MRS Oil Nigeria Plc

MRS Oil Nigeria Plc is a Nigerian oil marketing company with headquarters in Lagos. The firm previously traded under the name of Texaco Nigeria Plc.

MRS Oil Nigeria PLC
Company typePublic
NGX: CHEVRON
IndustryOil and gas
Predecessor
Headquarters
Lagos
,
Nigeria
Area served
Nigeria
Key people
Patrice Albert
Marco Storari
Products
Revenue182.310 billion naira[1] (2023)
4.048 billion naira[1] (2023)
OwnerMRS Holdings Ltd.
Websitewww.mrsoilnigplc.net

MRS Oil has three business units: sale of petroleum at retail outlets or to industries, sale of aviation fuel and blending of lubricants.[2]

Previously known as Texaco Nigeria Plc, a firm whose activities in Nigeria dates back to 1969 when it was established to take over the Nigerian trading interest of Texaco Africa Limited.[3] In 2009, a consortium of MRS Holdings and Petroci Holdings bought majority stake from Chevron Oil and Gas to form MRS Oil Nigeria PLC.[4]

References

  1. "MRS Nigeria PLC Annual Report and Financial Statements for 2023" (PDF). Retrieved May 30, 2024.
  2. Reuters Editorial. "MRS Oil Nigeria". U.S. Retrieved 2018-07-27. {{cite web}}: |author= has generic name (help)
  3. Egene, Goddy (2013-07-03). "Nigeria: MRS Oil Nigeria - in Dire Need of Cheaper Funding". This Day (Lagos). Retrieved 2018-07-27.
  4. Kantai, Parselelo. "Fuel barons: Oligarchs' party may be over". Retrieved 2018-07-27.


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