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Star Oil Fuels Its Way to the Top: How a Homegrown Brand Overtook GOIL to Lead Ghana's Fuel Market

Offshore Africa

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November 2025

In just five years, Star Oil Ghana has transformed from a mid-tier player into the country's leading fuel retailer, overtaking state-owned GOIL Plc in market share and national reach.

Star Oil Fuels Its Way to the Top: How a Homegrown Brand Overtook GOIL to Lead Ghana's Fuel Market

From 98 service stations in 2020 to a projected 254 outlets by the end of 2025, the company's growth trajectory has defied expectations sin an industry long dominated by government-backed and multinational competitors.

Behind this remarkable ascent is Philip Tieku, Star Oil's dynamic Chief Executive Officer, who has positioned the company as a model of private-sector efficiency, price discipline, and consumer trust in Ghana's deregulated petroleum market. Under his leadership, Star Oil has built its reputation on three pillars efficiency, affordability, and transparency delivering consistent value to customers even amid global oil price volatility and a turbulent macroeconomic climate.

But beyond its commercial success, Star Oil has emerged as a powerful voice for free-market integrity in Ghana's petroleum downstream sector.

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