Magma Petroleum Investment Limited is a global oil and gas company and among the five subsidiaries of the Magma Group; Britanica HDD Refinery, Magma Methanol Company Limited, Magma Fertilizer Company Limited, Magma Gas and Power Spectrum Limited and Magma Agro-Allied Limited.
Our core business is in trading and logistics of the Bonny Light Nigerian Crude Oil including a wide range of refined petroleum products distributed and sold through our marketing system.
Muhammad Awwal Garba
Chairman
OUR HISTORY
How We Started
2016
The Company was Registered
In 2016, Magma Petroleum Investment emerged in Abuja, Nigeria. This visionary company, registered with the Corporate Affairs Commission, seeks to lead the oil and gas industry with innovation and sustainable practices.
2017
Magma Petroleum Investment Ltd Embarks on a Trailblazing Journey: From Website Debut to Global Reach and Local Partnerships
Magma Petroleum Investment Ltd reaches new heights with its debut website, connecting with a global audience. Embracing local talent, the company forms strategic partnerships with trusted suppliers, fortifying a path to energy excellence.
2018
A Global Player in the Petroleum Sector
Magma Petroleum Investment Ltd made significant strides, establishing itself as a key global player in the petroleum industry. Expanding its operations beyond borders, the company now supplies refined products to countries across Africa and the Middle-East. Additionally, forging strategic partnerships with international organizations within the Petroleum and Crude trading sector further solidifies Magma's position as a leading player in the global energy landscape.
2019
Magma Petroleum Investment Ltd Ranks Top 100 in Future 500 List in the Oil and Gas Sector
In a remarkable achievement, Magma Petroleum Investment Ltd secured its position in the prestigious Future 500 list in Nigeria. Recognized for its exceptional growth, innovation, and contributions to the petroleum sector, Magma's ascent to the top 100 marks a testament to its commitment to excellence and transformative impact in the energy industry.