Ghana: CEMSE Proposes Three Steps To Revamp TOR
Ghana: National Chief Imam Makes Historic Visit To BOST
Mr Awoonor, who has a wealth of experience in the industry and had previously served as a Manager at BOST, is poised to lead the organisation towards achieving its strategic objectives.
The Chief Imam took the opportunity to share wise words of encouragement, admonishing the MD and his management team to deliver on the expectations of Ghanaians and the President.
He emphasised the importance of dedication, integrity and commitment to service, wishing them success in their new endeavours. The visit culminated in a moment of prayer in which the Chief Imam sought divine guidance and blessings for Afetsi Awoonor and the entire BOST management team.
Alhaji Dr Sheikh Osmanu Nuhu Shaributu’s visit was not only a testament to the personal bonds between the two families but also highlighted the importance of leadership in driving progress and development within the country’s strategic sectors.
As the youngest MD in BOST’s history, Afetsi Awoonor reiterated his readiness and commitment to the responsibilities of the high office with a spirit of determination and innovation.
The trust placed in him by both the President and the Chief Imam serves as a powerful reminder of the legacy and responsibilities that come with leadership in Ghana.
The visit marked the beginning of a promising chapter for BOST under Afetsi Awoonor’s stewardship, and with the support and prayers of esteemed leaders like Alhaji Sheikh Osmanu Nuhu Shaributu, the organisation is set to navigate new horizons for the benefit of all Ghanaians.
Source: https://energynewsafrica.com Angola: Fuel Tanker Loaded With 35,000 Litres Of Gasoline Seized
Ghana: NPA’s Acting CEO Vows To Take Authority To The Next Level
Mr. Godwin Kudzo Tameklo is a distinguished legal professional with a solid academic and professional foundation. He holds an LLM in Natural Resources (Downstream Petroleum) from the University of Ghana and completed the Professional Law Course at the Ghana School of Law. He was called to the Ghana Bar in 2013.
Currently, Mr. Tameklo serves as a Partner at Ayine & Partners Law Firm, specializing in criminal, civil, and commercial litigation. With over a decade of legal experience, he has earned a reputation for delivering sound legal opinions and offering strategic counsel to diverse organizations.
Beyond his legal practice, he has demonstrated exceptional leadership, serving as the Director of Legal Affairs for the National Democratic Congress (NDC).
He has also contributed to high-profile committees, including the 2024/2025 Transition Sub-Committee for Legal and Governance and the 2024 NDC Manifesto Committee.
Renowned for his strong research, analytical, and interpersonal skills, Mr. Tameklo is a self-driven, open-minded, and collaborative team player.
His extensive expertise in litigation and strategic advisory roles highlights his commitment to excellence, societal progress, and fostering positive change.
Source: https://energynewsafrica.com Ghana: GNPC Welcomes New CEO Edward Bawa
Cyprus Takes Step Forward In Becoming EU’s Reliable Natural Gas Source
Nigeria: Fuel Tanker Explosion Kills 18 People In Enugu
Ghana: ECG’s Stranded Critical Material Containers Attract Over Gh¢1.5 Billion Demurrage At Tema Port
“Many of them were procured last year, and some stayed there for weeks, while others stayed for months. You can guess the level of demurrage and the cost to the taxpayer. We will not allow this to continue. Under my watch as minister, I am determined to bring sanity to the energy sector, particularly the distribution sector.”
“I know some people will not be happy, and some of the comments you get are largely because some people benefit from this scheme, and that is the truth. Some people benefit from this scheme while the Ghanaian taxpayer suffers. We cannot allow this, and I am determined to stop it,” he stated categorically.
Officials of the Electricity Company of Ghana have yet to comment on the issue.
Source: https://energynewsafrica.com Nigeria: TCN Restores Full Bulk Power To Apo Transmission Substation
Ghana: BOST’s New MD Afetsi Awoonor Meets With Transport Owners To Foster Collaboration
The meeting provided a platform for open discussion, with both parties sharing their perspectives and ideas.
The Transport Owners highlighted challenges they faced in their operations, while Mr. Awoonor outlined his plans to address these issues and improve the company’s overall efficiency.
Source: https://energynewsafrica.com Kremlin Scoffs At Trump’s Claim That A Drop In Oil Prices Will Help End Ukraine Conflict
The Kremlin insisted Friday that a settlement in Ukraine couldn’t be facilitated by a drop in global oil prices as U.S. President Donald Trump has suggested.
Speaking by video from the White House to the annual World Economic Forum in Davos, Switzerland, Trump said on Thursday that the OPEC+ alliance of oil exporting countries shares responsibility for the nearly three-year conflict in Ukraine because it has kept oil prices too high.
“If the price came down, the Russia-Ukraine war would end immediately,” Trump said. Energy sales form a large part of Russia’s earnings.
Asked about Trump’s comments, Kremlin spokesperson Dmitry Peskov affirmed Moscow’s view that the Ukrainian conflict was triggered by the West’s refusal to take into account Russian security interests.
“The conflict doesn’t depend on oil prices,” Peskov said in a conference call with reporters. “The conflict is ongoing because of the threat to Russia’s national security, the threat to Russians living on those territories and the refusal by the Americans and the Europeans to listen to Russia’s security concerns. It’s not linked to oil prices.”
He said Russian President Vladimir Putin remains ready for contacts with Trump.
Peskov’s comments echoed Putin’s statements that he had to send troops into Ukraine in February 2022 to fend off a threat to Russia’s security resulting from plans for Ukraine to join NATO and to protect Russian speakers living there. Ukraine and the West have denounced Moscow’s action as an unprovoked act of aggression.
Asked to comment on Trump’s claim that Ukrainian President Volodymyr Zelenskyy is ready for a peace deal, Peskov pointed out the Ukrainian leader’s earlier decision to rule out any talks with Moscow.
“Zelenskyy can’t be ready for a deal,” Peskov told reporters, adding that “in order to reach a settlement it’s necessary to conduct talks, and Zelenskyy forbade himself to hold talks by his own decree.”
On Wednesday, Trump threatened to impose stiff taxes, tariffs and sanctions on Russia if an agreement isn’t reached to end the war in Ukraine.
Peskov said that the Kremlin was closely following Trump’s statements and noted that he imposed a slew of sanctions during his first term. He said Moscow “remains ready for an equal dialogue, for a mutually respectful dialogue.”
“This dialogue took place between the two presidents during Trump’s first presidency. And we are waiting for signals that we have not received yet,” Peskov said.
Source: CTV NEWSTrump Urges OPEC Countries To Slash Oil Prices
President Donald Trump has said he will ask Saudi Arabia and other Opec nations to “bring down the cost of oil” and doubled-down on his threat to use tariffs.
In a speech to executives at the World Economic Forum in Davos on Thursday, the US president said he was “surprised” that OPEC hadn’t brought down the price of oil before the elections.
“Right now the price is high enough that that war will continue,” he said, referring to the Russia-Ukraine conflict and suggesting that the higher crude price was helping to sustain funding for the conflict in Moscow.
“You gotta bring down the oil price,” he said. “That will end that war. You could end that war.”
His remarks follow a conversation he had with Saudi Crown Prince Mohammed bin Salman on Wednesday.
According to Saudi state media, Bin Salman pledged to invest as much as $600bn (£484bn) in the US over the next four years. However, this figure was not mentioned in the White House statement after the call.
Despite the cordial exchange, Trump said he would be asking “the Crown Prince, who’s a fantastic guy, to round it out to around $1 trillion”.
Saudi Arabia is the leading member of OPEC, a cartel of 12 oil-producing nations which has a remit to “work together to ensure stable oil prices”.
The price of crude fell by 1% after Trump spoke.
David Oxley, chief climate and commodities economist at Capital Economics, said his comments are in keeping with the president’s desire for lower gasoline prices.
“It’s his clear intention to use energy as leverage over Russia to end the war in Ukraine. That said, lower oil prices will certainly not incentivise US oil producers to ‘drill, baby, drill’ – particularly in high-cost Alaska.
“Of course, Saudi Arabia would not be guaranteed to heed a request by President Trump to expand oil production and to bring down global oil prices.”
The US president’s appearance via video link at the World Economic Forum marked his first address to a global audience since his inauguration earlier this week.
He used the platform to insist that companies around the world manufacture their products in the US or face bruising tariffs on imported goods entering the American market.
There were a few stony faces as executives left the hall after the speech, but some were happy.
“A very powerful speech,” said one.
“I liked it, I thought it was really good,” said a delegate from the US. “A lot of it made sense, common sense. He’s just looking for fair trade.”
One Swiss executive though was pretty downbeat. “It’s nothing new but it’s clear what he wants to do,” he said.
“Am I happy? No, I’m not happy. I think it’s bad for the world.”
Trump also said he would demand an immediate drop in interest rates, which he said had led to deeper deficits and resulted in what he described as economic calamity under the tenure of his predecessor, President Joe Biden.
“This begins with confronting the economic chaos caused by the failed policies of the last administration,” he said.
“Over the past four years, our government racked up $8 trillion in wasteful deficit spending and inflicted nation-wrecking energy restrictions, crippling regulations and hidden taxes like never before.”
Interest rates are decided by the US Federal Reserve, the central bank which is independent from the government.
Trump also spoke of “good, clean, coal” to power data centres needed for artificial intelligence (AI).
Earlier this week, he announced that a number of firms, including ChatGPT-creator OpenAI, would invest $500bn to build artificial intelligence infrastructure in the US.
“We need double the energy we currently have in the US for AI to be as big as we want to have it,” Trump told delegates at Davos, adding that he would use emergency decrees to speed up the construction of new power plants.
“Nothing can destroy coal – not the weather, not a bomb, nothing,” he said.
Ghana: PURC Gets New Executive Secretary
Ghana:Energy Minister Inaugurates Technical Committee To Draft Framework For Private Sector Participation In ECG And NEDCo
