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Friday, 15 May 2026
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Friday, 15 May 2026
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Ghanaian press · Organization

Tema Oil Refinery

Also known as: TOR

Tema Oil Refinery — Ghana's state-owned refinery pursuing West African crude supplies to restore operations after years of financial difficulties and external market pressures.

2026-04-272026-05-15

In coverage

Verbatim sentences from the source article.

  1. May 2026
  2. April 2026
  3. offer the government an alternative route to fund infrastructure without adding to debt burdens. “Through instruments such as Sukuk (Islamic bonds), Ghana can fund significant infrastructure projects like road construction, railway expansion, the revival of the Tema Oil Refinery

    Joy Online

    Ghana moves toward interest-free banking as local lenders seek licences
Business

Ghana pilots 24-hour petroleum downstream operations

The News

The National Petroleum Authority has launched a six-month pilot of the 24-Hour Economy programme in the petroleum downstream sector across 268 fuel retail outlets, eight fuel depots and two refineries in four regions. The initiative aims to reduce fuel supply bottlenecks, shorten transit times, and create jobs by extending operational hours in a sector that underpins productive activities including agro-processing, manufacturing, logistics, transportation and export trade.

Why it matters

24-hour petroleum downstream pilot across 268 outlets aims to reduce fuel supply bottlenecks and boost productivity.

14 May 2026 · Joy Online

Yesterday

  1. Ghana pilots 24-hour petroleum downstream operations

    The National Petroleum Authority has launched a six-month pilot of the 24-Hour Economy programme in the petroleum downstream sector across 268 fuel retail outlets, eight fuel depots and two refineries in four regions. The initiative aims to reduce fuel supply bottlenecks, shorten transit times, and create jobs by extending operational hours in a sector that underpins productive activities including agro-processing, manufacturing, logistics, transportation and export trade.

    14 May 2026 · Joy Online

Tuesday 12 May

  1. Three IPOs in six months add GH¢11bn to GSE market

    The Ghana Stock Exchange is experiencing its most active period of primary equity issuance in nearly a decade, with three IPOs—First Atlantic Bank, ZEN Petroleum, and Kasapreko—set to add around GH¢10.88 billion to the exchange's total market capitalisation. The three listings together account for approximately 4 percent of the market cap.

    12 May 2026 · Business & Financial Times

Monday 11 May

  1. Expert urges review of Petroleum Act for TOR crude supply

    Benjamin Nsiah of the Centre for Environmental Management and Sustainable Energy calls for Ghana's Petroleum Act to be reviewed to guarantee consistent allocation of locally produced crude oil to the Tema Oil Refinery, arguing that domestic feedstock is critical to reviving the refinery's operations. He expresses concerns that TOR's financial position makes it unlikely the refinery can sustain plans to import crude from the West African region given rising global energy and shipping costs.

    11 May 2026 · Joy Online

Friday 8 May

  1. TOR pursuing West African crude supplies for operational recovery

    Tema Oil Refinery is turning to West African crude oil to restore stable operations and support long-term recovery, with discussions ongoing on how Ghana's crude allocation could guarantee more consistent feedstock supply. The move is part of wider repositioning efforts following years of financial difficulties, operational challenges, and external market pressures including global crude supply disruptions and rising shipping costs.

    8 May 2026 · Joy Online

Tuesday 5 May

  1. Ghana positioned for $60bn integrated petroleum hub

    Ghana's geographic advantage, infrastructure, political stability, and emerging petroleum assets position it to create an integrated petroleum and petrochemical hub serving domestic energy needs and serving as an export node for West Africa. The article references Nigeria's Dangote Refinery as a model, which processes 650,000 barrels of crude oil per day and reached full refining capacity in February 2026.

    5 May 2026 · Business & Financial Times

Saturday 2 May

  1. Government considering Western Rail Line under Big Push programme

    President Mahama announced that the government is considering absorbing the comprehensive overhaul of the Western Rail Line into its 'Big Push' programme to revitalise trade in the Western Corridor and improve transfer of bauxite, manganese, and cocoa to ports.

    2 May 2026 · Joy Online

Friday 1 May

  1. President Mahama says government revived collapsing state-owned enterprises

    President John Dramani Mahama told May Day workers that the government has made significant progress reviving state-owned enterprises through policy interventions and financial support, citing the Tema Oil Refinery's return to operation, recapitalisation of the Agricultural Development Bank and National Investment Bank, and recovery efforts at Tema Shipyard as examples of this economic strategy.

    1 May 2026 · Joy Online

  2. Mahama urges TUC to demand accountability in state enterprises

    President Mahama called on the Trades Union Congress and Organised Labour to actively monitor State-Owned Enterprises and speak up when management mismanages them, warning that workers suffer most when such institutions collapse. He highlighted government efforts to revive struggling SOEs, including resuming operations at the Tema Oil Refinery and recapitalising the Agricultural Development Bank and National Investment Bank.

    1 May 2026 · Joy Online

Wednesday 29 April

  1. Vice-President of Operations retires after 15 years at Genser Energy

    Daniel Tettey Ayi, Vice-President of Operations at indigenous energy company Genser Energy, is retiring after nearly 15 years with the firm. His career spans the Tema Oil Refinery, Oman Refineries & Petrochemicals Company, and Genser, where he oversaw the commissioning and operation of five power plants managing more than 200 megawatts of installed capacity.

    29 April 2026 · Joy Online

Monday 27 April

  1. Ghana pursues non-interest banking as lenders apply for licences

    At least one indigenous lender has formally applied for a non-interest banking licence in Ghana, with four additional banks preparing applications following the Bank of Ghana's release of guidelines in January 2026. The regulator has signalled readiness to assess applications, while the Securities and Exchange Commission works on rules for sukuk, Islamic financial instruments offering alternative funding options.

    27 April 2026 · Joy Online

Tema Oil Refinery — Ghanaian press coverage · Ghana Minute