If that is a live round stovepipe then it's probably due to inertia feeds. Commonly, inertia feeding can be fixed by replacing the old magazine spring with a new and/or stronger one. Less commonly, fitting a flat bottom firing pin stop will slow the rearward velocity of the slide which will lessen the impact of the slide against the frame abutment thus reducing the muzzle flip thereby eliminating the inertia feed. Best solution is to replace the mag spring and fit a flat bottom firing pin stop.
If it's an empty case stovepipe then it's probably due to an extractor problem which may be able to be solved by adding tension to it or fitting a new extractor. Best solution is to fit a new extractor being sure to address its geometry, deflection, and tension. Here's a basic tutorial on extractor fitting:
LINK.
As for the feeding problem, that could be due to many things but replacing the recoil spring in one of these short 1911s is never a bad idea.
Wolff has recoil springs for the P12. Standard recoil spring weight is 22lbs. Wolff also offers an extra power 24lb spring but I'd advise against using it since additional forward speed of the slide may negatively impact reliable feeding.