MRS Oil Nigeria PLC | |
Type: | Public |
Industry: | Oil and gas |
Successors: | --> |
Founders: | --> |
Hq Location City: | Lagos |
Hq Location Country: | Nigeria |
Area Served: | Nigeria |
Key People: | Patrice Albert Marco Storari |
Revenue: | 182.310 billion naira[1] |
Revenue Year: | 2023 |
Net Income: | 4.048 billion naira |
Net Income Year: | 2023 |
Owner: | MRS Holdings Ltd. |
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 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]