Staff, customers and visitors at the head-office of a bank along Ahmadu Bello Way, Victoria Island, Lagos State, ran for their lives following a fire outbreak of a bank yesterday morning.

The Federal Government’s desire to grow Nigeria’s strategic oil reserves to about 40 billion barrels and daily crude oil production to four million barrels per day may suffer setback...

International oil companies have been urged to stop flouting the Nigeria local content law and thwarting maximum utilisation of Nigerian services and assets. The Executive Secretary...

If a new upstream project is not approved after the completion of the Egina Floating Production Storage Offloading (FPSO) vessel, ship repair and fabrication yards...

The House of Representatives yesterday urged the Nigerian National Petroleum Corporation (NNPC) to strengthen the National Petroleum Investment Management Services (NAPIMS).

The controversy on the Federal Government’s plan to spend $1 billion to combat terrorism in the country took a new twist yesterday as Rivers State Governor Nyesom Wike...

The Senate Committee on Local Content has ordered the Group General Manager of National Petroleum Investment and Management Service (NAPIMS), Mr. Roland Ewubare, to appear before it within 24 hours or risk being forced to do so.

Given consideration to the foregoing, it is apparent that NAPIMS and NNPC stepped beyond their legitimate regulatory boundaries. As President Muhammadu Buhari would say, they crossed ‘the red line’ and indeed, over-reached themselves.

The National Petroleum Investment Management Services (NAPIMS), an arm of the Nigerian National Petroleum Corporation (NNPC), has directed operators in the petroleum...

The Nigerian National Petroleum Corporation (NNPC) has revisited its restructuring programme with the appointment and deployment of top executives across the value chain of its operations.

Members of the Senate Committee on Petroleum (Upstream) were yesterday shocked when management of the National Petroleum Investment Management Services (NAPIMS)

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, told The Guardian in an exclusive chat that “we (government) are seriously looking at our costs on all projects,” adding, “most costs have been reviewed downward.”