Search

Author: adminnipco

NIPCO PLC / Articles posted by adminnipco (Page 7)

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...

View More

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...

View More

NIPCO GMD Outlines Measures to Improve Fortunes of Mobil Plc

THE Group Managing Director, NIPCO Plc, Mr Venkataraman Venkatapathy, has outlined measures being put in place by the majority shareholders of the newly acquired ExxonMobil 60 percent equity stake in Mobil Oil Nigeria Plc to make the deal a game changer in the petroleum downstream sector. Venkatapathy stated at the Nigerian Stock Exchange, NSE, on the invitation of the Exchange to celebrate the successful completion of the largest acquisition witnessed in the Nigerian downstream oil sector. He said the acquisition which marks NIPCO ’s avowed resilience in the Nigerian economy will see...

View More

Completion of Acquisition of ExxonMobil stake in MON by NIPCO PLC in Lagos

L-R Company Secretary ,NIPCO Plc ,Barrister Paul Obi ; Managing Director, Mobil Plc., Tunji Oyebanji; Group Managing Director [GMD ], Venkataraman Venkatapathy; and Group Executive Director, Corporate Services, Alhaji Abdulkadir Aminu at the announcement of the completion of acquisition of ExxonMobil stake in MON by NIPCO PLC in Lagos . Group Managing Director ,NIPCO Plc ,Venkataraman Venkatapathy [3rd from left ] flanked by Company Secretary ,NIPCO Plc ,Barrister Paul Obi ;Managing Director ,Mobil plc ,Tunji Oyebanji ;and Group Executive Director ,Corporate Services ,Alhaji Abdulkadir Aminu at a news briefing on the...

View More

Harmonisation Of NIPCO, Mobil Oil Operations Begins

•Venkatapathy (third left) speaking at the event. With him (from left) are Group Executive Director, Legal Services Paul Obi, Mobil Managing Director Tunji Oyebanji and Group Executive Director, Corporate Services Alhaji Abdulkadir Aminu. • Mobil retail outlets now II Plc With the completion of acquisition of 60 per cent ExxonMobil’s shares in Mobil Oil Nigeria (MON) Plc, following statutory approvals from the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE), NIPCo Plc has begun harmonising the operations of the two firms. Its Group Managing Director, Mr. Venkataraman Venkatapathy, said...

View More

Mobil Oil Changes Name To DOUBLE ONE

L-R Group Executive Director [GED] Legal Services ,NIPCO Plc , Paul Obi ; Managing Director , Mobil Plc, Tunji Oyebanji ; Group Managing Director,Venkataraman Venkatapathy ; and Group Executive Director, Corporate Services , Alhaji Abdulkadir Aminu at the announcement of the completion of acquisition of ExxonMobil stake in MON by NIPCO PLC in Lagos Sequel to the successful completion of the acquisition process of the 60 per cent equity stake of ExxonMobil in Mobil Oil Nigeria Plc (MON) by NIPCO PLC, the new management under the group managing director, Venkataraman Venkatapathy...

View More

NIPCO Constructs New 5,000 MT LPG Storage Facility

The Nigerian Independent Petroleum Company (NIPCO) has embarked on the construction of a 5,000-metric tonne (MT) Liquefied Petroleum Gas (LPG) storage facility to ameliorate the challenges of domestic supply of cooking gas in the country. NIPCO spokesman, Taofeek Lawal, disclosed this during the company‟s facility tour with the media on the ongoing 5,000 MT LPG storage capacity in Lagos. Lawal said that the additional 5,000MT storage tank project when completed this year, would promote growth in Nigeria‟s LPG market, adding that the facility commenced in April 2016, with over 80 workers and...

View More
advanced-floating-content-close-btn