Nasr Petroleum Company (NPC) and Suez Oil Processing Company (SOPC) refined a combined 2.9 million tons of crude oil in fiscal year (FY) 2025/2026, as the Ministry of Petroleum and Mineral Resources moves to increase refinery operating rates and petroleum product output.
Updated 8/23/2026 1:36:00 PM
Alexandria Petroleum Company raised its refinery operating rate to 83% during the final two quarters of fiscal year (FY) 2025/2026, up from 70% in the first quarter (Q1), as increased crude oil supplies drove higher production of several petroleum products.
Updated 8/23/2026 9:57:00 AMEgypt plans to implement refinery development projects with total investments of $4.5 billion to increase domestic petroleum product production and reduce reliance on imports, Minister of Petroleum and Mineral Resources Karim Badawi announced.
Updated 8/9/2026 7:55:00 AM