The company, which operates under an exclusive 15-year concession agreement from the Ghanaian Government on an
open-access basis, is jointly owned by Mining Oil & Gas Services of South Africa (65%) and Tema Oil Refinery (35%).
Crude has surged in 2022, with Brent hitting US$139, its highest since 2008, in early March as Russia’s invasion of Ukraine exacerbated supply concerns
The award was in recognition of the Energy Minister Dr Matthew Opoku Prempeh’s outstanding service, innovation and leadership in the energy sector
The National Petroleum Authority (NPA) has ruled out reports of diesel shortage on the market, insisting, the country has adequate stocks to last for more than two weeks. It follows reports that some Oil Marketing Companies (OMCs) are struggling to secure diesel from Bulk Oil Distribution Companies. This resulted in shortages at some service stations […]