Nigeria's Oil and Gas Output Rises to 3.04 Million Boepd
Output rose to 3.04 million barrels of oil equivalent a day as revenue reached 4.61 trillion naira and profit after tax hit 509 billion naira.
10 Articles
10 Articles
NNPC posts N3.49trn profit in nine months
By Obas Esiedesa, Abuja ABUJA — The Nigerian National Petroleum Company Limited (NNPC) recorded a cumulative Profit After Tax (PAT) of N3.494 trillion between January and September 2026, following an 18.1 per cent increase in its September profit to N509 billion. The September profit rose from N431 billion recorded in August, according to the company’s […]
Nigeria's Oil and Gas Output Rises to 3.04 Million Boepd
Nigeria’s NNPC raised its oil and gas production in September from a month earlier as output was restarted at some oilfields, the state-owned oil and gas company said in its latest monthly report this week. NNPC’s total oil and gas production rose to 3.04 million barrels of oil equivalent per day (boepd), up from 3.01 million boepd in the previous month, amid slightly higher crude oil and natural gas production and flat condensate output, NNPC’s…
Nigeria cashes 3.4 billion dollars thanks to global tensions, but the production of NNPC remains hostage to sabotages, failures and infrastructure failures. The article Nigeria: the black gold obstacle race reaches 3.04 million barrels, under the pressure of strong demand comes from Economic Scenarios.
NNPC Reports N509 Billion Profit Despite Weak Oil Sales Growth, Raising Questions Over Earnings
The Nigerian National Petroleum Company (NNPC) Limited generated N4.61 trillion in revenue and recorded N509 billion in profit after tax in September 2026, according to its latest monthly operations and financial report. Released on November 3, the report showed that the company’s financial performance improved despite only a slight increase in crude oil and condensate […]
NNPC Reports N4.61trn Revenue, N509bn Profit As Oil Sales Barely Increase In September
The Nigerian National Petroleum Company (NNPC) Limited reported N4.61 trillion in revenue and N509 billion in profit after tax in September 2026, despite a marginal 0.29% increase in crude oil and condensate sales during the month. The company’s latest Monthly Operations and Financial Report, released on November 3, showed that crude oil and condensate sales […]
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