Unioil Petroleum Philippines, Inc. announced on Friday the completion of its strategic partnership with Aramco, one of the world’s leading integrated energy and chemicals companies. With the transaction’s close, Aramco now officially holds a 25 percent equity stake in Unioil.
The partnership is seen as a milestone not only for Unioil but also for the Philippine energy industry, signaling a move toward greater innovation, sustainability, and global integration.
Unioil, a 59-year-old company and one of the top fuel distributors in the country, operates a nationwide retail network and storage facilities. It is known for pioneering cleaner and more advanced fuel products in the local market.
Through Aramco’s global refining, supply, and logistics network, Unioil will have access to a more reliable fuel source to help meet the nation’s growing energy needs. The collaboration is expected to strengthen Unioil’s role in supporting the country’s energy security and economic development while accelerating its growth and operational capacity.
“We are thrilled to officially welcome Aramco as our strategic partner,” said Janice Co Roxas-Chua, Unioil chief executive officer. “This marks a new chapter in Unioil’s journey—one defined by innovation, excellence, and a deepened commitment to serving our customers and communities across the Philippines.”
Unioil president Kenneth C. Pundanera added, “The strategic investment by Aramco is fully aligned with our ambition to be the fuel retailer of choice. This partnership empowers us to elevate our service standards, expand our reach, and deliver top-tier fuel solutions to Filipino motorists.”
Unioil described Aramco’s investment as a strong vote of confidence in the company’s resilience and in the Philippines as a promising market for global energy players.
