Author

Chibisi Ohakah 532 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.

Oil And Gas

OPEC Oil Output: Again Angola, Algeria, Libya Continue To Shove Nigeria

Chibisi Ohakah Nov 16, 2022 0

Again, Angola, Algeria and Libya have pushed past Nigeria in oil production, according to the records of the Organisation of Petroleum Exporting Countries , leaving the erstwhile regional, largest producer to the fourth position. …

Oil And Gas

Oil Theft: Nigeria Charges 26 Crew Members Of MT Heroic Idun To Court In PH

Chibisi Ohakah Nov 16, 2022 0

Nigerian has charged the 26 crew members of the ship, MT HEROIC IDUN, suspected to have tried to access the Akpo Oilfield, deep offshore Bonny, a joint venture operated by Total Energies EP, to load crude oil at about midnight on August 7,…

Oil And Gas

Pro President Buhari Group Hails NNPCL For Breaking The 1mbpd Jinx

Chibisi Ohakah Nov 16, 2022 0

A group that identified themselves as Buhari Media Organisation has described the recent rebound in Nigeria’s daily oil production above one million barrels per day (BPD) as quite laudable. According to the group, in a statement issued…

Oil And Gas

Atiku Vows To Privatize Nigerian Refineries, Reduce Cost of Governance

Chibisi Ohakah Nov 16, 2022 0

The presidential candidate of the Peoples Democratic Party (PDP), Mr. Abubarkar Atiku, has promised to privatise oil refineries in Nigeria if elected president of the Federal Republic of Nigeria in 2023. Abubakar, who was Nigeria’s vice…

Oil And Gas

OPEC Lowers 2022, 2023 Oil Demand Forecast, Citing China’s Covid New Policy

Chibisi Ohakah Nov 15, 2022 0

Citing China’s zero-Covid policy, geopolitical uncertainties and weaker economic activity, OPEC has slightly lowered its global oil demand forecast for this year and next year following a steep reduction in October. Accordingly, global…

Oil And Gas

A Russian Oil Price Cap Will Benefit China, India – US

Chibisi Ohakah Nov 15, 2022 0

United States has asserted that the orchestrated capping of Russia oil initiative, seeking to set a ceiling on the price of Russian oil sold on international markets stand to benefit China. The U.S. Treasury Secretary Janet Yellen told…

NEWS

UN Launches Satellite System To Track Methane Emissions

Chibisi Ohakah Nov 14, 2022 0

…Nigeria, US, China, Russia, India, Brazil, Indonesia, Mexico account for half of all anthropogenic methane emissions The United Nations has announced the decision to launch a satellite-based system meant to detect and track and control…

Oil And Gas

Oil Prices Rise As China Relaxes Covid Restriction

Chibisi Ohakah Nov 14, 2022 0

Global oil prices went higher last weekend, by more than 2.5% in early trade in Europe, as China announced on Friday the easing of its strict Covid measures that have weighed on the oil market in recent months. With the new reviews on…

NEWS

CATF Commends Nigeria For Adopting Methane Guidelines To Reduce Emissions

Chibisi Ohakah Nov 14, 2022 0

Nigeria has been commended for making history with the issuance of its methane guidelines to reduce corrosive emissions from its oil and gas industry. Records show that the country is the first in Africa to do so. The country is…

Oil And Gas

Flood Ships NCDMB Nigerian Content Conference From Yenagoa to Uyo

Chibisi Ohakah Nov 11, 2022 0

The executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, has assured that despite the impacts of the flood, the board’s proposed Practical Nigerian Content Conference 2022 would. In a…

Oil And Gas

‘Bribe For NNPC Contracts’: BP Oil Trader Loses Whistleblower Claims, Lawsuit

Chibisi Ohakah Nov 11, 2022 0

BP oil trader, Jonathan Zarembok, has lost an employment lawsuit against the firm after a tribunal ruled he was not entitled to whistle-blower protections. A London employment tribunal ruled yesterday in favour of BP stating that…

Oil And Gas

Ogun Looks To Joining League Of Oil Producing States in Nigeria

Chibisi Ohakah Nov 11, 2022 0

...To host N3bn refinery in Tongeji Island Ogun state, Nigeria may be on the way to joining the league of oil producing states in the country as a firm, Gasoline Integrated International, expressed readiness to build a N3billion…

Oil And Gas

Oil Sector Reforms: My Life Is Under Threat – NNPC Boss

Chibisi Ohakah Nov 10, 2022 0

The group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, has raised the alarm that his life is in danger following some the critical reforms in the oil and gas sector, which appear to…

Oil And Gas

NNPC Discovers Over 295 Illegal Pipeline Connections By Oil Thieves

Chibisi Ohakah Nov 10, 2022 0

The Nigerian National Petroleum Company (NNPC) has disclosed that the recent onslaught against oil thieves by the Company, in collaboration with security agencies, has started yielding handsome results.Speaking yesterday in Abuja, the…

Oil And Gas

Nigeria: Oil Output Rises Above 1mbpd In October

Chibisi Ohakah Nov 10, 2022 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that for the first time since July 2022, the daily crude oil production output of Nigeria rose above one million barrels per day (bpd) in October. The commission…

Oil And Gas

Russia: EC Considers Gas Price Cap Not Feasible

Chibisi Ohakah Nov 10, 2022 0

The European Commission has finally turned down the proposal of European Union member-countries for a price cap on gas imported into Europe, including those from Russia. At a seminar early this week, the EC suggested a “market…

Oil And Gas

Petrol Pump Price May Hit N350 P/Litre at Yuletide

Chibisi Ohakah Nov 9, 2022 0

Nigerians are predicting that the pump price of Premium Motor Spirit, popularly called petrol, would hit N300 or more per liter during the yuletide given the perennial fuel scarcity and persisting long queues at petrol stations. As at…

Oil And Gas

UK, US to Sign A Major Liquefied Natural Gas Deal

Chibisi Ohakah Nov 9, 2022 0

The UK government is expected, within days, to announce a major LNG supply agreement with the United States as the former aims at boosting its gas supply to avoid blackouts this winter. Citing UK government sources, The Telegraph said…

Oil And Gas

Nigeria’s Production Has Increased With New Onslaught Against Oil Thieves – NLNG

Chibisi Ohakah Nov 9, 2022 0

Since the Nigerian National Petroleum Company (NNPC) Limited led the fight against crude oil theft in the country’s Niger Delta region, there has been an improvement in the availability of some oil pipelines across the country. Nigeria…

Oil And Gas

Nigeria Spent N3.75trn On Petrol Importation in H1’22 – CBN

Chibisi Ohakah Nov 8, 2022 0

...Amid persisting queues at petrol stations. The Nigerian Central Bank of Nigeria (CBN) has revealed that the country spent a total of $8.71billion on the importation of petroleum products in the first six months of this year. In…

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