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Chibisi Ohakah 177 posts 0 comments

CHIBISI OHAKAH studied Sociology at the University of Nigeria Nsukka. He also has a PGD in Journalism.
He is a seasoned financial journalist with field experience spanning over three decades.

His training and knowledge in financial reporting influences his style in Energy reporting, making his stories indept and authoritative.

It is notable that his reports usually contain critical financials sought by investors and stakeholders in the global oil and gas industry.

Local Content

‘Nigeria Now Occupy Pride of Place in Comity of Oil and Gas Nations’ – NCMDB boss

Chibisi Ohakah May 27, 2022 0

The executive secretary of the Nigerian Content Management and Development Board (NCDMB), Mr. Simbi Wabote, has said that Nigeria has the minister of state petroleum resources, Mr. Timipre Sylva to appreciate for the pride of place enjoyed…

Oil And Gas

Global Oil Prices Rally on Robust Demand Outlook

Chibisi Ohakah May 27, 2022 0

Reports say global oil prices rose early on yesterday (Thursday), extending this week’s gains, as demand looks strong with the U.S. driving season starting and Shanghai in China gradually reopening after two months of strict lockdowns. …

Local Content

NCDMB lauds Temile/Hyundai deal to Build New LPG Vessel

Chibisi Ohakah May 26, 2022 0

Nigerian Content Development and Monitoring Board (NCDMB) has congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000…

NEWS

Hungary Backs Out From EU Ban On Russia Oil

Chibisi Ohakah May 26, 2022 0

…….Says it won't discuss the agenda at next week's EU summit Hungary has said it would not be party to any discussions on the potential ban against Russian oil at the European Union (EU) on May 30 and 31, Reuters said yesterday, quoting…

Local Content

Local Content Roadmap: Wabote Unveils Midstream, Downstream Sector Potentials

Chibisi Ohakah May 25, 2022 0

Executive Secretary of the Nigerian Content Development and Management Board (NCDMB), Mr. Simbi Wabote has stated given Nigeria’s 10-year Strategic Roadmap to achieve 70% local content in the oil and gas sector by the year 2027, there is…

Local Content

FG Urges stakeholders To Maximize Local Content Opportunities In Midstream/Downstream Sectors

Chibisi Ohakah May 25, 2022 0

Nigeria’s minister of state, petroleum resources, Mr. Timipre Sylva has expressed government determination to fully catalyze investments in the midstream and downstream sectors of the petroleum sector, with a view to creating employment…

POWER SECTOR

Nigerian Energy Stakeholders Call for FOREX Waivers for Modular Refineries

Chibisi Ohakah May 25, 2022 0

……Urge FG to divest from should divest from depots, address the dysfunctions of pipeline infrastructure Energy stakeholders in Nigeria have appealed have appealed to the Central Bank of Nigeria (CBN) to create a special foreign exchange…

Local Content

NCMDB Urges Stakeholders Not To Weaponize Energy Resources

Chibisi Ohakah May 24, 2022 0

Executive Secretary of the Nigerian Content Development and Management Board (NCMB), Mr. Simbi Wabote has urged Nigerians, especially players in the energy sector not to weaponize the country’s energy resources. Delivering a keynote…

POWER SECTOR

FG to Deliver 2 No 330kV Transmission Substations in Katsina, Kano States

Chibisi Ohakah May 24, 2022 0

Transition Company of Nigeria (TCN) has said that the country is making effort to deliver two units of 330 kV power transmission substations in Katsina and Kano states along with the transmission lines to raise power supply in the states. …

POWER SECTOR

APPO, Afreximbank to Set Up African Energy Transition Bank

Chibisi Ohakah May 24, 2022 0

The African Petroleum Producers’ Organization (APPO) has signed a memorandum of understanding with African Export-Import Bank (Afreximbank) to establish African Energy Transition Bank. The bank will boost Africa’s energy transition…

NEWS

Camco Clean Energy Joins Energy Peace Partners on P-REC Aggregation Fund

Chibisi Ohakah May 20, 2022 0

Camco Clean Energy has announced a partnership with Energy Peace Partners in the management of the Peace Renewable Energy Credit (P-REC) Aggregation Fund, designed to expand renewable energy investment in fragile states in Sub-Saharan…

NEWS

Seplat Plc gets New Chairman, Executive Director

Chibisi Ohakah May 20, 2022 0

Seplat Energy PLC, a leading Nigerian energy company has announced Mr. Basil Omiyi, as its new board independent non-executive chairman. He replaces forming founding chairman, Dr ABC Orjiako, who retired from the board. A statement…

NEWS

Russia Threatens to Force Oil Buyers To Pay More If EU Introduces Tariffs

Chibisi Ohakah May 19, 2022 0

Russia has said that buyers of its oil will have to pay more will have to pay more or seek alternative supplies if the European Union (EU) carries on with its threat to impose import tariffs on the country’s oil. The Russian spokesman,…

POWER SECTOR

`Fossil Fuels, Dead End – UN declares

Chibisi Ohakah May 19, 2022 0

…….Votes for Acceleration of Energy Transition United Nations’ has expressed the view that fossil fuels are a dead end and the only sustainable future for the planet is accelerating the energy transition. The global body has also…

NEWS

Europe On ‘Economic Suicide’ Mission With Energy Sanctions – Putin

Chibisi Ohakah May 18, 2022 0

Russian president, Vladimir Putin has warned that if Europe would be committing “economic suicide” if it goes ahead with the threat to ban crude oil and natural gas from Russia. Putin who spoke yesterday also stated that any attempt to…

NEWS

Nigeria’s Petroleum Minister Withdraws from 2023 Presidential Race, Returns to Office

Chibisi Ohakah May 18, 2022 0

Nigeria’s minister of state, petroleum resources, Mr. Timipre Sylva, who had signaled to contest the 2023 presidential elections, has withdrawn from the race and returned to his office. Mr. Sylva was among the horde of presidential…

POWER SECTOR

Asset Information Service Expands Energy Sector Digital Services in Nigeria, Others

Chibisi Ohakah May 16, 2022 0

Global digital services leader, Asset Information Services (AIS), a James Fisher company, has announced its business development and account management expansion plans, with new hires in key global regions, including Nigeria, for its…

NEWS

SERAP Sues President Buhari Over N1.48bn Expenditure on Moribund Refineries

Chibisi Ohakah May 16, 2022 0

The Socioeconomic Rights and Accountability Project (SERAP) has sued Nigeria’s President Muhammadu Buhari for the alleged expenditure of N1.48billion on the country’s four moribund refineries between 2015 and 2020. SERAP insists that…

Oil And Gas

OPEC+ Undershoots Production Target by Whopping 2.7mbpd

Chibisi Ohakah May 13, 2022 0

The Organisation of Petroleum Exporting Countries (OPEC) has recorded that its members continually and collectively undershoot its oil production target in the OPEC+ deal, failing in April to boost output as much as required by the…

Oil And Gas

Turnaround Maintenance on Nigeria’s Refineries Failed – NNPC Confesses

Chibisi Ohakah May 12, 2022 0

…….Says turnaround maintenance since 25yrs mismanaged The Nigerian National Petroleum Company (NNPC) has confessed that the turnaround maintenance executed on Nigeria’s moribund refineries have failed. The national oil company also…

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