Fitch: Falling gold prices could drain Ghana’s reserves

Fitch Solutions has warned that a sharp drop in global gold prices could swiftly erode Ghana’s international reserves and trigger…

Iran can’t close Hormuz Strait alone – NPA boss

Chief Executive of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe, has played down fears that Iran could close the…

TOR to resume oil refining in October 2025

Tema Oil Refinery (TOR) will restart operations in October 2025, according to Acting Managing Director Edmund Kombat. He revealed the…

BOST plans strategic upgrade of Takoradi depot

The Bulk Oil Storage and Transportation (BOST) Company has announced plans to transform its Takoradi depot into a key piece…

NPA: Ghana has two-month fuel reserve despite uncertainty

Godwin Edudzi Tameklo, the acting CEO of the National Petroleum Authority (NPA), has assured the public that Ghana has sufficient…

TOR debt climbs to $517 million amid operational, IMF pressures

Tema Oil Refinery (TOR) has revealed that its total debt reached $517 million by the end of 2024, driven largely…

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