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Chidi Ekpewerechi 262 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.

POWER SECTOR

COP27: Group Urges Nigeria To shift Investments Toward Renewables

Chidi Ekpewerechi Nov 8, 2022 0

A civil society organisation (CSO), Don’t Gas Africa, has called on Nigeria and other African countries to abandon investment in oil production and focus on renewable energy. Speaking yesterday in Sharm El-Sheikh at the sidelines of the…

Oil And Gas

Morocco’s King Says NMGP Promotes Africa Integration And Common Development

Chidi Ekpewerechi Nov 8, 2022 0

Morocco's King Mohammed VI has said that the Nigeria-Morocco gas pipeline project (NMGP), contains indices of economic integration of the African continent and its common development. The Nigeria-Morocco pipeline, 6,000 km long, which…

Oil And Gas

UK Sanctions Shipment of Russian Oil Above Price Cap

Chidi Ekpewerechi Nov 7, 2022 0

The UK has banned use of its services to transport Russian oil unless the oil in question is purchased at or below the price cap expected to be set by the G7 fom December 5. The UK government said that legislation introduced last…

Oil And Gas

Amni Petroleum Secures $635m Lending Facility From Afreximbank

Chidi Ekpewerechi Nov 4, 2022 0

African Export-Import Bank (Afreximbank) has announced the signing of a reserve-based, $635million lending facility term sheet with Amni Petroleum. Amni International Petroleum Development Company Limited is a Nigerian independent oil…

Oil And Gas

Canada Orders Chinese Firms To Divest, Quit Its Critical Minerals Sector

Chidi Ekpewerechi Nov 4, 2022 0

Following a national review, the Canadian government has ordered three Chinese companies to sell their stakes in businesses involved in critical mineral production in Canada. The three Chinese companies that were ordered to divest their…

POWER SECTOR

Tanzania Plans To Achieve 90% Clean Energy In 10yrs

Chidi Ekpewerechi Nov 3, 2022 0

Tanzania has introduced a fresh, sweeping climate package that would increase access and use of clean energy by between 80 and 90% during the next 10years. Announcing the innovation last Tuesday, President Samia Suluhu Hassan, said the…

NEWS

Russia, Iran, Sign Trade Agreement With The Eurasian Economic Union

Chidi Ekpewerechi Nov 2, 2022 0

To counter the effects of the EU powered coalition against it on gas supplies, Russia and Iran have agreed to sign a free trade agreement with the Eurasian Economic Union, Russian Deputy Prime Minister Alexander Novak said yesterday The…

Oil And Gas

EU Sanctions: Gazprom’s Natural Gas Exports Dip By 43%

Chidi Ekpewerechi Nov 2, 2022 0

The toll of EU sanctions against Russia is beginning to tell, as Russian state owned oil giant, Gazprom, has complained that its natural gas exports to customers outside the Commonwealth of Independent States (CIS) have plunge by 43%…

Oil And Gas

NNPC, Chevron Partner To Boost Domestic Gas Supply Nationwide

Chidi Ekpewerechi Nov 2, 2022 0

NNPC Upstream Investment Services has announced a partnership with Chevron Nigeria Limited to boost gas supply to the Nigerian domestic market. The NUIS is a subsidiary of the Nigerian National Petroleum Company Limited. The company…

NEWS

EU Finally Agrees On Ban On Gasoline And Diesel Cars

Chidi Ekpewerechi Oct 31, 2022 0

The European Union has finally agreed to phase out internal combustion engine cars by 2035, and enforced a zero-emission regulation on carmakers in the region. National government negotiators, the European Parliament, and the European…

Oil And Gas

Green Park Academy Wins Seplat Energy PEALs Quiz

Chidi Ekpewerechi Oct 31, 2022 0

Seplat Energy has announced Green Park Academy, Edo state as overall winner in the just concluded 11th edition of Seplat JV PEARLs Quiz. The school won from among 130 participating schools and took home the coveted prize of N10million. …

POWER SECTOR

WAPP Board Adopts 2023 Working Document, Budget

Chidi Ekpewerechi Oct 28, 2022 0

Chairman, executive board of West African Power Pool , Mr. Dr. Sule Abdulaziz has expressed satisfaction with the 2023 work programme and budget for the year 2023. The executive board of WAPP, at the 55tth ordinary session held in…

POWER SECTOR

Renewable Energy Investment Must Triple By 2030 – IEA

Chidi Ekpewerechi Oct 28, 2022 0

The International Energy Agency (IEA) has said that investment in renewables must more than triple to $1.3trillion annually by 2030 if the world is to reach net-zero emissions by 2050. In its World Energy Outlook 2022 released…

Oil And Gas

‘Nigeria Is Committed To Full Deregulation Of Downstream Sector’

Chidi Ekpewerechi Oct 27, 2022 0

Nigeria has said that said deregulation of its downstream sector is intended to increase transparency in downstream sector of the petroleum industry. Speaking at the just 16th Oil Trading and Logistics Expo in Lagos, the permanent…

Oil And Gas

Ghana Looks To Nigeria’s Dangote Refinery For Rescue of Her Downstream Sector

Chidi Ekpewerechi Oct 27, 2022 0

The Ghanaian administration has expressed strong belief that the country’s downstream sector will enjoy positive transformation when the 650,000 barrels per day a Dangote Refinery in Nigeria comes on board.The chief executive officer of…

NEWS

UK Court Rules: Nigeria Not Qualified For Compensation Over Glencore Bribery

Chidi Ekpewerechi Oct 27, 2022 0

A London court has said that Nigeria cannot claim compensation from a British subsidiary of mining and trading group Glencore Energy, over bribes paid to officials of the then Nigeria National Petroleum Corporation Lawyers representing…

Oil And Gas

Germany May Introduce Natural Gas Subsidies Earlier Than Planned

Chidi Ekpewerechi Oct 26, 2022 0

German may have settled for fast-forwarding a planned natural gas price cap for households and businesses as early as in January 2023, as against the initial target of March or April. The country, adjudged Europe’s biggest economy, is…

Oil And Gas

2mbpd Oil Cut: Saudi Believes Relations With US Will Improve

Chidi Ekpewerechi Oct 26, 2022 0

Saudi Arabia has expressed the belief that currently soured relationship it has with the United States will improve over time. A rift appeared for the two countries shortly after OPEC+, at its last meeting in Vienna, decided to reduce…

Oil And Gas

Tinubu Condemns Nigeria’s Oil-Linked Budget, Promises To Increase Output, End Fuel Subsidy

Chidi Ekpewerechi Oct 25, 2022 0

Nigeria’s All Progressive Congress presidential hopeful, Senator Bola Ahmed Tinubu, has said that he is aiming to scale up oil production and phase out the fuel subsidy regime in the country. In his manifesto, unveiled last week, the…

Oil And Gas

Schlumberger Rebrands to SLB, Beats Earnings Estimates As Q2 Revenues Grow By 10%

Chidi Ekpewerechi Oct 25, 2022 0

The world’s largest oilfield services provider Schlumberger, has rebranded and henceforth would be known by a new brand name, SLB. The rebranding comes on the heels of an attractive third-quarter result, which it said beat analyst…

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