oil and gas industries limited

Crude Oil: AITEO Loses Four Million Barrels To Thieves

Dec 4, 2019. by Ekohot Editor

Aiteo Eastern Exploration and Production, operators of OML 29, has bemoaned the loss of about four million barrels of crude valued at $240m at an average price of $60 a barrel to thieves. Managing Director of the oil firm, Mr Victor Okoronkwo disclosed this at Practical Nigerian Content Exhibition and Conference with the theme, “Leveraging … Read more

Capital Oil Boss, Ifeanyi Uba Faces Criminal Charges

Dec 17, 2019.Dec 4, 2019. by Ekohot Editor

A Federal High Court sitting in Lagos, Southwest Nigeria on Wednesday adjourned till 13th of February, 2020 to arraign the Chairman of Capital Oil and Gas Limited, Senator Ifeanyi Patrick Ubah and his company. The arraignment that supposed to take place Wednesday could not hold due to the absence of the defendants. The prosecutor, Mr … Read more