypt that boost the country's investments and enable its private sector to continue growing.
-
IMF Approves Fifth Loan Tranche to Egypt
Tuesday, 5th February 2019
The IMF board completed the fourth review of Egypt's economic reform program, allowing the fifth tranche to be disbursed to the North African country.
-
IMF Executive Board to Discuss Egypt’s Fourth Economic Review
Sunday, 27th January 2019
Christine Lagarde, IMF Managing Director, recommends IMF board to approve the fourth review of Egypt's IMF loan facility.
-
Egypt to Float Benzene Prices in March
Thursday, 27th December 2018
Egypt plans to announce its pricing mechanism for 95-octane benzene by the end of December 2018, to start linking the product to international prices in March 2019.
Latest News
-
GUPCO to Invest $562 MM in FY 2020/21
-
El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
-
Egypt Launches First Natural Gas Stations App
-
Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.91 | +0.27% |
Crude Oil (Brent) Brent | USD/bbl | 62.85 | +0.24% |
NYMEX Natural Gas | USD/MMBtu | 2.88 | +1.30% |
OPEC Basket Price | USD/bbl | 64.24 | -0.20% |
Last Modified March 3, 2021