Oil And Gas: NNPC Restores Production Of 275,000bpd Production

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The Nigerian National Petroleum Company Limited (NNPCL) has reached a peace deal with TotalEnergies, the Petroleum and Natural Gas Senior Staff Association (PENGASSAN), and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). The agreement aims to suspend ongoing industrial action and restore 250,000 barrels of oil per day production. The agreement was reached after a lengthy negotiation session.