Tag: fuel imports
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Oil Prices Retreat After Ukraine Strikes Russian Energy Infrastructure
Brent crude fell on Tuesday following a sharp rally that pushed prices to three-week highs, offering temporary relief to oil-importing African nations including Ghana...
Ghana Overhauls Fuel Import System to Cut Costs and Delays
Significant reforms at Ghana's primary petroleum import terminal aim to reduce demurrage expenses and stabilize fuel supply, following presidential intervention.
The Single-Point Mooring (SPM) facility,...
GOIL Reports Robust Growth Amid Fuel Import Challenges
Ghana Oil Company Limited (GOIL PLC) announced significant financial improvements in Q1 2025, defying market volatility.
Public filings confirm a 12% year-on-year profit surge with...
Africa’s Fuel Import Reliance Grows Despite Crude Export Surge
Africa continues importing refined petroleum despite rising crude oil exports, exposing critical refining deficits across the continent.
According to Afreximbank's July 2025 Commodity Market Update,...
ASEC Pushes Tema Oil Refinery Revival to Curb Fuel Import Vulnerability
The African Sustainable Energy Centre (ASEC) has urged Ghana’s government to prioritize reviving the Tema Oil Refinery (TOR), calling it a "strategic imperative" to...
