Legal Green Association commends government and Edmond Kombat for TOR revival.In a press release signed by Festus Matey, Leader of the Legal Green Association, and Evans Mawunyo Tsikata, Head of Politics and Elections issued on Monday, December 29, 2025, the association said the revival of TOR after years of inactivity reflects decisive leadership and a...
Category: Oil and Gas
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TOR restart’s impact on fuel prices hinges on crude sourcing model – ACEP
The effect of the Tema Oil Refinery’s (TOR) return to operations on fuel prices will depend largely on how the facility is run, according to the African Centre for Economic Policy (ACEP).Kodzo Yaotse, ACEP’s Policy Lead for Petroleum and Energy, said TOR’s ability to consistently supply refined products over time will be critical if it...
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Nigeria Bets on Long Delayed Gas Pipeline to Ignite Industrial Boom
Nigeria’s state oil and gas company is planning to jumpstart an industrial boom in the north of the country thanks to a much-delayed gas pipeline, Reuters has reported, citing the chief executive of the Nigerian National Petroleum Company. “This is not just about energy,” Bashir Ojulari said. “It’s about industrialisation – fertiliser plants, power generation,...
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GOIL Honours Long-Serving and Retiring Staff at Durbar and Service Awards Ceremony
The GOIL Staff Durbar, Service Awards and Thanksgiving ceremony was a significant occasion marked by pride, gratitude and reflection, as employees and management gathered to celebrate the company’s collective journey.The event provided an opportunity to recognise and honour long-serving staff who have dedicated between 10 and 30 years of service to the organisation, acknowledging their...
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Tema Oil Refinery officially resumes operations
The Tema Oil Refinery (TOR) has restarted crude oil refining operations after several years of inactivity, marking a major step in efforts to revive Ghana’s downstream petroleum sector. The resumption follows the successful completion of extensive Turnaround Maintenance (TAM) works on the refinery’s Crude Distillation Unit (CDU), carried out between August 1 and October 30,...
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National Oil Companies Quietly set the Pace for the Next Decade
The prevailing structural theme right now is that national oil companies (NOCs), in some cases and across some segments, are moving faster than the majors, outspending them, beating them in locking up supply chains, and building cash cows faster for the future. You can see it directly in upstream spending trends highlighted by the IEA...
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TEMA: TOR BACK TO REFINING CRUDE
The Tema Oil Refinery (TOR) has resumed crude oil refining, marking a significant turnaround for Ghana’s only state-owned refinery after years of operational decline. Following extensive maintenance works, management confirms that system flushing and test runs on the Crude Distillation Unit have been successfully completed. The refinery has now entered the flare-up and stabilisation phase,...
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Tema Oil Refinery Holds Final Staff Durbar for 2025
Tema Oil Refinery (TOR) has held its fifth and final staff durbar for the year, marking another milestone in its ongoing efforts to revive operations. The durbar took place on Friday, December 12, 2025, under the auspices of the Managing Director, Edmond Kombat Esq. In line with TOR’s commitment to good governance and transparency, the...
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Market leader Star Oil drops fuel prices with petrol selling at GH¢10.97 and diesel at GH¢11.79
Market leader Star Oil has cut prices across its petroleum products at selected service stations nationwide. A litre of petrol has been reduced from GH¢11.97 as quoted on November 18, 2025, to GH¢10.97. Diesel has also seen a price cut, dropping from GH¢12.74 to GH¢11.79 per litre. These prices apply to selected outlets as part...
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Government Reassures Investors of Stability in Ghana’s Upstream Petroleum Sector
Government has reiterated its commitment to maintaining Ghana’s upstream petroleum sector as a safe and attractive destination for investment, as it deepens reforms across both the upstream and downstream segments to strengthen stability in the energy and power sectors. Acknowledging energy as a critical driver of economic activity, government says it has prioritised policies aimed...