I'll bid three points!
He was called Oakenshield because in the Battle of the Nanduhirion, Thorin marched into the battle with a great dwarf army, but during the course of the fighting his shield was broken. He then cut a bow from a great oak tree with his axe, and used the bough to stave off the orc's blows, and to club them.
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'But Melkor also was there, and he came to the house of Fëanor, and there he slew Finwë King of the Noldor before his doors, and spilled the first blood in the Blessed Realm; for Finwë alone had not fled from the horror of the Dark.'
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