… He commended the NPA, Tema Oil Refinery, transporters and marketers for supporting the programme. …
Ghana launches petroleum downstream 24-hour economy pilotTema 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.
In coverage
Verbatim sentences from the source article.
- May 2026
… Strategic restructuring and public listing of key SOEs, including Ghana Gas, Tema Oil Refinery, Ghana Airports Company, and Ghana Ports and Harbours Authority, could unlock substantial long-term capital while strengthening national economic infrastructure,” Mr. …
3 IPOs in 6 months add GH¢11bn to GSE market capThe Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, is calling for a review of Ghana’s Petroleum Act to guarantee a more consistent allocation of locally produced crude oil to the Tema Oil Refinery (TOR). …
Review Petroleum Act to secure crude supply for TOR – expert urgesTema Oil Refinery (TOR) is increasingly turning to crude oil from West Africa as part of efforts to restore stable operations and support a long-term recovery plan, its managing director has said. …
TOR turns to West African crude as revamp efforts deepen… Perhaps, the totality of the gains from all our sun-regional projects such as the efficient performance of the Tema Oil Refinery (TOR), the coming on board of the full scale Petroleum Hub project and the Dangote Refinery, will strategically help Africa win and hence, scale its se …
Law & Leadership Colloquium with Pastor Tommy: Petroleum Hub’s $60bn Project: Promises, prospects and need for partnerships… He confirmed to the gathering that the Tema Oil Refinery (TOR) has resumed operations, while key financial institutions, including the Agricultural Development Bank (ADB) and the National Investment Bank (NIB), have been successfully recapitalised. …
Gov’t considers absorbing Western Rail Line reconstruction under Big Push Programme… He cited the Tema Oil Refinery (TOR) as one of the success stories, noting that the facility is now back in operation after a prolonged period of inactivity. …
Gov’t has revived collapsing SOEs – Mahama cites TOR, ADB, NIB… According to him, the Tema Oil Refinery has resumed operations, while the Agricultural Development Bank and the National Investment Bank have been recapitalised to improve their performance. …
Don’t sit aloof when SOEs are mismanaged -Mahama urges TUC- April 2026
… His career, stretching from the Tema Oil Refinery to Oman Refineries and Petrochemicals Company and finally to Genser, reads like a masterclass in Ghanaian engineering excellence. …
From Tema to Chirano, via Oman: A quiet architect of Ghana’s power generation retires… 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 …
Ghana moves toward interest-free banking as local lenders seek licences
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.
24-hour petroleum downstream pilot across 268 outlets aims to reduce fuel supply bottlenecks and boost productivity.
14 May 2026 · Joy Online →
Yesterday
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
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
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
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
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
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
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 →
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
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
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 →