Gold Fields Ghana Limited has spent US$4.26 billion on goods and services over five years, including US$2.59 billion in its host communities, putting the spotlight on how mining procurement can translate into lasting economic opportunities for local businesses. The company says 93 percent of its procurement was undertaken in-country over the same period, with almost...
Day: October 27, 2026
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TOR Records GH¢1.24bn Profit as Management Targets Higher Refinery Output
Accra, Ghana — The Tema Oil Refinery (TOR) recorded a profit before tax of GH¢1.24 billion in 2025 as management intensifies efforts to restore operations, improve financial performance and expand the refinery’s processing capacity. Managing Director of TOR, Edmond Kombat Esq., disclosed this at the Government Accountability Series (GAS) held at the Jubilee House, where...
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LPRC Unveils Ambitious 50,000-Metric-Ton Storage Project, Eyes Regional Petroleum Hub.
MONROVIA, LIBERIA The Liberia Petroleum Refinery Company (LPRC) has announced plans to strengthen Liberia’s petroleum storage capacity and position the country as a regional hub for petroleum products. The announcement was made by the company’s Managing Director, Amos B. Tweh, who spoke during the dedication of the newly constructed petroleum testing laboratory and the groundbreaking...
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Liberia Petroleum Importers Association President Madam Esther Neufville Welcomes LPRC Storage Facility Project, Citing Energy Security Benefits.
MONROVIA, LIBERIA October 26, 2026. The President of the Petroleum Importers Association of Liberia, Madam Esther Neufville, has welcomed the groundbreaking of a new 50,000-metric-ton petroleum storage facility in Monrovia, describing the project as a major step towards strengthening Liberia’s energy security and promoting economic growth. Madam Neufville was sharing her thoughts during the dedication...
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Asia Is Building the World’s Next $15 Trillion Energy Market
The global energy transition is increasingly becoming an Asian story, and Asia is unlikely to follow the path envisioned in Washington or Brussels. The region’s governments will have enormous influence over the future of coal, oil, natural gas, renewables and energy storage. What happens next in Asia will determine whether the transition actually reduces global...