trending_flat
New TOR MD pledges to revive refinery; blames NPP for mismanagement

The newly appointed acting Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat, has expressed his determination to address the challenges that have brought the state-owned oil refinery to its knees. TOR, which is currently shut down, has the capacity to refine about 45,000 barrels per stream day (bpsd). The plant, however, is grappling with numerous issues, including broken-down equipment and a significant debt burden. Speaking in an exclusive interview with Graphic Online on Friday, May 2, 2025, Mr Kombat described the refinery’s problems as largely financial in nature. Assessment He attributed the facility’s decline to what he described as “pure mismanagement” under the previous New Patriotic Party (NPP) administration. “We inherited a debt of $517 million left by the previous administration. The Residue Fluid Catalytic Cracking (RFCC) unit has not operated since 2019, and the Crude Distillation Unit […]

trending_flat
Tema Oil Refinery Achieves Record $2.9 Million Revenue in March 2025

In March 2025, Tema Oil Refinery (TOR) recorded a remarkable revenue of $2.9 million, marking its highest earnings in the past three years. This achievement highlights a significant recovery and growth for the refinery, which plays a critical role in Ghana’s energy sector. This success reflects improved operational efficiency and a growing demand for refined oil products, showcasing TOR's resilience and potential for further growth in the industry.This milestone is particularly notable as it signals a positive trend for Ghana's energy sector, with TOR at the forefront of driving economic growth through its refining capabilities.

trending_flat
Angry Youth Demand Exit of Former Government Appointees in Tema.

A group of irate youth stormed several public institutions in Tema on Wednesday, January 8, 2025, demanding the immediate resignation of appointees from the previous administration. The protesters, dressed in red, targeted key establishments, including TDC Ghana Ltd, Tema Oil Refinery (TOR), and Volta Aluminium Company Limited (VALCO).Speaking to journalists, one of the protesters, Kwame Dankwa, stated their grievance: “We do not want any appointee of the previous administration to remain in office.” The group reportedly locked some offices during their protest, creating tension among employees.Although the protest caused some workers to flee, the Tema Regional Police intervened promptly, preventing violence and ensuring no physical assaults occurred. The youth warned they would return if their demands were not met, heightening concerns of further unrest.The protest highlights growing frustration among some Ghanaians regarding political appointments and their perceived implications on governance.

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation