MRS Oil Nigeria Plc is a Nigerian downstream petroleum marketing company listed on the Nigerian Exchange. Part of the MRS Holdings group, it evolved from the former Chevron/Texaco downstream operations in Nigeria and operates under the MRS brand nationwide.
The company supplies and distributes refined petroleum products—petrol (PMS), diesel (AGO), kerosene (DPK), and aviation turbine fuel (ATK)—alongside automotive and industrial lubricants. Its activities span retail service stations, commercial and industrial supply, and aviation fueling, supported by storage, terminal, and logistics infrastructure in key hubs. MRS Oil also blends and packages lubricants for the domestic market.
MRS Oil serves consumers, businesses, and transport sectors across Nigeria through owned and third‑party channels, focusing on reliable distribution of fuels and lubricants within the country’s downstream energy market.
All marketers buy at equal terms. Retail prices are set by marketers. The market is deregulated, and the refinery produces 50 million litres daily, meeting demand despite volatility.
