PETROSOL Platinum Energy

What PETROSOL Platinum Energy does

PETROSOL Platinum Energy PLC is a privately-owned Ghanaian Oil Marketing Company (OMC) headquartered in East Legon, Accra, founded in 2006 by Michael Bozumbil originally as a petroleum business management and consulting firm before transitioning into a fully NPA-licensed OMC in 2014. The company supplies petroleum products — gasoline (petrol), gas oil (diesel), LPG, and fuel oils — through a nationwide network of approximately 115 owned and operated retail fuel stations, complemented by direct bulk supply to corporate consumers and a dedicated fuel delivery service. Its customer base spans individual motorists and retail fuel consumers, corporate bulk buyers across industries, and motorcycle owners targeted through Africa-tailored lubricant sub-brands (Platinum Motorcycle 20w50 4T and Platinum Plus 5w30 FE) and FullCare lube bay services.

The company's operating technology is grounded in conventional downstream petroleum infrastructure: fuel storage and terminal management, lubricants blending and packaging for African climate conditions, retail forecourt operations, and bulk fuel delivery logistics. Proprietary features are limited to product formulation (lubricants engineered for African terrain — reduced engine wear, increased soot handling, extended drain intervals). The business holds a triple ISO certification stack — ISO 9001:2015 (Quality), ISO 14001:2015 (Environmental), and ISO 45001:2018 (Occupational Health & Safety) — and is licensed by the National Petroleum Authority, with operations registered with the Ghana Investment Promotion Centre (GIPC) and Environmental Protection Agency (EPA).

PETROSOL's revenue model is transaction-based across four streams: retail fuel sales (gasoline, diesel, LPG), bulk corporate petroleum supply, lubricants sales through forecourts and an online shop, and ancillary services (FullCare lube bays, fuel delivery). Pricing on core petroleum products is regulated by the NPA and not independently disclosed. The company pursues a hybrid B2B/B2C go-to-market combining ~115 retail forecourts for consumer fuel/lubricants with direct field sales to bulk corporate consumers, supported by digital channels (website, station locator, lubricant shop) and aggressive industry positioning through Ghana Oil and Gas Awards, Ghana Energy Awards, COMAC, GNCCI, AGI, and CIMG memberships.

Name

PETROSOL Platinum Energy

Legal name

PETROSOL Platinum Energy PLC

Website

https://petrosol.com.gh

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

PETROSOL Platinum Energy is a privately-owned Ghanaian Oil Marketing Company that operates approximately 115 retail fuel stations nationwide, supplies bulk petroleum to corporate consumers, and offers Africa-tailored lubricants and fuel delivery services.

Ownership category

akta.pro rank

Headquarters

HQ city

Accra

HQ country

Ghana

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Fuel Retail: Sale of gasoline (petrol), gas oil (diesel), and other petroleum products through owned and operated retail fuel stations across Ghana.
2. Bulk Corporate Supply: Direct supply of petroleum products in bulk to corporate consumers, representing a B2B revenue stream alongside retail operations.
3. Lubricants: Sale of branded lubricant products including Platinum Motorcycle 20w50 4T and Platinum Plus 5w30 FE through retail stations and dedicated shop.
4. Fuel Delivery Service: Delivered fuel services to customers, providing added convenience beyond physical station visits.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

PETROSOL Platinum Energy is a Ghanaian Oil Marketing Company that distributes petroleum products (gasoline/petrol, diesel/gas oil, LPG, and fuel oils) through a network of approximately 115 retail fuel stations nationwide. The company sells its own branded lubricant line (Platinum Motorcycle 20w50 4T, Platinum Plus 5w30 FE) tailored for African climate and terrain, operates FullCare lube bay services at stations, and provides bulk fuel delivery to corporate consumers across Ghana.

Product overview

PETROSOL Platinum Energy is a privately-owned Ghanaian Oil Marketing Company (OMC) operating as a single unified brand with multiple product lines and services. The company offers petroleum products including Gasoline (Petrol), Gas Oil (Diesel), Liquefied Petroleum Gas (LPG), and Fuel Oils, complemented by a lubricants product line featuring sub-brands Platinum Motorcycle 20w50 4T and Platinum Plus 5w30 FE. Services include FullCare (lube bay) and Fuel Delivery Service for bulk corporate consumers. The company operates approximately 115 fuel stations nationwide, positioning it as one of the leading OMC brands with nationwide presence in Ghana.

Differentiator

Problem solved

Functional benefit

Products and services

• Gasoline (Petrol) Gasoline fuel product distributed through PETROSOL's network of approximately 115 fuel stations across Ghana for individual motorists and corporate consumers.
• Gas Oil (Diesel) Diesel fuel product distributed through PETROSOL's nationwide fuel station network and supplied in bulk to corporate consumers.
• Liquefied Petroleum Gas (LPG) LPG product offered as part of PETROSOL's petroleum product portfolio for household and commercial use.
• Fuel Oils Fuel oils distributed to bulk corporate consumers of petroleum products.
• Lubricants (Platinum range) Branded range of lubricant products including Platinum Motorcycle 20w50 4T and Platinum Plus 5w30 FE sub-brands, formulated for African climate and terrain with reduced engine wear, increased soot handling, and extended drain intervals.
• FullCare (Lube Bay) Lubrication service offered at PETROSOL fuel stations for vehicle maintenance, providing professional oil-change and lube services to motorists.
• Fuel Delivery Service Bulk fuel delivery service for corporate and commercial consumers of petroleum products, bringing petroleum directly to customer sites across Ghana.

Quantifiable outcome

• Introduced electronic payment systems at fuel forecourts, reducing cash handling by 30% and lowering financial risk
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• National Petroleum Authority (NPA)coreOthersPETROSOL is duly licensed by the NPA, Ghana's industry regulator for downstream petroleum. The NPA oversees licensing, regulation, and compliance for all Oil Marketing Companies operating in Ghana.
• Chamber of Oil Marketing Companies (COMAC)coreOthersActive member of COMAC (formerly Association of Oil Marketing Companies). PETROSOL's CEO served as Vice Chairman of COMAC's Governing Board for two consecutive terms (October 2016 to November 2020) and represented COMAC at the Private Enterprise Federation.
• Ghana Employers Association (GEA)coreOthersActive member of the Ghana Employers Association. PETROSOL's CEO serves as 1st Vice President of GEA.
• Ghana National Chamber of Commerce & Industry (GNCCI)coreOthersActive member of the Ghana National Chamber of Commerce & Industry. PETROSOL's CEO serves as a Council Member.
• Association of Ghana Industries (AGI)coreOthersActive member of the Association of Ghana Industries, Ghana's foremost industrial association.
• Chartered Institute of Marketing, Ghana (CIMG)minorOthersActive member of CIMG, the professional body for marketing practitioners in Ghana.
• Ghana Investment Promotion Centre (GIPC)coreOthersPETROSOL's operations are duly registered with the GIPC, Ghana's investment promotion agency.
• Environmental Protection Agency (EPA) - GhanacoreOthersPETROSOL's operations are duly registered with the Environmental Protection Agency (EPA) of Ghana, ensuring environmental compliance.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Conoil PLC: Conoil is a Nigerian downstream petroleum marketing company operating retail fuel stations, bulk supply, and lubricants. Comparable OMC/lubricants business model at larger Nigerian scale; broader incumbent serving West African markets rather than directly Ghana.
• Oando PLC: Oando is a Nigerian integrated energy company with downstream operations including retail fuel stations and lubricants across West Africa. Comparable business model (OMC + lubricants) at broader regional scale; not a direct Ghanaian competitor but a West African reference peer.
• Puma Energy: Puma Energy is a multinational downstream fuel marketer with operations across Africa including presence in Ghana, offering retail stations, bulk fuel, and lubricants. Larger, capitalised incumbent with overlapping product portfolio though broader regional footprint than PETROSOL.

Direct peers

• TotalEnergies Marketing Ghana: TotalEnergies operates a retail fuel station network in Ghana selling petrol, diesel, lubricants, and LPG under the Total brand. Direct competitor with comparable retail station footprint and product offering to PETROSOL in the same geography.
• Star Oil Ghana: Star Oil is a Ghanaian Oil Marketing Company with retail stations and bulk supply operations. Comparable indigenous OMC competing for retail motorists and corporate fuel accounts in Ghana.
• Vivo Energy Ghana: Vivo Energy holds the Shell licensee for fuel marketing in Ghana and operates a network of retail stations selling petrol, diesel, LPG and lubricants. Direct competitor to PETROSOL across retail fuel, lubricants, and corporate supply in the same Ghanaian market.
• GOIL (Ghana Oil Company): GOIL is Ghana's largest indigenous Oil Marketing Company, operating the largest station network in the country with bulk supply and lubricants. Comparable indigenous OMC competitor with broader scale, directly contesting PETROSOL's market position.
• Zen Petroleum: Zen Petroleum is a Ghanaian Oil Marketing Company operating retail fuel stations and bulk petroleum supply across the country. Direct peer as an indigenous Ghanaian OMC competing for the same retail and corporate customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/petrosolgh
• LinkedInlinkedin.com/company/petrosol-ghana

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PETROSOL Platinum Energy