Regulator to Take Over Oil Contracts in Nigeria ...Middle East

OILPRICE - Economy
Regulator to Take Over Oil Contracts in Nigeria
source : OILPRICE ( Middle East ) () 128
Nigeria is considering stripping its state oil company of its decisive role in managing existing oil contracts and transferring that authority to the upstream regulator, in what could be the most significant shake-up since the 2021 Petroleum Industry Act (PIA). Under the proposal, contracts currently controlled by the Nigerian National Petroleum Company (NNPC) would move to the Nigeria Upstream Petroleum Regulatory Commission (NUPRC). Lawmakers say the shift is aimed at plugging “statutory leakages and opaque deductions” that have drained…

Hence then, the article about regulator to take over oil contracts in nigeria was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Regulator to Take Over Oil Contracts in Nigeria )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Number of mortgaged first-time buyers ‘up by nearly a fifth’ in 2025
INDEPENDENT - before 10 hours & 49 minute
Oil Prices Open 2026 Higher as Geopolitical Risk Rises
OILPRICE - before 7 hours & 30 minute
Russia’s Sanctioned LNG Finds a Growing Market in China
OILPRICE - before 2 hours & 11 minute
Turkey Prepares First Deepwater Drilling Venture Off Somalia
OILPRICE - before 3 hours & 26 minute
PU Prime Launches 'Champion in You' Campaign with the Argentine Football Association (AFA)
PR Newswire - before 2 hours & 5 minute
When is it a good or bad idea to take out a loan?
INDEPENDENT - before 2 hours & 39 minute
Three Russian Oil Tankers Sail to Reliance Refinery
OILPRICE - before 29 minute
Expert tips dramatic interest rates cut to 2.75% driven by unemployment
INDEPENDENT - before 15 minute


Latest News

Expert tips dramatic interest rates cut to 2.75% driven by unemployment

before 15 minute

Three Russian Oil Tankers Sail to Reliance Refinery

before 29 minute

PU Prime Launches 'Champion in You' Campaign with the Argentine Football Association (AFA)

before 2 hours & 5 minute

Russia’s Sanctioned LNG Finds a Growing Market in China

before 2 hours & 11 minute

When is it a good or bad idea to take out a loan?

before 2 hours & 39 minute

INCERGO S.A. PROGRESSION DE LA FUSION AVEC VISUAL SEMICONDUCTOR PAR L'ÉMISSION D'ACTIONS ET PRÉSENTATION D'ÉCRANS 3D SANS LUNETTE AU SALON DE L'ÉLECTRONIQUE GRAND PUBLIC DE LAS VEGAS

before 2 hours & 59 minute

Turkey Prepares First Deepwater Drilling Venture Off Somalia

before 3 hours & 26 minute

Nigeria: Govt Unveils 2026 Economic Growth Agenda, Set to Prioritise Jobs, Investments

before 6 hours & 3 minute

Oil Prices Open 2026 Higher as Geopolitical Risk Rises

before 7 hours & 30 minute

Number of mortgaged first-time buyers ‘up by nearly a fifth’ in 2025

before 10 hours & 49 minute

New car registrations in France to decline 5.02% in 2025

before 11 hour & 56 minute

Nigeria: Anthony Joshua Discharged From Hospital After Tragic Road Accident

before 12 hour & 15 minute

SMRs Explained: Real-World Economics, Fuel Bottlenecks, and the Race to Scale

before 12 hour & 55 minute

South Korea& 039;s exports hit a record high last year

before 13 hour & 42 minute

China& 039;s total grain purchases in 2025 will reach 415 million tons

before 14 hour & 24 minute