Author

Chidi Ekpewerechi 138 posts 0 comments

Chidi Ekpewerechi, is a graduate of Mass Communication, from OSISATECH Polytechnic, Enugu.
He is a seasoned development journalist, with experience spanning over two decades. Chidi is seasoned in the areas of Energy and Finance.

He is a researcher and writer for Orient Energy Review.

Oil And Gas

Spain Plans New Gas Pipeline to Connect France

Chidi Ekpewerechi Aug 15, 2022 0

...As Europe struggles to wean itself off Russian gas Spain has said that in nine months time another natural gas pipeline will become operational in Europe to connect Spain and France. Speaking to national TVE station last Friday,…

POWER SECTOR

UAE Set to Host World Green Economy Summit in September

Chidi Ekpewerechi Aug 15, 2022 0

The United Arab Emirate (UAE) is billed to hold the 8th World Green Economy Summit at Dubai World Trade Centre next month. The country is also getting ready to host the Cop28 gathering in 2023. Dubai Electricity and Water Authority and…

Oil And Gas

Russian Oil Output Flexible, But Could Plunge With EU Embargo – IEA

Chidi Ekpewerechi Aug 12, 2022 0

The International Energy Agency (IEA) said yesterday that Russian oil production and exports have been holding resilient in recent months, with much smaller declines than initially expected. The agency however warned of a 20% drop in…

Oil And Gas

Shell Stops Oil Production at 3 Gulf of Mexico Platforms

Chidi Ekpewerechi Aug 12, 2022 0

Dutch oil giant, Shell has stopped oil production at three of its deepwater platforms in the Gulf of Mexico. The company said in a statement yesterday, it had halted production at its Mars, Ursa, and Olympus platforms. The platforms…

NEWS

Oil Subsidy: Nigerian Reps Summon Finance Minister

Chidi Ekpewerechi Aug 12, 2022 0

...Gives Her One-Week Ultimatum Lawmakers in the Nigerian House of Representatives have summoned the country’s minister of finance and planning, Mrs Zainab Ahmed, and gave her one week deadline to present details of all contract…

Oil And Gas

Russia Resumes Oil Exports Via Ukraine Territory

Chidi Ekpewerechi Aug 11, 2022 0

Russia’s oil export to Europe via Ukraine territory resumed yesterday after transit was halted on August 4 because of issues with payments of the transit fees. Russian oil pipeline operator Transneft was quoted as saying Wednesday that…

Local Content

NCDMB Partners ICPC, Inaugurates Anti-Corruption Unit

Chidi Ekpewerechi Aug 9, 2022 0

Nigerian Content Development and Monitoring Board (NCDMB) has partnered with the Independent Corrupt Practices and Related Offences Commission (ICPC) to inaugurate a six-man anti-corruption and transparency unit (ACTU). Other newly…

NEWS

Over 100,000 Petitioners Fight Against Oil Development in DRC

Chidi Ekpewerechi Aug 8, 2022 0

More than 100,000 concerned citizens of the Democratic Republic of Congo (DRC) were said to have signed a petition calling on the DRC president to stop a number of energy projects feared to be encroaching on forest regions and national…

POWER SECTOR

US-EXIM Bank Votes $1.5bn Loan for Solar Power Infrastructure in Nigeria

Chidi Ekpewerechi Aug 8, 2022 2

The US-EXIM Bank has extended the sum of $1.5 billion as loan to Nigeria to boost solar power infrastructure in 10 different locations in the country. Speaking with newsmen after a meeting of a delegation of his company with President…

Oil And Gas

Seplat Begins Commercial Injection Of Oil Amukpe-Escravos Pipeline

Chidi Ekpewerechi Aug 4, 2022 0

Seplat Energy has confirmed the commencement of commercial injection of crude oil through the new, 67kilometer Amukpe-Escravos Pipeline. The pipeline, mostly underground, is expected to provide a more reliable and secure export route…

Oil And Gas

Biden Mid-East Shuttle: OPEC+ Approves Tiny Oil-Output Hike

Chidi Ekpewerechi Aug 4, 2022 0

America’s Joe Biden mid East shuttle last month appear to have paid off by a little margin, enough to offer little comfort for consumers hit hard by soaring oil prices. Reports yesterday said the 23-country cartel agreed to divide the…

Oil And Gas

New OPEC Scribe Pledges to Prioritize 600m Africans Without Electricity Access

Chidi Ekpewerechi Aug 4, 2022 0

OPEC has promised make 600 million Africans who are without electricity a priority in its global energy transition discussions. The new secretary-general of the cartel, Kuwait’s Haitham Al Ghais, said this during a virtual event where…

POWER SECTOR

Again, REA Pushes Ahead the Submission of EOI for Rural Electrification Grant

Chidi Ekpewerechi Aug 3, 2022 0

The Rural Electrification Agency (REA) has informed that the submission deadline for the Expression of Interest Document (EOI) for renewable energy concept and technology demonstration grant and the rural electrification fund grant 2022…

POWER SECTOR

NEMSA Tasks Power Utility Owners on Maintenance of Power Installations

Chidi Ekpewerechi Aug 3, 2022 0

Managing director of the NEMSA, Mr. Aliyu Tukur Tahir, Nigerian Electricity Regulatory Commission (NEMSA) has asked owners of power utility firms in the country to increase their maintenance schedules for power plants, transmission and…

POWER SECTOR

Africa Power Briefs

Chidi Ekpewerechi Aug 3, 2022 0

Kenya Signs Power Purchase Pact with Ethiopia Kenya Power Company has signed a Power Purchase Agreement (PPA) with Ethiopian Electric Power (EEP) to commence power trade from November 1. Under the pact, Kenya, in the first three years,…

Oil And Gas

Global Energy Titbits

Chidi Ekpewerechi Aug 3, 2022 0

BP Quarterly Profit Jumps To 14-Year High BP on Tuesday increased its quarterly dividend by 10% and extended share buybacks after high oil and gas prices in the second quarter resulted in the supermajor's highest quarterly earnings in…

POWER SECTOR

Asia Hit By Blackouts As LNG Prices Soar

Chidi Ekpewerechi Aug 2, 2022 0

Reports say emerging economies in Asia face prolonged electricity crises and continued rolling blackouts as spot LNG prices surge and high demand from Europe is pricing Southeast Asia out of the tight global gas market. Europe has been…

NEWS

Reps Order Navy to Produce Records of Oil Trading Vessels in Nigeria Since 2017

Chidi Ekpewerechi Jul 29, 2022 0

Smarting from the discovery of 23 phony companies doing business with the NNPC since 2017, lawmakers in the Nigerian House of Representatives have demanded that the Nigerian Navy provides details of vessels that imported petrol and…

NEWS

‘Petroleum Industry Act Won’t Stop Divestments by IOCs in Nigeria’

Chidi Ekpewerechi Jul 29, 2022 0

A Nigerian federal government agency, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has asserted that the Petroleum Industry Act 2021 may not bar international oil companies from divesting from the country. This is…

NEWS

Exxon Strikes 25th Oil Discovery In Guyana

Chidi Ekpewerechi Jul 28, 2022 0

Exxon has made it 25 the number of oil discoveries made offshore Guyana. Yesterday the supermajor announced the discovery of two more blocks. Report say since the beginning of the year, Exxon has struck oil at seven locations in the…

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