• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, October 22, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Tema Oil Refinery MD Resigns

M.Cby M.C
August 14, 2023
Reading Time: 3 mins read
M.Cby M.C
in Extractives/Energy
0
v

Jerry Kofi Hinson, the Managing Director of Tema Oil Refinery (TOR)

Jerry Kofi Hinson, the Managing Director of Tema Oil Refinery (TOR) has resigned from his position as the TOR MD.

According to the resignation letter submitted to the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, Mr Jerry Kofi Hinson is resigning on health grounds. 

The letter cited unforeseen health circumstances for his decision. Mr Hinson, who previously served as an Executive Director at Minecom overseeing the oil and gas business unit, took over the TOR role in March 2022. 

RelatedPosts

Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

GAEC Intensifies Efforts in Extractive Industries’ Sustainability

Dangote to Expand Refinery to 1.4 Million Barrels Per Day 

Mr Hinson expressed gratitude for the opportunity to serve his country and pledged to ensure a smooth transition of his duties. 

Jerry Kofi Hinson succeeded Francis Boateng and Ato Morrison, who were both dismissed from their positions in June 2021. 

Mr Hinson’s resignation follows his efforts, alongside the TOR Board of Directors and Management, to identify a suitable partner for the refinery’s revitalisation. He expressed regret for being unable to continue in his role and thanked the President for the unique opportunity to serve. 

ADVERTISEMENT

Mr Hinson’s resignation is effective following an agreed-upon handover period with the Board of Directors.

With a background in petroleum engineering and technical management, Hinson has an extensive international career spanning over 26 years, including various roles within Shell companies.  He holds a BSc. in Physics from the Kwame Nkrumah University of Science and Technology (KNUST) and an MSc. in Computer Science from London. 

Newly Built Refinery At Tema

Mr Hinson’s resignation came at the time when a newly built US$1.98 billion oil refinery is scheduled to start operations by the end of this month August 2023. This follows its completion early in July and its readiness to commence operations. It is one of the most anticipated projects in the oil industry in the region this year.

The project is run by Sentuo Group, which has similar investments in the country. The new refinery is expected to have an output of about five million metric tonnes of various petroleum products. These products include diesel, fuel oil, jet fuel and liquefied petroleum gas.

Tema Oil Refinery

According to K.T. Hammond, Ghana’s Minister of Trade and Industry, the government was in talks with the group to acquire about 500,000 barrels of crude oil to be used by the company during the first production. The minister conducted a tour of the facility, and said he was satisfied with the progress of the project and looks forward to commissioning it when it finally becomes operational.

Initial estimates indicated that the refinery will refine over 4.26 million metric tonnes of products by the end of 2025. Sentuo Group believes that it can produce quality above Euro IV in the refinery. The company expected to be producing high-quality products for the local and export markets that meet all the required standards from the first day the refinery is in production.

Meanwhile, with the fate of the nation’s premier refinery – the Tema Oil Refinery currently unknown, the new MD to take over from the outgoing MD, has a lot of work on his shoulder to do in order to revive the TOR.

READ ALSO: Government Likely to Miss Its GH¢38.959 billion T-bills Target for Q3 Owing to Rising Inflation Rate- Analyst

Tags: Jerry Kofi HinsonK.T. HammondNana Addo Dankwa Akufo-AddoSentuo GroupTema Oil Refinery (TOR)Tema Oil Refinery MD Resigns
Please login to join discussion
Previous Post

Mending Broken Walls Of Africa Nations Besieged By ‘Uninterrupted’ Coups

Next Post

Niger Coup: Leaders Of ECOWAS Disconnected From Reality- Dr. Adam Bonaa

Subscription Form

Related Posts

Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation
Extractives/Energy

Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

October 22, 2025
GAEC Intensifies Efforts in Extractive Industries’ Sustainability
Extractives/Energy

GAEC Intensifies Efforts in Extractive Industries’ Sustainability

October 22, 2025
Dangote to Expand Refinery to 1.4 Million Barrels Per Day 
Extractives/Energy

Dangote to Expand Refinery to 1.4 Million Barrels Per Day 

October 22, 2025
Effective Governance Critical for Mineral Sector Transformation – Rev. Paul Boafo
Extractives/Energy

Effective Governance Critical for Mineral Sector Transformation – Rev. Paul Boafo

October 22, 2025
Ghana Gold Board (GoldBod)
Extractives/Energy

GoldBod Opens Licensing for Jewellery, Fabrication, and Refinery Businesses 

October 22, 2025
Parliament of Ghana
Extractives/Energy

Parliament to Hold Special Hearings on Extractive Industries to Drive Job Creation 

October 22, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
General News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

by Silas Kafui AssemOctober 22, 2025
Louvre Director, Laurence des Cars.
Europe

Louvre Director Admits Security Failure

by Comfort AmpomaaOctober 22, 2025
Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation
Extractives/Energy

Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

by Bless Banir YarayeOctober 22, 2025
Professionals question IMF’s Impact on Ghana’s Economy
Economy

Professionals question IMF’s Impact on Ghana’s Economy

by Michael Teye-Bio NaduteyOctober 22, 2025
Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom
Banking

Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom

by M.COctober 22, 2025
Israel’s Expansion Of Settlements In Occupied West Bank Slammed
Asia

Knesset Advances Bill To Impose Israeli Sovereignty On Occupied West Bank

by Comfort AmpomaaOctober 22, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
Louvre Director, Laurence des Cars.
Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation
Professionals question IMF’s Impact on Ghana’s Economy
Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom
Israel’s Expansion Of Settlements In Occupied West Bank Slammed

Recent News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

October 22, 2025
Louvre Director, Laurence des Cars.

Louvre Director Admits Security Failure

October 22, 2025
Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

October 22, 2025
Professionals question IMF’s Impact on Ghana’s Economy

Professionals question IMF’s Impact on Ghana’s Economy

October 22, 2025
Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom

Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom

October 22, 2025
Israel’s Expansion Of Settlements In Occupied West Bank Slammed

Knesset Advances Bill To Impose Israeli Sovereignty On Occupied West Bank

October 22, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address