Tag Archives: energy

MPC Caribbean Clean Energy Extends Date For IPO Closing | RJR News

MPC Caribbean Clean Energy has extended the closing date for its Initial Public Offering (IPO). 


The original closing date was tomorrow. 


It has been pushed back to December 21.


MPC Caribbean Clean Energy reserved the discretion to made the change in its Prospectus dated November 20.


The company has not disclosed why it decided to extend the closing date.

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Guyana to open diplomatic missions in UAE and Ethiopia amid energy boom

Minister of State of the UAE, Reem Al Hashimy, President David Granger and Foreign Minister Carl Greenidge in Georgetown in 2016

By Ray Chickrie
Caribbean News Now contributor

GEORGETOWN, Guyana — Before the end of the first quarter of 2019, Guyana plans to open a diplomatic mission in the United Arab Emirates (UAE), and Georgetown is also exploring the opening of a mission in Addis Ababa, the diplomatic capital of Africa, especially that the country is seeking assistance in the development of its oil and gas sector, foreign minister and vice-president Carl Greenidge told Parliament on Friday.

Greenidge is actively framing a foreign policy that complements the emerging oil and gas industry of Guyana and is looking to collaborate with other petroleum producing nations and…

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African Energy Chamber endorses the Nigeria International Petroleum Summit 2019

The African Energy Chamber (www.EnergyChamber.org) proudly endorses the Nigeria International Petroleum Summit (NIPS) (www.NigeriaPetroleumSummit.com), to be held in Abuja’s International Conference Centre on January 27-30, 2019.

Our members, which include the majority of the international oil companies (IOCs), services companies and many African players will be in Nigeria to participate in the summit. The attending investor groups among the chamber’s members represent billions of dollar worth of inbound investments to the Nigerian oil & gas sector.

Our members want to invest and NIPS is one of the best platforms to expand the intra-Africa energy cooperation, promote investments and generate new joint-venture and cooperation…

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Solar pioneer Piccard and UNCTAD to power up African green energy

The World Alliance for Efficient Solutions and UNCTAD plan to introduce innovative renewable technologies to solve Africa's huge electricity deficit.
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MPC Caribbean Clean Energy Makes IPO | RJR News

MPC Caribbean Clean Energy Limited has made an initial public offering (IPO) of 50 million shares at the Subscription Price of J$1.30 or US$1.


An initial offer is also being made in Trinidad and Tobago at a price of US$1 per share.


The offer will open at 9:00 a.m. on December 3 and close at 4:30 p.m. on December 14.


MPC Caribbean Clean Energy Limited is an international business company duly incorporated under the laws of Barbados.

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Challenges facing the African Energy Sector

THE Kendal Power Station in Mpumalanga is the largest indirect dry-cooled power station in the world. Greenpeace Africa

JOHANNESBURG – Many African countries have seen rapid and meaningful economic growth in the last decade, and to ensure the continued sustainability of this growth, these economies rely heavily on accessible, affordable and efficient energy.

Unfortunately, the continent is trailing behind most others with regards to energy security, bringing about an increase in awareness to provide energy to the millions of African people without it.

A major challenge the African energy sector continues to face is funding for energy projects. Political and credit risk remain critical factors hindering potential investors from investing in the energy space of Africa. 

Alleviating this…

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