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Learn the latest about NIPCO Plc activities.

NIPCO DOWNSTREAM SECTOR ATTRACT MEGA DEALS

….. as Mobil Oil sells its 60% stake to NIPCO …. Nipco to maintain Mobil brand both in fuel, lubes businesses There are indications that the positive outlook in the downstream sector in Nigeria is attracting mega deals. The latest is the Exxon Mobil Oil Corporation sell...

NIPCO ACQUIRES 60% EQUITY IN MOBIL OIL

The Nigerian Independent Petroleum Company (NIPCO) has signed the acquisition of 60 per cent stake in leading downstream company, Mobil Oil Nigeria Plc (MON), following the execution of Sales and Purchase Agreement with ExxonMobil. In a statement after the deal was signed, the NIPCO Managing Director,...

NIPCO ACQUIRES 60% EQUITY IN MOBIL OIL

The Nigerian Independent Petroleum Company (NIPCO) on Wednesday announced the acquisition of 60 per cent stake in the Mobil Oil Nigeria Plc (MON), a leading downstream player of high repute. The Managing Director, NIPCO Mr Venkataraman Venkatapathy disclosed this in a statement after the completion...

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...