Tag: Tema Oil Refinery
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TOR Receives One Million Barrels of Bonga Crude
The Tema Oil Refinery (TOR) has taken delivery of approximately one million barrels of Bonga Crude oil in the latest step toward restoring stable...
Ghana Think Tanks Push for Fuel Sector Reform, Not Just Relief
A coalition of policy and energy think tanks pressing the government for an immediate cut in petroleum prices has made clear that the fight...
Ghana Burns More Fuel Than Ever but Produces Far Less
Ghana consumed 7.45 billion litres of petroleum products in 2025, a 15.29% jump from the 6.46 billion litres recorded in 2024, even as the...
TOR Pursues KPMG Audit and Debt-to-Equity Swap to Cut US$517m Burden
The Tema Oil Refinery (TOR) is pursuing a multi-track financial restructuring strategy to reduce its staggering US$517 million debt burden, with plans ranging from...
Fitch Projects Ghana Current Account Surplus at 4.2% of GDP
Ghana's macroeconomic buffers have strengthened to levels that position the economy to absorb global energy shocks, with Fitch Solutions projecting a current account surplus...
