The Board Chairman of the Tema Oil Refinery (TOR), David Adomako, has resigned from the board. In a letter to the presidency, Mr. Adomako cited recent developments at the refinery for his decision to resign. In recent times, TOR workers, led by the General Transport Petroleum and Chemical Workers Union …
Read More »Those Against TOR-Torrentco Partnership Ignorant, Sponsored By Adversaries Of The Refinery – Senior Staff Union of TOR
The Senior Staff Union of the Tema Oil Refinery has urged the general public to disregard recent ‘misinformation’ concerning the TOR-Torrentco proposed partnership. According to the Union, the architects of the ongoing propaganda against the partnership are “either being ignorant about the real facts or being sponsored by adversaries of …
Read More »Tema Oil Refinery Top Trends As Citizens Fume Over ‘Shady’ Sale
The Tema Oil Refinery has been reported to be leased to a group called Torentco Asset Management (TAM) for 6 years at $22 million. The group is allowed to refine up to 8 million barrels of oil a year by paying $1 million every year as rent. However, social media …
Read More »I Will Revive Tema oil refinery If I Win 2024 Election – Mahama Assures Ghanaians
The Former President of the Republic of Ghana, H.E John Dramani Mahama is promising to revive the Tema Oil Refinery (TOR) if elected again as president. He said the move to revamp the operations of the refinery is to enable TOR to carry out its core business of refining crude …
Read More »$2.5 Million Worth Of Crude Condensate Missing At TOR – Energy Minister Confirms
The Minister of Energy and also a Member of the Parliament for Manhyia South Constituency in the Ashanti Region, Dr. Matthew Opoku Prempeh, has disclosed that some $2.5 million worth of crude condensate has gone missing at the Tema Oil Refinery (TOR). The Minister explains that his outfit secured a …
Read More »Tema Oil Refinery To Begin Refining As Government Seals Deal For Crude Oil
The Tema Oil Refinery (TOR) has begun processes to refine crude oil in the country. This follows a lease agreement with a private investor, Decimal Capital Limited, a leading Kenya-based oil investor. Decimal Capital Ltd is a private limited liability company offering financial solutions to wide variety of individuals and …
Read More »Energy strategist To Government: Privatise Tema Oil Refinery To Make It Vibrant Again
An energy strategist, Dr. Yusuf Suleman, has welcomed the privatisation of the Tema Oil Refinery, as a means of dealing with the perennial challenges that affect the company. Speaking in a discussion on fuel prices on The Probe on Sunday, he expressed concern about the inability of the company …
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