Author

Chibisi Ohakah 428 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.

Electricity Workers Strikes Hit France’s Power Output

Chibisi Ohakah Sep 30, 2022 0

……….As Unions Take on Macron A 24-hour strike yesterday got France's troubled energy sector another setback as it reduced the country's nuclear and hydroelectric output.Electricity union called out its workers on strike on a day of…

Germany Announces $195bn Energy Bailout For Residents And Businesses

Chibisi Ohakah Sep 30, 2022 0

………As Inflation Hits Double Digits Germany yesterday announced a €200 billion ($195bn) bailout plan to protect residents and businesses in the country from the fallout of the spiraling Europe's energy crisis.The announcement by the…

Dubai Summit: 25 Ministers Launch Global Alliance on Green Economy

Chibisi Ohakah Sep 29, 2022 0

A global alliance of countries with climate action and sustainable development as priorities was launched at the World Green Economy Summit in Dubai on Wednesday. The alliance, which involved about 25 ministers and officials, is…

Biden to US Oil Firms: ‘Bring Down Petrol Prices Now’

Chibisi Ohakah Sep 29, 2022 0

US President, Joe Biden has called on oil companies to charge less for petrol at the pumps. Although US petrol prices have fallen from the highs of this summer, they are clearly still weighing on Mr. Biden. “Last month, the price of oil…

Nord Stream Pipeline Leakage: Europe Vows to Unveil the Riddle of ‘sabotage’

Chibisi Ohakah Sep 29, 2022 0

European Powers have vowed to get to the root the mysterious leaks on Baltic Sea gas pipelines that prompted suspicions of Russian sabotage. European Union’s top diplomat, Josep Borrell, said available information suggested a…

Russia May Propose Output Cut At Next OPEC+ Meeting

Chibisi Ohakah Sep 28, 2022 0

Agency sources said yesterday that Russia is likely to propose at the next OPEC+ meeting that the group cut 1 million barrels per day from the group's collective output. The next OPEC+ meeting will be held on October 5, which will…

Global LNG Market Booms But Small Players Are Struggling To Survive

Chibisi Ohakah Sep 27, 2022 0

Global-effect developments in Europe since the year have triggered a surge in LNG prices. And experts say a major, yet weird, outcome is that the international market for the fuel has concentrated in the hands of several large players,…

NCDMB, Partners Conduct Technical Upgrades of Citadels in PH

Chibisi Ohakah Sep 27, 2022 0

………..Recreate GTC PH To Centre Of Excellence Nigerian Content Development and Monitoring Board (NCDMB) in collaboration with Total Energies have commenced the construction of a 25–classroom block, 200–bed students’ hostel and another…

Libya Plots To Outsmart Algeria In The Proposed Nigeria-Europe Gas Pipeline

Chibisi Ohakah Sep 26, 2022 0

Libya is getting set to outwit Algeria in the proposed Nigeria/Niger/Algeria gas pipeline to Europe. Libyan officials have confirmed that they have opened discussions with Nigeria petroleum ministry officials on the new proposal. Last…

Recession Looming As Oil Falls Below $80, Expert Warns

Chibisi Ohakah Sep 26, 2022 0

On the back of heightened concerns about slowing economic growth and recessions looming, global oil prices dipped by 5% early last weekend, with the U.S. benchmark slumping to the lowest level since January. As of 10:06 a.m. ET on Friday,…

Military: Putin Issues Conscription Order On Energy Workers

Chibisi Ohakah Sep 23, 2022 0

Russian president, Vladimir Putin, has ordered nearly 100% of Russia’s male energy sector employees to present themselves at recruitment offices. The ministry of energy in a letter asked those receiving the letter, all companies in the…

China’s Fossil Fuel, Coal Imports From Russia Soar

Chibisi Ohakah Sep 23, 2022 0

Report shows that China is enjoying a windfall from the purchase of Russian oil, as they reap the benefits of a plunge in European buying, and tumbling prices for Russian oil. According to data from the Chinese General Administration of…

AfDB Approves $20m For Covid-19 Off-Grid Recovery Platform

Chibisi Ohakah Sep 23, 2022 0

The African Development Bank (AfDB) Group has approved a $20 million concessional fund to support the second phase of the Covid-19 Off-Grid Recovery Platform (CRP).The CRP is a blended finance initiative to unlock private capital for…

Buhari Emphasizes Commitment To Nigeria’s Energy Transition Plan

Chibisi Ohakah Sep 23, 2022 0

President Muhammadu Buhari has restated the commitment of the his administration towards the successful inplementaion of the recently launched Energy Transition Plan.Speaking in New York on Wednesday, Buhari said he intend to ensure that…

Oil Theft: Oil Union Accuses Nigerian Military of Looting 600,000bpd

Chibisi Ohakah Sep 23, 2022 0

………’Soldiers bribe their way to be posted to the Niger Delta’ ………..The Amphibious Brigade, PH are culpable – PENGASSAN boss The Petroleum and Natural Gas Senior Staff Association of Nigeria has accused the military of culpability for…

Eni Confirms Gas Leak From Vandalized Pipeline in Bayelsa

Chibisi Ohakah Sep 23, 2022 0

……….Says However, Repairs Underway Italian energy group Eni confirmed yesterday that its Ogboinbiri gas pipeline in Bayelsa state had been vandalised, causing a leak and production losses.Nigerian Agip Oil Company (NAOC), who operated…

UN Scribe Accuses Fossil Fuels Industry of Feasting in Subsidies, Windfall Profits

Chibisi Ohakah Sep 21, 2022 0

……. Urges developed economies to tax windfall profits of fossil fuel firms UN secretary-general, Antonio Guterres has accused the fossil fuel industry of "feasting" on billions in subsidies and windfall profits as "our planet burns."In…

Oil Rallies Rallies As Putin Calls Up Army Reserves

Chibisi Ohakah Sep 21, 2022 0

...This is not a bluff – he warnsOil prices rallied early today after Russian President Vladimir Putin said his country was calling up its army reserves in a “partial mobilisation” before referendums in occupied regions in Ukraine.Putin…

Portugal Speaks Of Dare Consequences If Nigeria Fails To Deliver Gas As Contracted

Chibisi Ohakah Sep 20, 2022 0

Portugal has said that it would face serious economic problems this winter if Nigeria does not deliver all the liquefied natural gas (LNG) it is due to it. The European Union country's environment and energy minister, Duarte Cordeiro,…

NCDMB Hails Local Content Compliance of Two Firms in Port Harcourt

Chibisi Ohakah Sep 20, 2022 0

Executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Kesiye Wabote has lauded two firms, Uniterm Nigeria Limited, and Southwestern Technologies and Oilfield Services Limited for rising up to the…