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January 1, 2018

Managing Director’s New Year Message to Staff

My dear fellow colleagues, I wish to felicitate with you all as we step into the New Year, 2018 with a sense of optimism of better days ahead. From my vantage position, I am upbeat about our company's growth pattern. May I seize the opportunity of this missive, which is my maiden one since assumption of office as the Managing Director to express my appreciation of the great work you have been carrying out for the company. I join you all in giving thanks and praises to God Almighty for His...

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December 31, 2017

NIPCO NEWS

MAKE CNG KITS DUTY FREE, STAKEHOLDERS TELL FG

Stakeholders in the oil and gas sector have urged the Federal Government to make importation of kits on Compressed Natural Gas (CNG) duty free to encourage effective vehicular gas utilisation. They made the appeal in separate interviews with the News Agency of Nigeria at the weekend in Lagos, while speaking on the slow pace at which vehicles switched to the use of CNG. Sunday Dawodu, managing director, Skylop Ultimate Gas Limited, observed that the high cost of CNG accessories contributed to the sluggish manner at which motorists were converting their vehicles...

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December 30, 2017

NIPCO NEWS

Retirement of NIPCO GMD

Management hereby announce the retirement of NIPCO Group Managing Director, Mr Venkataraman Venkatapathy with effect from December 19, 2017. Mr Venkatapathy joined the services of NIPCO in 2009 as Head LPG and was elevated to the position of Managing Director in January 2011. Following the completion of the acquisition of 60% ExxonMobil stake in Mobil Oil Nigeria Plc by NIPCO Plc April, 2016, Venkataraman Venkatapathy was appointed Group Managing Director [GMD], NIPCO Plc in December 2016 . The former NIPCO GMD has about four decades cognate experience in the hydrocarbon business. Management wishes him...

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December 29, 2017

NIPCO NEWS

DPR Director Extols NIPCO Product Truck Out

The Director, Department of Petroleum Resources [DPR] , Mr Mordecai Ladan has commended the load out history of NIPCO plc since the resurgence of petrol scarcity across the country which has manifested in increased trucking of the product across the nooks and crannies of the country . The DPR who disclosed this in an unscheduled visit to NIPCO terminal at Apapa in Lagos yesterday said he is impressed with the load out and the assurances by the company’s management on hitch free product loading as supplies from Nigeria National Petroleum Corporation...

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December 29, 2017

CSR NIPCO NEWS

CSR: NIPCO Strengthens SOS Village With Donation

NIPCO PLC, an integrated downstream company in the nation’s oil and gas industry has stepped up its corporate philanthropy drive with the donation of food items and drinks to SOS Children’s village, Isolo to enhance blissful moments for the children and families in this festive season. The donation which climaxed the company’s CSR plans for the year is part of the organization efforts to put smiles on the inhabitants of the village put in place as far back as 1970 after the gory years of the Nigerian civil war. In a message...

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December 21, 2017

NIPCO NEWS

INDUSTRIAL LPG USE SEEN LOWERING MANUFACTURING COST

Increased commitment using the various Liquefied Petroleum Gas operations in manufacturing processes will rescue Nigeria’s comatose manufacturing sector, help businesses cope with skyrocketing energy costs and promote cleaner energy by cutting fossil fuel emissions, industry stakeholders have said. With annual LPG production capacity of 4million tonnes, Nigeria currently consumes about 350,000 tonnes, according to the Nigeria Liquefied Petroleum Gas Association. This is fuelling calls for wider adoption of the Nigeria Gas Master Plan to deepen LPG usage in West Africa’s economic super power. ‘Nigeria is one of the largest producers of LPG...

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December 19, 2017

NIPCO NEWS

NIPCO Restates Commitment to Grow LPG Market

Nipco plc .an indigenous integrated oil and Gas Company has restated its commitment to promoting use of Liquefied Petroleum Gas [LPG] as domestic cooking gas through the donation of free cylinders to scores of residents of its host community –Apapa. The offer of the accessories which is one of the corporate social responsibility initiatives of the company attracted hundreds of people including community leaders the Baale of Marine Beach, Apapa, Joseph Ogunmola (JP) was also part of the conscious programme of the company to deepen use of gas and discourage use...

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December 11, 2017

NIPCO NEWS

NIPCO Set to Deepen Gas Usage with Free Accessories

NIPCO Plc has expressed its readiness to join hands with Federal government in improving access to Liquefied Petroleum Gas [LPG] as cooking fuel to the generality of Nigerians at affordable rates. Managing Director, NIPCO, Mr Sanjay Teotia, who gave the assurance while presenting LPG accessories to public school administrators’ under the aegis of Apapa local education authority and some head teachers in Lagos said it is one of the conscious ways of encouraging use of gas as domestic cooking fuel. The presentation of the items which included gas cylinders and burners...

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November 15, 2017

CSR NIPCO NEWS

CSR -NIPCO Renews Commitment To Sports Development

NIPCO Plc has renewed its commitment to promoting sports development as part of its corporate social responsibility in Lagos state especially its host community in Apapa.Chief Corporate Affairs Manager [CCAM] of the company ,Mr Lawal Taofeek disclosed this in an address at the Lagos State Universal Basic Education Board [SUBEB] Sports Festival / Merit Award for primary school pupils and teachers in Apapa sponsored by NIPCO. NIPCO has over the years being a consistent sponsor of the event aside from facilitating the inter house sports festival of its adopted school...

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July 19, 2017

NIPCO NEWS

Nipco Wins Twin Awards in Oil & Gas Industry

Nipco plc, an integrated oil and & gas company has bagged twin awards in the hydrocarbon industry for its seamless operations at the second edition of the prestigious Oil & Gas Innovation Awards 2016 organised by BusinessDay –Oval Energy . The awards namely, Downstream Marketing Company of the Year and LPG Distribution Company of the Year were presented to the company at an elaborate event aimed at rewarding, recognising institutions, organizations and personalities who have contributed immensely to the growth and development of the industry and the entire economy of the...

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Author: adminnipco