In figures released on Wednesday, the firm said total revenue for the year reached about $44.8 billion, with statutory payments to government agencies and partners totalling roughly $10.9 billion.
While the company did not provide comparative 2024 results, it acknowledged that December production averaged 1.54 million barrels per day. NNPC attributed the dip to scheduled maintenance and several unplanned outages. Revenue for the final month of the year was approximately $3.57 billion.
Upstream infrastructure performance was solid, with pipeline systems reporting full availability. The company highlighted progress on key gas infrastructure projects, including the completion of mainline welding on the Ajaokuta-Kaduna-Kano pipeline and the advancement of pilot-hole drilling on the Obiafu-Obrikom gas pipeline.
NNPC noted that all reported figures are provisional pending final reconciliation with stakeholders.
Analysts and market participants will be watching the finalised data for indications of how the state energy firm plans to maintain growth amid shifting global oil dynamics.