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NIPCO Records 69% Rise in Total Revenue

NIPCO Records 69% Rise in Total Revenue NIPCO Plc, a downstream oil and gas company, has recorded a 69 per cent increase in turnover for the fiscal year 2023 compared to the previous year despite facing product and foreign exchange challenges NIPCO Plc Chairman, Chief Bestman...

Cooking Gas Crisis: FG Sets Up Committee to Crash Price

Cooking Gas Crisis: FG Sets Up Committee to Crash Price   To arrest the escalating price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, the Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo, has constituted a committee with the mandate to come up...

Subsidy: NNPCL, Nipco Partner to Deploy Autogas Stations

Subsidy: NNPCL, Nipco Partner to Deploy Autogas Stations   The Nigerian National Petroleum Company Limited (NNPCL) has announced its partnership with Nipco Gas Limited for the development and deployment of Compressed Natural Gas stations across the country. CNG, popularly called autogas, is another form of fuel that...

NNPC Pumps 67 million Litres to Ease Scarcity

NNPC Pumps 67 million Litres to Ease Scarcity The Nigerian National Petroleum Company Limited has released about 67 million liters of Premium Motor Spirit to marketers, clearing queues for petrol in many parts of Abuja, Niger, and Nasarawa. NNPC revealed that some of its 67 million...

NNPC, NIPCO, Lekki Free Zone Sign Gas Deal

NNPC, NIPCO, Lekki Free Zone Sign Gas Deal   The Nigeria National Petroleum Company Ltd and NIPCO Gas Limited have penned their signature on a gas infrastructure agreement with the Lekki Free Trade Zone Development Company. According to the companies, the agreement would strengthen gas supply to...

Despite Abundant Gas, Nigeria Imports 71% Of LPG Consumed In One Month – PPPRA

Despite Abundant Gas, Nigeria Imports 71% Of LPG Consumed In One Month – PPPRA       Despite abundance of gas in Nigeria, 71.35 per cent of the Liquefied Petroleum Gas, LPG, also known as cooking gas, consumed in the country in the month of August 2020 were...