SIGA commends TOR for historic financial turnaround and submission of six years of audited accounts

The State Interests and Governance Authority (SIGA) commends the Board, Management, and Staff of Tema Oil Refinery (TOR) for the successful completion and submission of outstanding Audited Financial Statements for 2019, 2020, 2021, 2022, 2023, 2024 and 2025. This achievement marks a major milestone in the TOR’s governance, compliance, and accountability journey, especially considering that […]

COPEC calls for continued investment to ensure TOR’s sustainability

The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has emphasised the need for sustained financial support to secure the long-term operations of the Tema Oil Refinery (TOR). The Tema Oil Refinery recently resumed crude oil processing following the successful completion of major Turnaround Maintenance (TAM) works on its Crude Distillation Unit. […]

Tema Oil Refinery resumes crude refining after years of shutdown

The Tema Oil Refinery (TOR) has officially resumed crude oil refining operations after several years of inactivity. The resumption follows the successful completion of major Turnaround Maintenance (TAM) works on the refinery’s Crude Distillation Unit (CDU), carried out between August 1 and October 30. The maintenance exercise, completed within three months, was undertaken in line […]