• Aramco to increase logo, retail choices and Valvoline-branded lubricants to make a choice retail stations in the Philippines
• Transaction represents additional go within the strategic enlargement of Aramco’s international retail community in high-value markets

DHAHRAN, Saudi Arabia, Feb. 19, 2025 /PRNewswire/ — Aramco, one of the vital global’s prominent built-in power and chemical substances firms, lately signed definitive assurances to obtain a 25% fairness stake in Unioil Petroleum Philippines, one of the vital biggest petroleum firms in the Philippines.

The deliberate acquisition, which is matter to standard extreme statuses together with regulatory approvals, goals to capitalize on expected enlargement of the high-value fuels marketplace in the Philippines. It represents additional go in Aramco’s strategic downstream enlargement and enlargement of its international retail community, which goals to conserve supplementary retailers for its delicate merchandise.

Yasser Mufti, Aramco Government Vice President of Merchandise & Shoppers, stated: “This investment represents another step forward in our global strategy to expand Aramco’s retail network, and we look forward to introducing Aramco’s high-quality products and services to customers in the Philippines. Our international expansion aims to capture additional value and enhance our participation in vibrant economies, in collaboration with established partners. We are delighted to embark on the next stage of this journey with Unioil, a dynamic player in the fast-growing Philippines fuels market.”

Unioil, a varied downstream fuels operator established in 1966, is likely one of the quickest rising retail, wholesale and depot firms in the Philippines, with a community of 165 retail stations and 4 depot terminals within the nation.

The announcement follows Aramco’s earlier retail acquisitions in Chile and Pakistan. Upon crowning glory, Aramco intends to increase its logo, aggressive retail choices and Valvoline-branded lubricants to make a choice retail stations in the Philippines.

About Aramco
As one of the vital global’s prominent built-in power and chemical substances firms, our international group is devoted to making affect in all that we do, from offering an important oil provides to growing unutilized power applied sciences. We focal point on making our assets extra loyal, extra sustainable and extra helpful, serving to to advertise enlargement and productiveness all over the world. https://www.aramco.com

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