NIPCO NEWS Archives - Page 8 of 10

December 22, 2016

Petroleum Minister, Kichukwu Pledges Uninterrupted Fuel Supply During the Yuletide

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has assured Nigerians that the current fuel scarcity roll over to the yuletide even as Nipco plc restate its community to ship in more cargoes to augment supplies from the NNPC. Nipco had few days ago braced all odds in importing 37 million liters of petrol even when most marketers had shun importation owing to the outstanding subsidy claims of over N413 billion which although government had approved but is yet to be appropriated by the National Assembly for payment. Dr Kachikwu...

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September 14, 2016

NIPCO NEWS

NIGERIA GAS ASSOCIATION AND NIPCO PLC SEEK MORE FOCUS ON GAS IN NATION’S ENERGY MIX

The Nigeria Gas Association [NGA], and Nipco plc, an indigenous downstream operators in the Oil and Gas industry have asserted that for Nigeria to effectively harness her endowed gas resources there is need for a special policy focus on gas sector in the nation’s energy mix. Making the assertion during a courtesy visit by the President of the Nigerian Gas Association [NGA], Bolaji Osunsanya and some council members to Nipco Plc, the duo maintained that Nigeria will only be often referred to as gas heaven with low level of utilisation of...

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July 7, 2016

NIPCO NEWS

NIPCO Wins Twin Recognitions At Guardian Maiden Ioil & Gas Awards

The peerless housekeeping and safety compliant of NIPCO PLC has again earned the company the best Oil and Gas Health & Safety Company of the Year at the maiden edition...

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June 27, 2016

NIPCO NEWS

Nipco Strategic to Downstream Operation

The Nigerian National Petroleum Corporation [NNPC] has explained why NIPCO PLC remains a strategic partner with the corporation in the downstream sector of the nation’s oil and gas industry even as the company’s thru-put figures reached 1.8 billion litres of white products. Henry Ikem Obih, the Group Executive Director/COD [Downstream], who was on a visit to the company’s premises in Apapa said three main explanations on the key positions of NIPCO in the sector with the seamless operation of the company in the storage and distribution if of petroleum products being...

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June 24, 2016

NIPCO NEWS

THE NATION TUESDAY EDITORIALS, The NIPCO EXAMPLE

Vigorously pursuing the gas alternative is perhaps the surest way to diversify Nigeria’s economy It appears to us more like a rare admixture of tenacity and belief than economics and the pursuit of profits. This is the laudable story of NIPCO Plc., an indigenous oil and gas marketing firm. Last week, the management of NIPCO paid a courtesy call on former President Olusegun Obasanjo, at his Hilltop residence in Abeokuta, Ogun State. It was revealed at that occasion that the former president had granted licences to three firms to develop Nigeria’s abundant...

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June 22, 2016

NIPCO NEWS

Business Day Oval Energy Oil and Gas Award 2016

NIPCO Plc, formerly called IPMAN Petroleun Marketing Company Limited (IPMCL) was incorporated by members of the Independent Marketers Association of Nigeria (IPMAN) on January 8th, 2001 as a Private Limited Liability Company to participate in the distribution of White Petroleum Products business across the nooks and crannies of the Nation. NIPCO PLC known well for its distribution of White Oil products in Nigeria took a leap into the Gas Sector with its first LPG storage and distribution terminal at Apapa. NIPCO began the construction of a state of the art, Liquefied...

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June 16, 2016

NIPCO NEWS

Stakeholders Call for Effective Policy on Gas Utilisation

Stakeholders in the oil and gas sector have urged the Federal Government to do more in ensuring effective utilisation of domestic gas consumption. Nigeria is the seventh country with largest gas reserves with proven 187 trillion cubic feet reserves gas. Speaking with the Nigerian Tribune during a visit to former President Olusegun Obasanjo at the weekend, the former Special Adviser on Petroleum Resources during Olusegun Obasanjo administration, Dr Mohammed Ibrahim, mni, stated that “I was one of the team members, when Obasanjo was in office, in 2006 and initiated the...

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June 14, 2016

NIPCO NEWS

Obasanjo urges FG to promote CNG, LPG utilisation

A former President, Chief Olusegun Obasanjo, on Sunday urged the Federal Government to promote the use of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) in the country. Obasanjo made the plea during a courtesy visit by the management of NIPCO Plc to Obasanjo Hilltop Estate in Abeokuta, on the need by the Federal Government to promote use of CNG as a vehicular fuel. NAN reports that CNG is natural gas under pressure which remains clear, odourless, and non-corrosive. According to Obasanjo, in a bid to promote cleaner environment, the idea...

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June 2, 2016

CSR NIPCO NEWS

NIPCO – A Reliable Indigenous Ally In The Nation’s Oil & Gas Industry

A BUSINESS DAY SPECIAL REPORT ON INDIGENOUS PARTICIPATION IN NIGERIA'S OIL AND GAS INDUSTRY Nipco Plc, an indigenous integrated oil and gas company started operations at its state- of –the- art terminal in Apapa Lagos in 2004 and has since remained a consistent and significant player in the industry. It was in recognition of its assiduous contribution that she was deservedly granted the status of Major Marketer in 2013. Situated on Dockyard Road ,Apapa on a land approximately 10 hectares ,her primary role at inception was to participate in the distribution of...

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May 3, 2016

NIPCO NEWS

HOUSE COMMITTEE CHAIRMAN ON DOWNSTREAM LAUDS NIPCO OPERATIONS

The Chairman, House of Representatives Committee on Downstream Sector, Hon. Joseph Akinlaja has lauded the seamless operation of Nipco terminal in the petroleum products storage and distribution across the nooks and crannies of the nation. Hon Akinlaja who gave the commendation during a courtesy visit to the company said the level of automation is wonderful with the housekeeping very impressive. “What I have seen here today is akin to what operates in developed countries of the world that I have been privileged to visit in my over 35 years experience in the...

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