NIPCO sees opportunities amid 2019 challenges
Downstream oil company, NIPCO Plc, has said despite the challenges currently plaguing the industry, it is optimistic that this year will open new vistas of business opportunities. The firm also unveiled plans to surge investments for Corporate Social Responsibility (CSR) in 2019, as it celebrated achievements on securing jobs for all its employees despite the…
Otedola’s planned exit from Forte Oil raises concern on downstream sustainability
With the Chairman of Forte Oil Plc, Femi Otedola, set to sell his entire 75 per cent majority equity stake in the company in a deal estimated...
Nipco supports government’s cooking gas initiative
NIPCO Plc has expressed its readiness to support the Federal Government in improving access to Liquefied Petroleum Gas (LPG), as the preferred domestic cooking fuel to the generality of Nigerians at affordable rates.
Nipco reiterates support for education in Nigeria
NIPCO Plc has restated commitment to host community development as part of its corporate social responsibility initiatives especially in the area of education development through facility upgrade and co -curricular activities in primary schools in Lagos State.
NIPCO explains improved performance in 2016
The Group Managing Director (GMD), NIPCO Plc, Venkataraman Venkatapathy, has attributed the improved performance of the company in the 2016 financial year to increased sales drive, effective management of resources and adjustment of business model to the changing market variables.
NIPCO honours staff with long service awards
NIPCO Plc. has rewarded some of its staff that have demonstrated diligence and commitment to work in the service of the company. The employees numbering 25, were honored with ten years long service award ...
ExxonMobil explains divestment from downstream as shareholders react
ExxonMobil, an American multinational oil and gas corporation, has said that its divestment of 60 per cent stake in Mobil Oil Nigeria Plc, to Nipco Plc., would create opportunity for growth of the company’s brand.