Dangote Refinery IPO Approved by Nigeria’s SEC
Nigeria’s SEC has approved the IPO of Dangote Refinery, which could raise $1.63 billion and support plans to double the facility’s capacity to 1.4 million barrels per day (mmbbl/d).
refining | Egypt Oil & Gas
Fuel Oil Supply Faces Q3 Shortfall Amid Refinery Disruptions
Fuel oil supply is expected to tighten in the third quarter as refinery disruptions, geopolitical conflicts, and shipping constraints disrupt global refined product markets, with Asia facing the greatest impact.
Sinopec Reports 19.3% H1 Profit Increase Despite Lower Refining Volumes
Sinopec, China’s state-owned oil and gas giant, is expanding its energy operations amid shifting domestic demand and global market uncertainty.
SOPC Refines1.4 mt of Crude in FY 2025/2026
Suez Oil Processing Company (SOPC) refined nearly 1.4 million tons (mt) of crude to provide mazut, asphalt, Liquefied Petroleum Gas (LPG), diesel, and gasoline, said Chairman Mohamed Shehata El-Baz during the gene ...
Nasr Petroleum Boosts Gasoline, Diesel Output in FY 2025/26
Nasr Petroleum processed 1.5 million tons of crude oil in FY 2025/26, while significantly increasing gasoline and diesel production and advancing energy efficiency and renewable energy projects.
ExxonMobil Eyes Expanded Lubricants and Synthetic Greases Investments in Egypt
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Dan Moore, Global Vice President of Lubricants at ExxonMobil, to discuss means of strengthening cooperation with the US oil and gas giant in the ...
India’s HPCL Seeks Venezuelan Crude to Boost Heavy Oil Processing
India’s state-run Hindustan Petroleum Corp Ltd (HPCL) is seeking to import Venezuelan crude oil for the first time as it plans to increase its processing of heavier grades in the new fiscal year (FY) beginning in ...
Badawi Boasts Sector Achievements on National Petroleum Day
Minister of Petroleum and Mineral Resources Karim Badawi announced a series of major sector achievements while celebrating the Golden Jubilee of National Petroleum Day, according to a statement by the ministry .
EGPC to Increase Crude Oil for Refining at Alexandria Petroleum Company
The Egyptian General Petroleum Corporation (EGPC) agreed to increase crude oil supplies to the Alexandria Petroleum Company (APC) refinery as well as accelerate the procedures needed to expand the production of pe ...
APRC Expands Refining and Storage Capacity Through EGP 2 bn Projects
Amreya Petroleum Refining Company (APRC) is implementing over EGP 2 billion worth of projects to increase production and the storage capacity of petroleum products, according to Chairman Mohamed Sobhy.
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