NAICOM, NCDMB seek more local content participation in oil and gas market

As representatives of Nigerian oil and Gas Company, Seplat wrap up facts behind the figures session at the Nigerian Stock Exchange, the company's CEO, Austin Avuru, joins CNBC Africa to give an outlook for the Nigerian oil and gas sector.

Worried by the irregularities in the ongoing oil and gas lease renewal and massive loss of government revenue, the Senate on Wednesday mandated its Committee on Petroleum Resources Upstream to investigate the Minister of State for Petroleum Resources, Ibe Kachikwu and the Department of Petroleum Resources, DPR.

The Nigerian Content Development and Monitoring Board is aiming to grow value retention in the oil and gas value chain from the current 28 percent to 70 percent while creating 300,000 direct jobs in Nigeria.

What competitive advantages do licensees and tenants of the Oil and Gas Free Zones have over their counterparts? In this episode Oil and Gas Free Zones Authority provide insight into zone attractiveness and talk capital protection.

General, Private Health practitioners decry the effect of oil and gas pollution.

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.

Global emissions of methane, a potent greenhouse gas, soared to a record high from 2007 to 2017, new studies have shown. Energy and food production demands created a 9% increase in methane emissions within that decade.

The president of Guinea-Bissau has negotiated an oil deal with his counterpart from Senegal, without parliamentary approval. Umaro Sissoco Embalo is now facing a ministerial uprising supported by civil society.

Quickly cutting off energy revenues with oil and gas embargoes would hit Moscow where it hurts. But European leaders have argued for a phased approach, openly admitting their dependency on Russian energy supplies.

Europe's first full-scale invasion of a sovereign state since World War II, a refugee crisis to match and an endgame sure to upend more than just the West's resolve: as the EU turns up the heat on Vladimir Putin, it's already asking citizens to turn down their thermostats. How will citizens react if on the one hand, Russia conquers Ukraine and on the other, the price of crude oil shoots past $200 a barrel? How to make do without Russian oil and gas?

Oil and gas companies that had once cozied up to Russian President Vladimir Putin are now turning their backs on the autocrat. Countries dependent on the energy sources are scrambling to find alternatives.

The EU turns to Nigeria as it looks for alternative suppliers of oil and gas. The bloc is trying to strengthen its ties to Africa's top petroleum producer as Europe tries to wean itself off Russian resources.