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Redefining Africa's Energy Landscape

Petrolex group is an integrated energy conglomerate that provides services spanning across refining, storage, distribution and retailing of petroleum products.


We are committed to seamless execution of strategic investment plans to provide innovative energy solutions.


For us, the ultimate success lies not only in the profitability of our operations but in excellent service delivery.

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We are committed to providing innovative energy solutions. 



The Petrolex Group has invested over $330million in the Ibefun tank farm. The storage facility is the largest  and the first of its kind in sub-Saharan Africa.


Our procurement of 10 barges, 2 tug boats and a daughter vessel puts us in a position to strategically improve the distribution of products around Nigeria.


Our state-of-the-art retail service stations will be rolled out in Nigeria and other African countries. We have laid out plans to build about 1500 retail outlets around Africa.


We are investing in the provision of refining services at the Petrolex Mega Oil City to increase the availability of refined petroleum products.

Our Facility


Management Team


Our management team is made up of seasoned professionals (local and international), trusted technical and financial partners that combine their considerable skills in the attainment of our desired objectives


  • Segun Adebutu
    Chairman/Chief Executive Officer
    Executive Director, Engineering
  • Modupe Afolabi
    Human Resource Director
    General Counsel/Company Secretary
Fact Sheet


 Phase One

300 million-litre tank farm

30 loading gantries

4000-truck capacity park

One 30kt vessel

16 barges

8 tugboats


 Phase Two

50 modern retail stations

250,000 barrels per day refinery

1.2 billion-litre capacity storage

Lube plant

Gas processing facility

Fertilizer plant


 Socio-Economic Impact

Over 10,000 new jobs (direct and indirect)

Over 500% improved throughput capacity for distribution of petroleum products

Extensive social investment to impact over two million lives

Approximately 60% decongestion of the Apapa & Ibafo tanker traffic and elimination of associated hazards.