Eterna Plc, a quoted public limited integrated energy company engages in the manufacturing and sale of lubricating oils, importation and bulk/retail sale of petroleum products including PMS, AGO, LPFO, base oils, bitumen and export of lubricants/fuels, bunkering, Gas distribution and marketing (LPG and NG), Offshore and Onshore oil services, Gas Processing, equipment supply services and other engineering and technical services for the energy industry. 

Eterna was incorporated on the 13th of January 1989 as Eterna Oil & Gas Limited and commenced business in 1991. We re-registered as a public limited Company in 1997.

In our bid to carve a niche as a manufacturer and marketer of reliable, efficient and high quality lubricants and oil products, we established a technical trading relationship with Castrol BP in 1991 – the pioneers in global lubricant technology and specialty chemicals. This relationship gave rise to a distributorship agreement and an exclusive right to import and market Castrol products in Nigeria and the ECOWAS sub-region.

Today, our lubes blending plant is the third plant in Africa with a state-of the-art laboratory to exclusively manufacture Castrol products and will be the only one to cater for the West African markets.

We have also significantly, expanded our retail network in the coastal areas in order to enhance our cashflows and profitability with the following acquisitions: