The Tema Oil Refinery (TOR) is working to increase its crude oil processing rate from approximately 28,000 barrels to between 45,000 and 55,000 barrels per stream day, as part of efforts to expand local refining capacity and reduce Ghana’s reliance on imported petroleum products.
The Chief Executive of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo, has called for greater regulatory harmonisation among African countries to attract investment, improve market efficiency and strengthen the continent’s downstream petroleum industry.
A delegation from the International Monetary Fund (IMF) has visited the Tema Oil Refinery (TOR) to assess ongoing rehabilitation works and familiarise itself with management’s efforts to restore the facility to sustained operational and financial stability.
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A delegation from the Uganda Revenue Authority (URA) has visited the Tema Oil Refinery (TOR) to gain insights into Ghana’s crude oil refining operations as Uganda advances plans to establish its own refinery.
The Ghana Revenue Authority (GRA) has cleared Say Cheers of tax non-compliance following a review of the company's transactions, attributing earlier concerns about its tax status to miscommunication between the authority and the business.
Ghana now handles approximately 40% of Burkina Faso’s petroleum transit, up from 15% two years ago, highlighting the country’s growing importance as a transit route for fuel supplies to its landlocked neighbour.
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The National Petroleum Authority (NPA) has expressed its commitment to strengthening collaboration with the University of Mines and Technology (UMaT) to promote innovation, technical training and professional development in Ghana’s downstream petroleum industry.
The Ghana Gold Board (GoldBod) has purchased 1.8 tonnes of unrefined gold from large-scale mining companies over the past two months as part of efforts to expand local refining and strengthen Ghana’s gold reserves.
The Social Security and National Insurance Trust (SSNIT) has disbursed GH¢6.71 billion in benefits to members and beneficiaries as of September 2026, reaffirming its commitment to providing financial security for workers and pensioners across Ghana.
The Ghana Gold Board (GoldBod) has announced plans to end the country’s export of raw minerals by 2030, as part of efforts to increase local value addition and ensure Ghana derives greater economic benefits from its mineral resources.
The Importers and Exporters Association of Ghana (IEAG) has called on Finance Minister Dr Cassiel Ato Forson to convene an emergency stakeholder meeting to address persistent shipping delays, container transfer disruptions and rising operational costs at the Tema Port.
The Minister of Energy and Green Transition, Dr John Abdulai Jinapor, has pledged to lead inter-ministerial engagements to resolve outstanding land acquisition, compensation and financing issues delaying the development of Ghana’s Petroleum Hub.
President John Dramani Mahama has announced plans to phase out exports of unprocessed mineral ores by 2030 as part of efforts to promote local processing, accelerate industrialisation and retain more economic value from Ghana’s natural resources.
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