Aramco Acquires 25% Stake in Unioil, Fueling Expansion in the Philippines

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February 24, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Saudi Arabian Oil Company (Aramco) (Dhahran, Saudi Arabia) has acquired a 25% equity stake in Unioil Petroleum Philippines (Pasig City, Philippines), strengthening its global downstream presence and accelerating Unioil's growth in the country's fuel sector.

As part of its expansion, Unioil recently inaugurated two fuel storage terminals: a 100-million-liter facility in San Francisco, Cebu, and a 170-million-liter facility at the Sinisian Lemery Batangas Port and Industrial Park. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Terminals Project and Plant databases can click here for a related project report and click here for the plant profiles.

These strategically located terminals serve as key supply hubs for Luzon and Visayas, enhancing fuel security and creating new business opportunities in the growing petroleum industry.

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