Nigeria: NNPC Records Decline in Oil, Gas Output in July As Disruptions Hit Operations
Crude output fell 2.3% month on month as facility outages, pipeline incidents and equipment shortages cut July production and gas sales, NNPC said.
9 Articles
9 Articles
NNPC records decline in oil, gas output in July as disruptions hit operations
The decline in production came despite NNPC’s ongoing efforts to improve output and sustain operational efficiency across its assets. The post NNPC records decline in oil, gas output in July as disruptions hit operations appeared first on Premium Times Nigeria.
NNPC Remits N7.9tn To Federation Account In Seven Months - NewsTmes.com.ng
The Nigerian National Petroleum Company Limited (NNPCL) remitted N7.91tn to the Federation Account between January and July 2026, despite a decline in crude oil and condensate production recorded in July. The figures were disclosed in the company’s July 2026 operational and financial performance report released on Wednesday. According to the report, NNPCL generated N3.09tn in … The post NNPC Remits N7.9tn To Federation Account In Seven Months ap…
Nigerian Petroleum Company NNPCL Remits N7.91trillion To Federation Account In Seven Months, Says Report
The Nigerian National Petroleum Company Limited (NNPCL) has said it remitted N7.91 trillion to the Federation Account between January and July 2026, while recording N279 billion in profit after tax during the period. The figures were disclosed in NNPC’s July 2026 operational and financial performance report released on Wednesday. The company said it also recorded N3.09 trillion revenue during the seven-month period.
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