Government Hits Jackpot
Government has bagged over GHC3.4billion from taxes imposed on petroleum products for the first six months in 2016. Data released by the National Petroleum Authority (NPA) for products sold for the...
Tag: Tema Oil Refinery
Power Firms In GH¢19bn Maze of Debt
Government’s efforts to address the debt position of four key state-owned enterprises in the energy sector has left the International Monetary Fund (IMF) flummoxed as to how the debt restructuring...
Fuel Prices Likely To Go Up Again
The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday October 16. According to the Chamber, “the decision for cuts in OPEC production...
Uganda Oil Refinery Completion Date Pushed To 2020
Uganda has rescheduled the completion date for its planned crude oil refinery plant in Kabaale, Hoima district, by two more years after a lead investor pulled out of the project at a crucial stage of...
TOR Cannot Refine 10ppm Diesel – Senyo Horsi
The Tema Oil Refinery does not have the capacity to refine 10 parts per million (ppm) sulphur content levels for diesel. That’s according to the Bulk Oil Distributors. On Tuesday, CEO of TOR, Awuah...
Ghana Starts Fuel Exports To West African Countries
Ghana has begun supplying gasoline and gas oil to the landlocked countries of Burkina Faso, Niger and Mali from the Bolgatanga Petroleum Depot. The state-owned Bulk Oil Storage and Transportation...
Asaga Justifies ‘dirty’ Fuel Imports
Ghanaians will continue to use toxic fuel containing high levels of sulphur for a long period of time. This is because the Tema Oil Refinery (TOR) does not have the capacity to reduce the sulphur...
Refining 10ppm Diesel To Cost TOR $120m
The Chief Executive Officer of the Tema Oil Refinery, Kwame Awuah Darko has disclosed to Citi Business News it will cost Ghana about 120 million dollars to re-configure the country’s refinery...
Ghana Will Keep Importing ‘dirty Fuel’ For 3-Years – NPA
Ghana will continue to import toxic fuel said to be containing high levels of sulphur for at least three more years. This is because the country’s oil refinery the Tema Oil Refinery (TOR)is yet to...
Restructuring of VRA Legacy Debts On Course
The Ghana Association of Bankers (GAB) says the ongoing restructuring of Volta River Authority (VRA) legacy debts on the books of some local banks is on course. The process would show a reduction of...
Sanction NPA, OMCs Over Importation of Toxic Fuel – Expert
An Oil and Gas expert, Kwame Jantuah, is demanding sanctions the National Petroleum Authority for allowing into the country diesel with high levels of toxic sulphur chemicals. It emerged weeks ago...
NPP Fights Fifi Kwetey
Claims by Fifi Kwetey, the Minister of Transport that drug money that flowed freely in Ghana masked an extremely ailing economy under former President John Kufuor, are “baseless”, “useless”,...
‘Cocaine Cash’ Masked An Ailing Economy Under Kufuor
Drug money that flowed freely in Ghana masked an extremely ailing economy under former President John Kufuor, Transport Minister Fifi Kwetey has said at the governing National Democratic Congress’...
Akufo-Addo ‘monumentally Incompetent’ – Fiifi Kwetey
The failure of the flag bearer of the New Patriotic Party (NPP), Nana Addo Dankwa Akufo-Addo, to provide water for the people of his constituency, Abuakwa North, for the 12 years he served as a...
Cocaine Cash Buoyed Ailing Economy Under Kufuor – Fiifi Kwetey
Drug money that flowed freely in Ghana masked an extremely ailing economy under former President John Kufuor, Transport Minister Fiifi Kwetey has said at the governing National Democratic Congress’...
TOR Constrained In Production of Low Sulphur Content Fuel
Lack of infrastructure and funds are the constraints to Ghana’s quest to fast-track the processes to achieve low sulphur content in diesel and other petroleum products, the National Petroleum...
Toxic Diesel
Following a global report which has uncovered that Ghana’s market is flooded with toxic diesel, The Finder can report that data from the National Petroleum Authority (NPA) has revealed that Bulk...
Ghanaians Must Pay For Premium Fuel – BDC Boss
The Chief Executive Officer of Chamber of Bulk Oil Distributors says it is a matter of cost that fuel providers in Europe supply Ghana with fuel which has been described as toxic. Senyo Hossi says if...
Mahama Needs $24bn To Implement 75% Manifesto Promises – IMANI
Policy Think Tank IMANI Africa, has stated that the next Mahama-led administration – if given the nod in the upcoming elections - will need an amount of $24 billion to implement 75 percent of the...
Shama Will Get Fertiliser Factory
President John Dramani Mahama has promised to construct a factory at Shama in the Western Region if retained in the December 7 elections. Presenting highlights of the governing National Democratic...