The Ministry of Petroleum and Mineral Resources is expanding oil and gas exploration, refining, and natural gas infrastructure in Upper Egypt as part of efforts to attract new investments and unlock the region’s hydrocarbon potential,
Updated 9/17/2026 10:06:00 AM
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