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NIPCO NEWS

NIPCO PLC / NIPCO NEWS (Page 6)
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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April 22, 2017
NIPCO NEWS

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...

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April 9, 2017
NIPCO NEWS

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...

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