
Mozambique, Aiteo launch 240,000 bpd refinery to position nation as regional energy hub
Aiteo signs EPC deal to build 240,000 bpd Mozambique refinery, boosting energy security and cutting fuel imports in Southern Africa.
Aiteo signs EPC deal to build 240,000 bpd Mozambique refinery, boosting energy security and cutting fuel imports in Southern Africa.
Pan-African billionaire Benedict Peters’ dispute over lift access at an Accra apartment complex led to a peaceful vehicle protest, resolved without disruptions.
This revelation follows the recent collaboration between Nigeria’s state-owned Nigerian National Petroleum Corporation (NNPC) and Aiteo Eastern E&P Company.
Aiteo, Africa’s leading oil independent, which is owned by Peters, is now operator of the prolific Mazenga gas block in Mozambique.
The new premium crude oil grade was unveiled at the ongoing Argus European Crude Conference.
Peters made headlines in 2019 when he embarked on a platinum mining venture in Zimbabwe.
The oil spill affected its Santa Barbara Oil Field, which forms part of its OML-29 oil block.