NNPC/Aiteo Joint Venture launches Nembe Crude Oil Grade, begins export of two 950,000 barrels cargoes

The NNPC/Aiteo Joint Venture has officially introduced the Nembe Crude Oil Grade, a new addition that promises to make waves on the international stage. The announcement was made during the ongoing Argus European Crude Conference in London, showcasing the collaborative…

Aiteo announces senior leadership appointments

Following a review of its operational and investment objectives and in reaction to prevailing business environment, Aiteo has restructured its executive management, naming a number of critical appointments and reassignments. A statement from the company said that in confirming the…

OML 29: Aiteo’s Milestones, FakeNews and Mischief Makers

Criss Jami, a young American poet and philosopher once wrote that “a rumor is a social cancer: it is difficult to contain and it rots the brains of the masses. However, the real danger is that so many people find…

Nembe Creek Well Explosion: More Than Meets The Eye – Ayo Fadahunsi

The predicament that played out on Friday, 1st March 2019, in Bayelsa is indeed a disaster like the others before it in the different parts of the country. The Mile 1 community and others within earshot were in the wee…

Breaking News: Court directs immediate release of African billionaire businessman Benedict Peters’ UK properties

The Federal High Court sitting in Abuja Friday, July 6, 2018, directed the immediate release of two properties located in the United Kingdom belonging to African billionaire businessman and Aiteo boss Benedict Peters. The said properties had been the subject…

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