NNPCL, NIPCO Partner to Expand CNG Network NIPCO Gas Limited has partnered with the Nigeria National Petroleum Company Limited to expand the AutoCNG infrastructure nationwide by providing an alternative fuel option for motorists. The Managing Director, NIPCO Gas, Nagendra Verma, announced this on Sunday while giving...

NIPCO Plc has outlined measures being put in place by the majority shareholders of the newly acquired Mobil Oil Nigeria Plc, to make the deal a game changer in the downstream industry. The Group Managing Director, NIPCO Plc, Venkataraman Venkatapathy, said the deal will ensure...

Barely a week after it sold its downstream subsidiary in Nigeria, United States’ oil giant, ExxonMobil Corporation, has announced the discovery of up to one billion barrels of oil reserves in the Owowo field, offshore Nigeria. The development is a boost to Nigeria’s efforts to...

In a deal certain to boost confidence in the downstream segment of Nigeria’s oil and gas industry, indigenous downstream company, NIPCO Plc, announced yesterday that it has acquired a 60 per cent stake in Mobil Oil Nigeria (MON) Plc from United States oil giant,...