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
TypePublic: NSE:CHEVRON
IndustryOil and gas
Predecessor
  • Chevron Nigeria Plc
  • Texaco Nigeria Plc
Headquarters
Lagos
,
Nigeria
Key people
Patrice Albert
Marco Storari
Products
Revenue64.90937 billion naira[1] (2019)
-1,704,010,000 naira[1] (2019)
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.[1]

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.[2] In 2009, a consortium of MRS Holdings and Petroci Holdings bought majority stake from Chevron Oil and Gas to form MRS Oil Nigeria PLC.[3]

References

  1. Editorial, Reuters. "MRS Oil Nigeria". U.S. Retrieved 2018-07-27.
  2. Egene, Goddy (2013-07-03). "Nigeria: MRS Oil Nigeria - in Dire Need of Cheaper Funding". This Day (Lagos). Retrieved 2018-07-27.
  3. Kantai, Parselelo. "Fuel barons: Oligarchs' party may be over". Retrieved 2018-07-27.
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