بوابة الفجر
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Source: بوابة الفجر
24 Hrsبوابة الفجر
Source: بوابة الفجر
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The results of the Egyptian General Petroleum Corporation's operations during the fiscal year 2025/2026 focused on restoring production rates and supporting the local market by enhancing production and refining efficiency. The corporation succeeded in reducing its outstanding dues to investors, which increased confidence and stimulated new investments. As a result, crude oil production began to rise. Additionally, the refining capacity increased from around 67% to over 80%. Projects aimed at efficiency improvements, as well as expanding research and exploration efforts, were successfully implemented, including the signing of new contracts and the discovery of 63 new oil and gas fields. The corporation also developed refining systems, enhanced storage capabilities, and adopted digital technologies. It achieved significant savings in electricity and diesel consumption, all while remaining committed to social and environmental projects.
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