Newscoven
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World

    Makinde: APC Resorts To Politics Of Falsehood, Overwhelmed By My Popularity, Record Of Performance

    Oyo APM Launches 2027 Campaign •Vows To sustain Makinde's Gain

    Oyo APM Launches 2027 Campaign •Vows To sustain Makinde’s Gain

    APC Sets One Million-Vote Target for Tinubu In Ondo

    APC Sets One Million-Vote Target for Tinubu In Ondo

    2027 Elections: Oyo Govt Appointees Rallies Behind Makinde, Adekanmbi

    2027 Elections: Oyo Govt Appointees Rally Behind Makinde, Adekanmbi

    Adekanmbi To Alli: Agodi Government House Not Reward For Legislative Incompetence

    Adekanmbi To Alli: Agodi Government House Not Reward For Legislative Incompetence

    ₦150Bn IGR Projection: Show The Math Adekanmbi Dares Alli

    ₦150Bn IGR Projection: Show The Math Adekanmbi Dares Alli

    Agodi Fish Farm: APC, Manufacturer Of Falsehood, Misinformation -Oyo Govt

    Agodi Fish Farm: APC, Manufacturer Of Falsehood, Misinformation -Oyo Govt

  • Entertainment
    Senate Gifts Flamingos, U-17 Women's World Cup Winners, ₦100m

    Senate Gifts Flamingos, U-17 Women’s World Cup Winners, ₦100m

    Good morning sir. I'm back again. I just published 5 stories. One of them refuses to upload photo. Kindly help me to do the needful and share them to me. Here is the black sheep... Dangote Cement Flags Off Football Tournament In Host Communities

    Dangote Cement Flags Off Football Tournament In Host Communities

    Adamu Becomes CAF General Secretary After Months Of Acting

    Adamu Becomes CAF General Secretary After Months Of Acting

    Broda Shaggi: I Feared Fans May Forget Me After Stray Bullet Ordeal

    Broda Shaggi: I Feared Fans May Forget Me After Stray Bullet Ordeal

    Yemi Alade: Why I Let Fans Name My New Album

    Yemi Alade: Why I Let Fans Name My New Album

    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

  • About Us
  • Contact Us
  • More
    • Advertisement
    • Disclaimer
    • Privacy Policy
    • Terms of Use
Friday, November 13, 2026
No Result
View All Result
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World

    Makinde: APC Resorts To Politics Of Falsehood, Overwhelmed By My Popularity, Record Of Performance

    Oyo APM Launches 2027 Campaign •Vows To sustain Makinde's Gain

    Oyo APM Launches 2027 Campaign •Vows To sustain Makinde’s Gain

    APC Sets One Million-Vote Target for Tinubu In Ondo

    APC Sets One Million-Vote Target for Tinubu In Ondo

    2027 Elections: Oyo Govt Appointees Rallies Behind Makinde, Adekanmbi

    2027 Elections: Oyo Govt Appointees Rally Behind Makinde, Adekanmbi

    Adekanmbi To Alli: Agodi Government House Not Reward For Legislative Incompetence

    Adekanmbi To Alli: Agodi Government House Not Reward For Legislative Incompetence

    ₦150Bn IGR Projection: Show The Math Adekanmbi Dares Alli

    ₦150Bn IGR Projection: Show The Math Adekanmbi Dares Alli

    Agodi Fish Farm: APC, Manufacturer Of Falsehood, Misinformation -Oyo Govt

    Agodi Fish Farm: APC, Manufacturer Of Falsehood, Misinformation -Oyo Govt

  • Entertainment
    Senate Gifts Flamingos, U-17 Women's World Cup Winners, ₦100m

    Senate Gifts Flamingos, U-17 Women’s World Cup Winners, ₦100m

    Good morning sir. I'm back again. I just published 5 stories. One of them refuses to upload photo. Kindly help me to do the needful and share them to me. Here is the black sheep... Dangote Cement Flags Off Football Tournament In Host Communities

    Dangote Cement Flags Off Football Tournament In Host Communities

    Adamu Becomes CAF General Secretary After Months Of Acting

    Adamu Becomes CAF General Secretary After Months Of Acting

    Broda Shaggi: I Feared Fans May Forget Me After Stray Bullet Ordeal

    Broda Shaggi: I Feared Fans May Forget Me After Stray Bullet Ordeal

    Yemi Alade: Why I Let Fans Name My New Album

    Yemi Alade: Why I Let Fans Name My New Album

    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

  • About Us
  • Contact Us
  • More
    • Advertisement
    • Disclaimer
    • Privacy Policy
    • Terms of Use
No Result
View All Result
Newscoven
No Result
View All Result
Home Business Energy | Oil & Gas

NNPC To Critics: We’ve Steady Growth In Crude Oil, Gas Production

by Newscoven
August 8, 2026
in Energy | Oil & Gas
Reading Time: 2 mins read
1 0
A A
0
NNPC To Critics: We've Steady Growth In Crude Oil, Gas Production
1
SHARES
13
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

NNPC Limited has replied its critics, stating that it has continued to record steady growth in national crude oil and gas production, reinforcing its transformation into a full commercial, globally competitive energy company.

 

This was contained in a press release, on Saturday, by the national oil company’s Chief Corporate Communications Officer, Andy Odeh.

Given the demonstrable progress, the company decried a recent media commentary, credited to the Oil and Gas Professionals Forum (OGPF), questioning the performance of the Company’s leadership under Group Chief Executive Officer, Bayo Ojulari.

RelatedPosts

Q3: Dangote Refinery Posts $22.5Bn Revenue, $4.7Bn Net Profit

Dangote To Deliver $16Bn East Africa Refinery In 40 Months

2025 Audit Results: NNPC Declares ₦7.2Tn Profit, ₦5.8Tn Dividend

NNPC and its critics

The reported media commentary was in connection with the recently concluded oil licensing round conducted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

NNPC Limited stated in the release that it welcomed scrutiny of its operations and performance, consistent with the transparency and accountability it holds itself to.

The company however noted that it was important to set the record straight on the specific claims raised in the media commentary.

It specifically stated its position on the licensing round outcomes and production performance.

On The Licensing Round

It stated that, under the Petroleum Industry Act (PIA) 2021, the conduct of oil licensing rounds and the allocation of oil blocks fall squarely within the statutory mandate of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

“NNPC Limited, since its incorporation, has operated strictly as a commercial entity and holds no regulatory or allocative authority,” it was stated in the release.

On Crude Oil Production

The company asserted that publicly-available data reflected a clear and sustained improvement in crude oil output under the current leadership.

“As of April 2025, average crude oil production stood at 1.60 million barrels per day (mbpd) inclusive of condensate.

“Output rose through the second half of 2025 and stabilised at 1.67 mbpd inclusive of condensate, by April 2026.

“This is an increase of approximately 80,000 barrels per day, which represents six per cent growth.

“These figures are documented in NNPC Limited’s Monthly Performance Report, which is available to the public,” it added.

On Gas Production

The national oil company further claimed that its gas production has recorded similar growth.

“As of April 2025, gas production averaged 7,354 million standard cubic feet per day (mmscfd).

By April 2026, this had risen to 7,729 mmscfd, which represents a five per cent growth, an indicator of expanding gas output in support of Nigeria’s domestic energy security and export commitments.

“Again, these figures are documented in the publicly available NNPC Limited’s Monthly Performance Report,” it stated.

The company restated its commitment to operating with transparency, assuring that it will continue to engage openly on matters concerning its performance and operations.

It however declared that it also reserved the right to take necessary steps to protect its reputation and that of its leadership against publication of false or unsubstantiated claims.

“We encourage industry commentators, analysts, and professional associations to verify information through the appropriate regulatory and corporate channels before publication.

“This will help ensure that public commentary is factual, balanced, and contributes constructively to informed discourse on the Nigerian energy sector,” it was added in the release.

Tags: Bayo OjulariNNPC LtdOil and Gas Professionals Forum (OGPF)
SendShareTweet

Related Posts

Q3: Dangote Refinery Posts $22.5Bn Revenue, $4.7Bn Net Profit

Q3: Dangote Refinery Posts $22.5Bn Revenue, $4.7Bn Net Profit

by Newscoven
October 14, 2026
0
8

Dangote Petroleum Refinery and Petrochemicals has, in Q3 of 2026, recorded a remarkable turnaround in its financial performance, posting $22.5...

Dangote To Deliver $16bn East Africa Refinery In 40 Months

Dangote To Deliver $16Bn East Africa Refinery In 40 Months

by Newscoven
October 1, 2026
0
7

President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has announced that the $16 billion Dangote East Africa Petroleum Refinery &...

2025 Audit Results: NNPC Declares ₦7.2Tn Profit, ₦5.8Tn Dividend

2025 Audit Results: NNPC Declares ₦7.2Tn Profit, ₦5.8Tn Dividend

by Newscoven
September 29, 2026
0
18

The Nigerian National Petroleum Company Limited (NNPC) has, in its 2025 audit results, announced an after tax profit of ₦7.2...

ICT | Science | Technology

NCC Lauds Globacom On Customer Service Milestones

NCC Lauds Globacom On Customer Service Milestones

October 13, 2026
5
FG Targets 90,000 Kilometres Fibre Across 36 States by 2028 -Yilwatda

FG Targets 90,000 Kilometres Fibre Across 36 States by 2028 -Yilwatda

October 10, 2026
12
GOCOP Trains Online Publishers On AI, SEO, Monetisation As Ad Revenue Model Weakens

GOCOP Trains Online Publishers On AI, SEO, Monetisation As Ad Revenue Model Weakens

October 8, 2026
24
NCC, ALTON Roll Out Free Daily Data For Learners

NCC, ALTON Roll Out Free Daily Data For Learners

October 1, 2026
9
NCC Trains 100 PWDs On Digital Skills In Lagos

NCC Trains 100 PWDs On Digital Skills In Lagos

September 19, 2026
14
Prev Next

Health

Consent Or Coercion? The Legal Fiction Of "Informed Consent" In Nigerian Hospitals

Consent Or Coercion? The Legal Fiction Of “Informed Consent” In Nigerian Hospitals

April 26, 2026
35

What I’ve Learned From A Year Without Alcohol

January 21, 2024
12

The Gene We Cannot Edit: CRISPR, Eugenics, And Nigeria’s Missing Bioethics Law

April 19, 2026
36

NiDCOM To Kick Off NDD 2026 With Diaspora Health Impact Initiative

February 18, 2026
12

Senator Alli Seeks Collaboration With NACA For Oyo South

April 7, 2024
106

How Neuroplasticity Can Help You Get Rid Of Your Bad Habits

January 24, 2024
5
Prev Next
Newscoven

NewsCoven.com is an independent and unbiased online news medium determined to take a holistic approach to reportage of events, covering all spheres of human activities, with refreshed zeal and vigour.

Contact: +234-805-732-0978

Categories

  • Achievers | Appointments
  • Agriculture
  • Analysis
  • Arts | Book Review
  • Banking & Finance
  • Business
  • Church
  • Crime | Court | Judiciary | Security
  • Culture | Religion
  • Editorial | Discourse | Opinion
  • Education
  • Energy | Oil & Gas
  • Entertainment | Sports
  • Environment | Community | Eye Report | Metro
  • Fact-Checking With Kingsley Okon
  • Feature
  • Health
  • Health Law & Human Dignity
  • Hotels | Travels | Tourism
  • ICT | Science | Technology
  • In The Eyes of the News
  • Interviews
  • Islam
  • Kaleidoscope With Anike
  • News
  • Peoples | Events
  • Politics
  • Reflections With Dapo Falade
  • Science
  • The Book Cast
  • The Ethics Pulse
  • Uncategorized
  • VOXPOPULI
  • Woman's Essence by Motunrayo Busari
  • World

Recent News

Makinde: APC Resorts To Politics Of Falsehood, Overwhelmed By My Popularity, Record Of Performance

November 13, 2026
Oyo APM Launches 2027 Campaign •Vows To sustain Makinde's Gain

Oyo APM Launches 2027 Campaign •Vows To sustain Makinde’s Gain

November 13, 2026

Why I Lost Confidence In Tinubu -Makinde

November 13, 2026

© 2024 NewsCoven - Beyond the Surface by DF Global Resources Enterprises.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • About Us
  • Advertisement
  • Breaking News | Latest Nigerian News Today
  • Checkout
  • Contact Us
  • Disclaimer
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms of Use

© 2024 NewsCoven - Beyond the Surface by DF Global Resources Enterprises.