30 h. ago NNPCL Attributes Oil Output Boom To Collaboration Between Community, Surveillance Firm

The Nigeria National Petroleum Company Limited (NNPCL) has affirmed that the collaboration between host communities of the Trans Niger Pipeline (TNP) and Pipeline Infrastructure Nigeria Limited (PINL) has led to increasing oil production and contributing to greater revenue for the country. The head, Field Operations, Eastern Corridor, Project Monitoring Office (PMO NNPCL), Engr. Akponime Omojevwhe, […]

Politics

4 d. ago Nigeria Produced 554m Barrels Of Crude Oil, Condensate In 2025 – Regulator

…As daily average output rises by 5% to 1.63mbpd Nigeria’s crude oil and condensate production reached 554.4 million barrels in 2025, according to the latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The document tagged “Crude oil and condensate production 2025,” released by the NUPRC, showed that daily average crude and condensate production […]

Politics

6 d. ago World Bank projects cautious monetary policy amid improved growth outlook

Says Nigeria’s higher oil output expected to offset lower international oil prices Monetary policy stances are likely to remain read more World Bank projects cautious monetary policy amid improved growth outlook

Politics

2 w. ago Ensure Higher Oil Output, Lokpobiri Urges New Upstream Regulator

The new Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, faces the enormous responsibility of helping Nigeria ramp up crude oil and gas production, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has stated. Lokpobiri stated this when he received the new NUPRC chief executive in his […]

Politics

3 w. ago NNPCL records ₦502bn profit in November despite lower crude output

NNPCL records a ₦502bn profit in November 2025, driven by improved gas production and trading performance despite a dip in crude oil output. Read More: https://punchng.com/nnpcl-records-%e2%82%a6502bn-profit-in-november-despite-lower-crude-output/

Politics

4 w. ago Nigeria’s Oil Asset Auction Key Driver To Projected Oil Growth Target

Nigeria is closing the year with optimism around its upstream oil sector as a new licensing bid round raises expectations of improved crude oil output and increased investment. The federal government has anchored its ₦58.18 trillion 2026 Budget on a crude oil production target of 1.84 million barrels per day (mbpd) and an oil price […]

Politics