Indigenous oil marketing firm, Star Oil has consolidated its position as industry leader in the sale of petroleum products in the country for the first five months of 2025.
This was captured in the National Petroleum Authority (NPA), Oil Marketing Companies Performance Statistics from January to May 2025 seen by JOYBUSINESS.
Star Oil has now overtaken state owned company, GOIL which over the years held the title as a leader, selling the highest volume of petroleum products in the country.
Over the years, Star Oil had in some cases emerged as the leading oil marketing firm in a few months. But the company now appears to be consolidating its position in the industry.
Details of Market Performance
The Oil Marketing Companies Performance Statistics from January to May, showed that Star Oil sold a total of 336.3 million volumes of petroleum products.
Data on Star Oil’s half year performance seen by JOYBUSINESS showed that it sold 403 million litres of petroleum products.
Petrol – 193.9 million litres
Diesel - 139.3 million litres
LPG- 3.1 litres
Oil marketing firm GOIL sold a total 271.3 million litres from January to May this year
Petrol -- 156 million litres
Diesel--111 million litres
LPG-- 3.6 million litres
Another major oil marketing firm, Vivo Energy (Shell) sold 206 million litres of petroleum products.
Petrol -- 110 million litres
Diesel-- 96 million liters
TotalEnergies sold a total of 149 million litres from January to May 2025.
Petrol -- 71 million litres
Diesel -- 75 million litres
LPG – 2.3 Million litres
Another indigenous oil marketing firm, Zen Petroleum in first five months of the year sold 82 million litres.
Petrol- – 46 Million litres
Diesel-- 42 Million litres
Rankings
- Star Oil
- GOIL
- Vivo Energy (Shell )
- TotalEnergies
- Zen Petroleum
The Oil Marketing Companies Performance Statistics from January to May showed that 2.4 billion liters of petroleum products was sold by more than 200 oil marketing firms in the country.
The data also showed some interesting shifts and movement. Moari Oil Company also come up strongly with 85 million litres of petroleum products.
Benab Oil also sold 77 million litres
Frimps Oil sold 56 million litres from January to May 2025.
Financial Performance of Star Oil
According to published financials for the first six months of the year, Star Oil paid GHC 1.1 billion to the government as taxes.
Source: Joy Business