Oil Output Drops to 1.51mbpd in February as NNPC Remits N1.804trn

Nigeria’s crude oil and condensate production declined to an average of 1.51 million barrels per day (mbpd) in February 2026, even as the Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a significant surge in statutory remittances, paying ₦1.804 trillion…

NNPC Woos Global Investors, Showcases Nigeria’s Energy Potential at Milan Gastech Conference

The Nigerian National Petroleum Company Limited (NNPC Ltd) has renewed calls for international investors to take advantage of the country’s vast energy opportunities, declaring Nigeria as Africa’s new frontier for energy investment. Group Chief Executive Officer of NNPC Ltd, Engr.…

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