Star Oil, a privately-run fuel retail company, has reaffirmed its dedication to innovation and resilience, assuring stakeholders of its ability to adapt to the ever-changing dynamics of the oil market while maintaining a competitive edge.

To commemorate its milestones, the company organized its 25th Anniversary Thanksgiving and Christmas Service on Friday, December 20, at the Covenant Family Community Church in Cantonments.

The event showcased key accomplishments, such as increasing its retail presence, growing its workforce, improving employee benefits, leveraging advanced technology, and launching its ‘RON 95 fuel’ product.

The company also highlighted its enhanced contributions to community-focused initiatives.

Addressing industry challenges, CEO Philip Tieku acknowledged the evolving global focus on renewable energy.

“Star Oil like all the other players in the industry are confronted with the same micro-economic challenges, inflation, and exchange rate volatilities that every player in the oil industry is faced with. So with proper planning and monitoring of the world market, we are able to make certain predictions, you may not always get it right but you are armed with the right data and you will be able to make a lot of choices.”

“We also know that fuels are in transition and every company is looking at cleaner energy sources, so as a company the most important thing is to remain profitable so that we can begin to invest our profit into cleaner energy for the future.”

He affirmed the company's intention to invest in sustainable energy solutions to stay ahead of emerging trends in the sector.