KEY POINTS A Federal High Court in Yenagoa, Bayelsa State, has dismissed a preliminary objection filed by Aiteo Group in a N122 billion lawsuit brought by the Opu Nembe Kingdom …
Aiteo
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In the NewsOil & Gas
Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint
KEY POINTS Aiteo, one of Africa’s largest privately owned energy companies controlled by Nigerian billionaire Benedict Peters, has secured a rare exploration license in Libya, marking a major milestone both …
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Energy Transition
Mozambique, Aiteo Launch 240,000 bpd Refinery to Position Nation as Regional Energy Hub
KEY POINTS Aiteo, one of Africa’s leading energy companies, has signed a major engineering, procurement, and construction (EPC) agreement to develop a 240,000 barrels-per-day refinery in Mozambique. The project is …
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Under Benedict Peters’ visionary leadership, Aiteo is set for major growth, targeting ambitious revenue goals and reinforcing its dominance in Africa’s energy sector.
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The program, which was announced at the Mining Indaba, aims to enhance the role of African minerals in the global supply chains of the 21st century, especially in sectors like …