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Aiteo

  • In the NewsOil & Gas

    African Billionaires Secure Historic Windfall as Shipping Crisis Redraws Global Oil Map

    by Oluwatosin Racheal Alabi May 29, 2026
    by Oluwatosin Racheal Alabi May 29, 2026

    KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …

  • In the NewsMarketsOil & Gas

    Federal High Court Rejects Aiteo’s Objection in N122 Billion Nembe Oil Spill Case

    by Oluwatosin Racheal Alabi March 12, 2026
    by Oluwatosin Racheal Alabi March 12, 2026

    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 …

  • In the NewsOil & Gas

    Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint

    by Oluwatosin Racheal Alabi February 12, 2026
    by Oluwatosin Racheal Alabi February 12, 2026

    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 …

  • Energy Transition

    Mozambique, Aiteo Launch 240,000 bpd Refinery to Position Nation as Regional Energy Hub

    by Oluwatosin Racheal Alabi July 14, 2025
    by Oluwatosin Racheal Alabi July 14, 2025

    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 …

  • AnalysisIn the News

    Benedict Peters’ Aiteo Targets $700 Million Revenue Milestone

    by Oluwatosin Racheal Alabi June 25, 2024
    by Oluwatosin Racheal Alabi June 25, 2024

    Under Benedict Peters’ visionary leadership, Aiteo is set for major growth, targeting ambitious revenue goals and reinforcing its dominance in Africa’s energy sector.

  • In the News

    Aiteo, Atlantic Council Team Up for Africa’s Minerals

    by Oluwatosin Racheal Alabi February 8, 2024
    by Oluwatosin Racheal Alabi February 8, 2024

    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 …

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Nigeria’s Oil Boom: Record Production in September 2023

Eskom Keeps Power Stable as Winter Electricity Demand Rises
CNG Scarcity Triggers Long Queues Across Lagos

Latest Stories

Eskom Keeps Power Stable as Winter Electricity Demand Rises
CNG Scarcity Triggers Long Queues Across Lagos
Nigerian Manufacturers Halt 1.55 Million Smart Meter Import In...

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