NPA Targets Directors and Shareholders of 45 OMCs Over Unremitted ¢400 Million Debt

The National Petroleum Authority (NPA) has initiated a rigorous enforcement action against the directors and shareholders of 45 Oil Marketing Companies (OMCs) to recover outstanding debts exceeding ¢400 million.

These funds consist of statutory margins and levies, including ¢68 million from the Primary Distribution Margin Fund, which were collected from consumers at fuel pumps but never remitted to the regulator. Despite being required to repay these amounts at the end of every operational month, the defaulting companies failed to meet their obligations, prompting the NPA to issue a final ultimatum for settlement.

To ensure compliance, the authority has threatened to publicly shame the responsible individuals by publishing the names of directors and shareholders in national newspapers. Beyond public exposure, the NPA is prepared to take legal action against these officials and has already begun withdrawing the licenses of several firms, effectively barring them from loading petroleum products.

This crackdown follows a series of ignored deadlines and is being coordinated alongside the Ghana Revenue Authority (GRA), which is simultaneously prosecuting various OMCs for millions of cedis in unpaid state taxes.

The list of indebted entities includes a wide range of operators such as Apex Petroleum Ghana Limited, Champion Oil Company Limited, Santol Energy Limited, and Union Oil Ghana Limited. By late 2025, the impact of these enforcement measures has reshaped the industry, as the NPA now utilizes real-time digital tracking to prevent the accumulation of such massive arrears.

This stricter regulatory environment has led to the permanent closure of several firms on the original list while forcing others to undergo significant corporate restructuring to remain in good standing with the state.

Affected companies in the table below

#	Name of Oil Marketing Company (OMC)	#	Name of Oil Marketing Company (OMC)
1	Apex Petroleum Ghana Limited	24	Orient Energy Limited
2	Avos Oil Company Limited	25	Oval Energy Company Limited
3	Bisvel Petroleum Services	26	P&O Energy Company Limited
4	Black Rock Energy Limited	27	Perfect Petroleum Company Limited
5	Capstone Oil Limited	28	Peta Energy Limited
6	Champion Oil Company Limited	29	Petro Afrique Ghana Limited
7	Deep Petroleum Limited	30	Q8 Oil (GH) Company Limited
8	Deliman & Co Limited	31	Rich Oil Company Limited
9	G&G Oil Limited	32	Rodo Oil Limited
10	Glee Oil Limited	33	Royal Roses Oil Company Limited
11	Golden Petroleum Limited	34	Safety Petroleum Limited
12	Hak Oil	35	Santol Energy Limited
13	Havilah Oil Ghana Limited	36	Sawiz Petroleum Company Limited
14	Hossana Oil Company Limited	37	Sephem Oil Company Limited
15	Humano Energy Limited	38	Sky Petroleum Limited
16	Jas Petroleum Limited	39	Spirits Petroleum Limited
17	Karela Oil and Gas Limited	40	Titan Petroleum Limited
18	Life Petroleum Company Limited	41	Union Oil Ghana Limited
19	Lillygold Energy Resources Limited	42	Unique Oil Company Limited
20	Maiga & HHM Company Limited	43	Universal Oil Company Limited
21	MBA Global Petroleum Limited	44	Warren Oil Company Limited
22	MM Energy Limited	45	Zoe Petroleum Limited
23	Nuru Oil Company Limited