Kofi Ahovi

  Fuel prices have begun edging downward as Oil Marketing Companies (OMCs) roll out new pump rates at the start of the second pricing window of April, effective Thursday, April 16, 2026, offering modest relief to consumers. The changes follow revised minimum pricing benchmarks set by the National Petroleum Authority, as well as recent government interventions aimed at cushioning fuel costs. Star Oil has adjusted its prices in line with the new benchmarks. Petrol has been reduced by 3 pesewas per litre, from GH¢13.30 to GH¢13.27, while diesel recorded a sharper drop of GH¢1.00 per litre, falling from GH¢17.10 to GH¢16.10. Its RON 95 product has also been revised downward to GH¢14.67 per litre from GH¢14.99. The new prices took effect from 8:00 a.m. State-owned GOIL has also aligned its pump prices with the updated pricing window. Petrol is now selling at GH¢13.27 per litre, down from GH¢13.30, while diesel has declined to GH¢16.10 per litre from GH¢17.10. However, its Super XP 95 pr...

 Chief Executive of Star Oil Ghana, Philip Tieku, has revealed that the company is considering the option of listing on the Ghana Stock Exchange (GSE) as part of its long-term expansion strategy. Tieku noted that while the proposal is under consideration, the final decision rests with the current shareholders of the company. The Chief Executive of Star Oil disclosed this on  PM EXPRESS BUSINESS EDITION  with host George Wiafe on November 6, 2025. It should be seen as part of our plans to raise capital as part of our expansion into new areas and consolidate our position in the industry,” Tieku said. He added that if shareholders approve the plan, it will be executed in a way that protects the company’s indigenous identity. Looking at the current growth path of the company, it is something that we have to decide on soon in terms of going public,” he explained. Tieku further revealed that listing on the GSE is one of several options being explored to raise capital in support...