Also known as: Star Oil Ghana Limited
Oil marketing company operating 280 pump stations across Ghana, with 15.78% market share as of September 2026.
News reports
Order a long-term news report on Star Oil
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
Joy Online
The Chief Executive Officer of GOIL, Edward Bawa, has praised his counterpart at rival fuel marketing company Star Oil, Philip Kwame Tieku, describing their relationship as healthy despite the fierce competition between the two companies. …
GOIL CEO praises Star Oil counterpart despite fierce market rivalryJoy Online
GOIL is ready for a tough fight to retain its position in Ghana’s fuel market as competition from Star Oil intensifies, Chief Executive Officer Edward Bawa has said. …
GOIL won’t give up ground as Star Oil battles for market share, says Edward BawaJoy Online
… He cited Star Oil as having maintained its petrol price at GH¢14.97 per litre while increasing diesel from GH¢16.47 to GH¢16.97 per litre, adding that other OMCs were monitoring market developments before reviewing their prices. …
Keta residents react with mixed feelings to fresh fuel price hikeJoy Online
Some Oil Marketing Companies (OMCs) have begun reviewing fuel prices at the pumps from Tuesday, September 1, 2026, with Star Oil leading the latest adjustments. …
Fuel Prices: Star Oil holds petrol at GH¢14.97, raises diesel to GH¢16.97Joy Online
… Star Oil has taken the lead among the top oil marketing companies, as Joy Business checked the prices of petroleum products across some pump stations this morning. …
OMCs commence fuel price reviews; Star Oil sells petrol at GH¢14.97, diesel kept at GH¢16.97Joy Online
… He mentioned Star Oil as one of the companies that had moved quickly to reduce diesel prices, describing the move as consumer-friendly. …
COPEC welcomes GH¢2 diesel subsidy but urges gov’t to pursue long-term fuel strategyJoy Online
Motorists should brace for higher fuel prices as more Oil Marketing Companies (OMCs) are expected to adjust their pump prices from today, following another upward review by Star Oil amid rising international petroleum prices. …
Fuel prices go up as Star Oil raises pump prices again; petrol sells for GH¢15.57, diesel at GH¢18.97Joy Online
… In a Facebook post on July 24, Star Oil Chief Executive Philip Tieku said international fuel prices had surged sharply since the current pricing window began. …
Fuel prices could change daily as Bulk Oil Distributors abandon fixed pricing modelJoy Online
… Major market player, Star Oil, took the lead on August 1, 2026, increasing petrol to GH¢14.53 from GH¢14.47, whilst diesel has also been reviewed fromGH¢17.67 to GH¢18.77. …
OMCs increase fuel prices; Star Oil sells petrol at GH¢14.53 and diesel GH¢18.77Joy Online
… The Managing Director of Star Oil in a Facebook post stated that the decision to review prices again before August 1 was due to the sharp rise in international prices. …
NPA price floor: Consumers to pay at least GH¢14.53 for petrol, diesel pegged at GH¢16.97Star Oil reduced petrol from GH¢16.64 to GH¢16.45 per litre effective October 16, 2026, as some oil marketing companies begin adjusting prices for the second pricing window. The Chamber of Oil Marketing Companies attributed the movements to crude oil prices, exchange-rate pressures, and government interventions, though LPG prices are projected to rise by over 18%.
16 October 2026 · Joy Online →
Star Oil reduced petrol from GH¢16.64 to GH¢16.45 per litre effective October 16, 2026, as some oil marketing companies begin adjusting prices for the second pricing window. The Chamber of Oil Marketing Companies attributed the movements to crude oil prices, exchange-rate pressures, and government interventions, though LPG prices are projected to rise by over 18%.
16 October 2026 · Joy Online →
Oil marketing company Star Oil has donated GH¢1 million towards the construction of a new Criminal Investigations Department facility estimated at GH¢11 million, which will include office accommodation, interrogation rooms, and detention facilities.
13 October 2026 · Joy Online →
Oil marketing firm Star Oil paid GH¢2.7 billion in taxes and levies to the State from January to September 2026, including corporate income tax, withholding tax, PAYE, and the Growth and Sustainability Levy. During the same period, the firm sold 792 million litres of petroleum products with a 15.78% market share and operated 280 pump stations across Ghana.
10 October 2026 · Joy Online →
Star Oil Ghana Limited has rejoined the Chamber of Oil Marketing Companies (COMAC) after suspending membership in January 2026, while calling for reforms to the Chamber's governance structure, particularly regarding permanent board representation granted to founding members.
1 October 2026 · Joy Online →
An Institute for Energy Security analysis notes that while geopolitical tensions in the Strait of Hormuz have pushed Brent crude above US$100 per barrel, Ghana's domestic fuel prices have been moderated by relative exchange-rate stability, disinflation, and targeted fuel relief, despite the country depending on imports for over 60% of petroleum products.
21 September 2026 · Joy Online →
The CEO of Ghana's National Petroleum Authority says the sector is prepared to manage disruptions from rising international fuel prices, noting that Ghana's dependence on imported refined petroleum products leaves it exposed to external shocks.
21 September 2026 · Joy Online →
The National Petroleum Authority CEO says international diesel prices have almost doubled since February, but Ghanaian consumers have been insulated from the full impact due to cedi stability and government intervention. The NPA raised the minimum price floor for diesel to GH¢16.77 per litre from September 16, though some oil marketing companies have priced it higher.
18 September 2026 · Joy Online →
Star Oil's subsidiary SOL Energy has secured a provisional licence from the National Petroleum Authority to operate as a Bulk Import, Distribution, and Export firm (BIDEC). Industry observers say the move gives Star Oil greater control over petroleum supply and pricing, and may help it consolidate market share and strengthen its competitive position.
17 September 2026 · Joy Online →
Star Oil has increased petrol to GH¢16.77 per litre (a 6% rise from GH¢15.17) and diesel to GH¢17.77 per litre (a 4.71% rise from GH¢16.97), citing higher international petroleum prices and cedi depreciation. Other oil marketing companies are expected to adjust prices this week, though some are monitoring competition first.
16 September 2026 · Joy Online →
GOIL and Star Oil are engaged in an intense price war for market share, but their chief executives maintain a businesslike relationship conducted largely through social media. GOIL CEO Edward Bawa says the competition is strictly business and has never become personal, despite the aggressive fight for customers.
11 September 2026 · Joy Online →
GOIL's Edward Bawa has praised his counterpart at rival fuel company Star Oil, Philip Kwame Tieku, describing their relationship as strictly businesslike despite the two companies competing aggressively on pump prices for market share. Bawa said there is no personal animosity between the executives, though they have never met physically and maintain contact through social media.
10 September 2026 · Joy Online →
GOIL Chief Executive Edward Bawa says the company will not surrender market share to rival Star Oil as the two fuel retailers engage in aggressive price competition for customers in Ghana's downstream petroleum market. Mr Bawa described the competition as healthy and said both companies are pursuing strategies they believe will win customers.
10 September 2026 · Joy Online →
Residents of Keta in the Volta Region have expressed mixed reactions to a fresh fuel price increase effective September 1, with many concerned about impacts on transport fares and cost of living. According to projections, petrol prices were expected to rise to about GH¢16.21–GH¢16.39 per litre, representing increases of 4.8–5 per cent, while commercial drivers await union directives on fare adjustments.
2 September 2026 · Joy Online →
Star Oil held petrol at GH¢14.97 per litre but raised diesel from GH¢16.47 to GH¢16.97 per litre from Tuesday, September 1, 2026. The Chamber of Oil Marketing Companies attributed the adjustments to crude oil prices rising 1.75% to US$92.11 per barrel and finished petroleum product prices increasing internationally, despite the cedi appreciating 3.64% against the dollar.
1 September 2026 · Joy Online →
Some Oil Marketing Companies have started reviewing fuel prices on August 17, 2026, with Star Oil reducing petrol from GH¢15.49 to GH¢14.97 per litre while keeping diesel unchanged at GH¢16.97. Other major OMCs like GOIL and Total Energies had not yet reviewed prices, though some may do so later in the day.
17 August 2026 · Joy Online →
The Chamber of Petroleum Consumers has welcomed President Mahama's directive for government to absorb GH¢2 on every litre of diesel as a necessary intervention following sharp price rises, but cautioned that relying on short-term measures risks leaving the underlying fuel price problem unresolved.
3 August 2026 · Joy Online →
Star Oil has raised petrol to GH¢15.57 per litre and diesel to GH¢18.97 per litre, following another price review driven by rising international petroleum prices. More Oil Marketing Companies are expected to adjust their pump prices as industry players cite persistent volatility in global crude oil and refined petroleum product prices.
3 August 2026 · Joy Online →
Bulk Oil Distribution Companies have moved to spot pricing for petroleum products, meaning Oil Marketing Companies may adjust pump prices more frequently than the traditional fortnightly cycle, citing sharp increases in international fuel prices and exchange rate fluctuations.
3 August 2026 · Joy Online →
Oil Marketing Companies have begun increasing fuel prices in line with the bi-weekly petroleum price review. Star Oil raised petrol to GH¢14.53 from GH¢14.47 and diesel to GH¢18.77 from GH¢17.67 on August 1, 2026, citing sharp increases in world market prices and cedi depreciation.
2 August 2026 · Joy Online →
The National Petroleum Authority has released the price floor for August 1–15, 2026, with petrol increasing to GH¢14.53 per litre (up from GH¢13.28) and diesel rising to GH¢16.97 per litre (from GH¢14.35). LPG will sell at GH¢11.06, and the NPA has instructed petroleum marketers not to sell below these approved floors.
30 July 2026 · Joy Online →
Star Oil and GOIL have increased petrol prices to GH¢13.67 and GH¢13.88 per litre respectively, with diesel also rising significantly. The increases align with industry projections and price floors set by the National Petroleum Authority.
16 July 2026 · Joy Online →
Some Oil Marketing Companies have begun raising petroleum product prices at the pumps, with Star Oil selling petrol at GH¢13.67 and diesel at GH¢16.27, and more OMCs expected to adjust prices in response to market developments driven by geopolitical tensions.
16 July 2026 · Joy Online →
Oil Marketing Companies have begun reducing fuel prices following industry projections and NPA price floor announcements. GOIL has cut petrol from GH¢13.87 to GH¢12.79 per litre and diesel from GH¢15.95 to GH¢15.35 per litre, with other major players expected to follow.
1 July 2026 · Joy Online →
The CEO of Star Oil has advised motorists to postpone buying fuel unless absolutely necessary, warning that Monday's floods in Accra could allow water to seep into underground fuel storage tanks at filling stations and contaminate petroleum products.
29 June 2026 · Joy Online →
Petrol, diesel, and LPG prices are projected to drop significantly during the second pricing window of June, with petrol expected to fall by up to 9.31% to around GH¢14.72 per litre. The decline is attributed to falling global oil prices, though cedi depreciation has limited the extent of the cuts.
15 June 2026 · Joy Online →
The Ghanaian Times reports that tonight's World Cup Soccer Fiesta episode will discuss the 1986 FIFA World Cup and Diego Maradona's performances, hosted by Moses Foh-Amoaning with reports from the USA and coverage of Black Stars preparations.
3 June 2026 · The Ghanaian Times →
Some Oil Marketing Companies have begun increasing petroleum product prices from June 1, 2026, in line with the bi-weekly price review under the deregulation policy. Star Oil raised petrol to GH¢15.20 per litre, matching the National Petroleum Authority's price floor, while the Chamber of Oil Marketing Companies projects petrol could rise 4.20–6.20%.
1 June 2026 · Joy Online →
Dr. Daniel McKorley, CEO of McDan Group of Companies, made his commentary debut at the Hitz FM Rep Your Jersey 2026 Champions League final viewing party at Aviation Social Centre, where he also provided free drinks for attendees.
31 May 2026 · Joy Online →
GOIL, once Ghana's market-leading fuel company, faced declining market share, product shortages due to supplier debt, annual financing costs of approximately GH¢130 million, deteriorating stations, and low staff morale. The company lacked an Audit Charter and Procurement Manual, creating governance gaps that risked inefficiency, weak controls, and corruption.
13 May 2026 · Joy Online →
GOIL, once the market leader in fuel retail, faced declining competitiveness due to supplier indebtedness, high financing costs of approximately GH¢130 million annually, deteriorating station conditions, and weak governance including absent audit and procurement frameworks. The company has undertaken leadership, discipline, and operational renewal efforts to restore institutional credibility and operational capacity.
13 May 2026 · Business & Financial Times →