The Abia State Command of the Nigeria Security and Civil Defence Corps has arrested four suspects for operating an illegal refinery in the state. The state Commandant, Usman Alfadarai said the arrest made after a 48-hour sustained surveillance within and around Obiakpu, Obuzo-Asa, in the Ukwa West area of …
Read More »Ghana set to establish lithium refinery in Western Region
All is set to establish a lithium refinery in the country in the Western Region. To this end, Lithium Resources Ghana Limited, a joint venture company of UK-based CAA Mining Ltd and Empire Rare Earth and Metals Group Ltd, a local company are currently exploring suitable and strategic location for …
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 users have …
Read More »Move Tema Oil Refinery away from every political cycle to revive it – IES
Tema Oil Refinery (TOR) has not been operational since June 2018 due to lack of crude oil which serves as a raw material for the refinery. Aside from the inadequate crude oil in the country’s only oil refinery, TOR is faced with other challenges like broken equipment, piled debt, among …
Read More »It is painful that Tema Oil Refinery is not working because of $5 million – Former NPP MP
Former New Patriotic Party Member of Parliament for Obuasi East, Edward Ennin, has described as painful the government’s failure to get the Tema Oil Refinery working. According to the former chairman of parliament’s committee on mines and energy, his investigation has established that it will cost around $5 million to …
Read More »Aliko Dangote’s $19-billion oil refinery 97% complete – Report
Dangote Industries Limited, a multinational manufacturing group owned by Africa’s richest man Aliko Dangote, has announced that the Dangote Oil Refinery, a $19-billion integrated petrochemical refinery complex, is 97-percent complete. In a recent update on the ongoing construction work at the multibillion-dollar petrochemical complex in Lagos’s Lekki Free Zone, the …
Read More »Plan in place to revamp Tema Oil Refinery – Egyapa Mercer
As Ghanaians look for some reprieve in the petroleum sector amid soaring prices, a Deputy Minister for Energy, Andrew Egyapa Mercer, has said the Tema Oil Refinery (TOR) could be back online by the end of 2022. In April, he said, the management of TOR sought approval from the Ministry …
Read More »108 feared dead as illegal refinery explodes
No fewer than 108 people were killed on Friday night, while several vehicles were burnt after an illegal refinery exploded at Abaezi forest in the Ohaji-Egbema Local Government Area of Imo State. THISDAY gathered that the fire incident was caused by illegal refining activities at a border community between Ogba/Egbema/Ndoni …
Read More »Ghana needs joint venture to revamp Tema Oil Refinery – Dr Kpodar
Dr Chris Kpodar, Chairman, and Chief Executive Officer of Solomon Investments Ghana Limited, has called on the Government to enter into a joint venture with reputable international oil companies to help revamp the Tema Oil Refinery. Dr Kpodar, who is also a Chief Technical Advisor for the Centre for Greater …
Read More »Tema Oil Refinery MD, deputy fired
The Managing Director (MD) of Tema Oil Refinery (TOR), Francis Boateng, has been sacked from his post, together with his deputy, Ato Morrison. The duo, who had been at the helm of the troubled state-owned refinery since May 2020, were reportedly served with their dismissal letters last Friday June 11, …
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