Star Oil consolidates position as market leader, overtaking GOIL – NPA

Indigenous oil marketing firm Star Oil has consolidated its position as the industry leader in the sale of petroleum products in Ghana for the first five months of 2025.

This was captured in the National Petroleum Authority’s (NPA) Oil Marketing Companies Performance Statistics from January to May 2025, seen by JoyBusiness.

Star Oil has now overtaken state-owned company GOIL, which for years held the title of market leader in petroleum sales across the country.

While Star Oil has occasionally led the market in select months in the past, the latest figures suggest the company is now firmly cementing its dominance in the sector.

Market Performance Breakdown

From January to May 2025, Star Oil sold a total of 336.3 million litres of petroleum products. Data on its half-year performance shows it sold 403 million litres, broken down as follows:

  • Petrol – 193.9 million litres

  • Diesel – 139.3 million litres

  • LPG – 3.1 million litres

In comparison, GOIL sold 271.3 million litres during the same period:

  • Petrol – 156 million litres

  • Diesel – 111 million litres

  • LPG – 3.6 million litres

Other key players’ sales figures from January to May 2025 include:

  • Vivo Energy (Shell): 206 million litres

    • Petrol – 110 million litres

    • Diesel – 96 million litres

  • TotalEnergies: 149 million litres

    • Petrol – 71 million litres

    • Diesel – 75 million litres

    • LPG – 2.3 million litres

  • Zen Petroleum: 82 million litres

    • Petrol – 46 million litres

    • Diesel – 42 million litres

Additional performance data shows rising competition:

  • Moari Oil: 85 million litres

  • Benab Oil: 77 million litres

  • Frimps Oil: 56 million litres

Industry Rankings (Jan–May 2025)

  1. Star Oil

  2. GOIL

  3. Vivo Energy (Shell)

  4. TotalEnergies

  5. Zen Petroleum

In total, over 2.4 billion litres of petroleum products were sold by more than 200 oil marketing firms nationwide within the first five months of the year.

Star Oil’s Financial Performance

According to its published financials for the first half of 2025, Star Oil paid GH¢1.1 billion in taxes to the government.

The company also reported employing 2,546 direct staff and operating 240 fuel stations across the country.

Source: JoyBusiness

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