Gloria Nwachukwu narrates her ordeal to GuardianTV during and after the massive explosion as the Nigerian National Petroleum Corporation (NNPC) said the explosion was triggered after a truck hit some gas cylinders stacked in a gas processing plant near the corporation's pipeline in Abule Ado area of Lagos which rendered close to a hundred people homeless.
The Global CEO of GE Gas Power, Scott Strazik says gas is a big part of the solution to Africa’s energy challenges and the scale, access and dependability of gas is a great catalyst to support renewable sources if Africa is going to create industries and advance manufacturing. He joins CNBC Africa to discuss ways to harness Africa’s gas potential.
If you are used to filling your cylinders with gas by the roadside, you may not be able to anymore, as the Federal Government has begun a clampdown on illegal gas plants and roadside retailers of Liquefied Petroleum Gas (LPG).
The U.S. will account for for almost two-thirds of the world’s new oil and natural gas output in the decade ahead. And that makes it a critical obstacle to stopping climate pollution according to industry consultant Rystad Energy. We take a look at America's domination in new oil and gas with BloombergNEF's Anastacia Dialynas. We break down a new BloombergNEF analysis that looks at the economics of drilling and completing new wells in the U.S.
Oil prices are down in early trade, as rising U.S crude inventories and weak economic data from China erased some of the sharp gains from Tuesday's 4.7 per cent surge. To review the global oil markets and the impact on Nigeria's oil and gas space, Rolake Akinkugbe-Filani, Senior Vice President and Head of Energy and Natural Resources at FBNQuest Merchant Bank joins CNBC Africa for more.