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
NGXCHEVRON
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.mrsholdings.com

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

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  1. ^ a b "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.