Aramco takes 25% stake in Unioil; deal boosts PH global energy link

Insider Spotlight

  • Aramco acquires 25% stake in Unioil Philippines
  • Partnership to enhance fuel security and innovation
  • Marks new phase of global integration for PH energy

Unioil Petroleum Philippines Inc. has finalized a strategic partnership with global energy leader Aramco, marking a pivotal step toward deeper international integration in the country’s energy landscape. 

The deal gives Aramco a 25-percent equity stake in Unioil, a move that signals stronger global collaboration in fuel supply, technology, and sustainability.

Why it matters

The partnership positions Unioil at the forefront of the Philippines’ energy transformation. With Aramco’s refining and logistics network, Unioil secures access to a stable and high-quality fuel supply, reinforcing the country’s energy security and meeting growing local demand. 

The collaboration also opens opportunities for technology transfer, supply chain optimization, and shared sustainability initiatives.

(From left): Janice Eunicia Co Roxas-Chua, CEO of Unioil Petroleum Philippines Inc., and Nader Al Douhan, director - international retail, Aramco; [L-R Standing] Amr T Daiel, director - downstream transaction development, Aramco; Ziyad Al Juraifani, VP- retail, Aramco; Yasser M Mufti, EVP- products and customers, Aramco; Jamie Tan, CFO , Unioil; and Geminesse Co, managing director, Unioil Energy Pte. Ltd., during the contract signing ceremony. | Contributed photo 

“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,” Janice Co Roxas-Chua, CEO of Unioil, said in a press release on Nov. 7, 2025. 

“With Aramco’s partnership, we are confident in our ability to scale our operations, drive innovation, and strengthen our leadership in the wholesale and retail fuels market.”

Zoom out

Founded in 1966, Unioil has built a reputation as a pioneer in introducing cleaner and more advanced fuels to Filipino motorists. 

Its partnership with Aramco, one of the world’s leading integrated energy and chemicals companies, underscores growing foreign confidence in the Philippine market as a hub for sustainable energy growth.

“The strategic investment by Aramco is fully aligned with our ambition to be the fuel retailer of choice,” said Kenneth C. Pundanera, Unioil president. “This partnership empowers us to elevate our service standards, expand our reach, and deliver top-tier fuel solutions to Filipino motorists.”  –Vanessa Hidalgo | Ed: Corrie S. Narisma

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