Tema Oil Refinery Returns to Spotlight as Ghana Moves to Process More Local Crude
The Tema Oil Refinery is expected to play a renewed role in Ghana’s downstream petroleum sector as government pushes to process more crude oil locally and reduce the country’s dependence on imported refined petroleum products. President John Dramani Mahama first announced that Ghanaian crude from the country’s offshore fields would be delivered to the Tema […]
Government announces $3.5bn oil and gas investment push
Ghana’s oil and gas sector has received a major investment boost after President John Dramani Mahama announced about $3.5 billion in new upstream commitments aimed at increasing the country’s crude oil and gas production. The announcement comes at a critical time for Ghana’s petroleum industry, which has struggled with declining output in recent years. According […]
Global oil price rebound may affect Ghana fuel prices again
Fuel prices in Ghana have dropped again, giving motorists, transport operators, and businesses some short-term relief. GOIL reduced petrol from GH¢13.87 to GH¢12.79 per litre, while diesel moved down from GH¢15.95 to GH¢15.35 per litre. Star Oil also adjusted its prices, selling petrol at GH¢12.79 per litre and diesel at GH¢14.95 per litre. The reduction […]