Aiteo

KEY POINTS Mozambique and Aiteo’s refinery project will scale up to 240,000 barrels per day, making it one of the largest in…

Aiteo, a Nigerian oil company, terminated contracts of security firms. The termination is due to accusations of theft, fraud, and criminal activity. These activities resulted in financial losses and operational disruptions for Aiteo.

Nigeria’s oil sector is witnessing transformative change despite enduring infrastructural constraints. Aiteo, the country’s leading independent oil producer, is at the forefront…