Established in 1966, Unioil is a downstream fuels operator with a network of 165 retail stations and four storage terminals in the Philippines, the statement said. The deal follows Aramco's ...

Saudi Aramco to acquire 25% stake in Unioil Petroleum Philippines Saudi Arabia's Aramco has signed an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, the company said in a ...

In 1994, Unioil partnered with Japanese oil firm Idemitsu to be the exclusive and licensed distributor of the latter’s products in the Philippines. “With this (latest) joint venture agreement ...

MANILA, Philippines — Saudi oil giant Aramco plans to revive its presence in the Philippine market by acquiring a 25-percent stake in Unioil Petroleum. Aramco is known as one of the leading ...

MANILA, Philippines — Less than a week after the group welcomed Saudi oil giant Aramco, Unioil of Co family expects another boost—this time for its lubricant business. In a statement on ...

MANILA, Philippines — Saudi oil giant Aramco is returning to the Philippine market after nearly two decades, this time via a buyout of a 25-percent stake in the Co family-led Unioil Petroleum ...

Unioil, a Filipino company founded in 1966 by the Co family, has been a significant player in the Philippine lubricants market for decades. It began its journey as a re-refiner of base oil and ...

Aramco Asia Singapore Managing Director Fai Aldossary, sitting right, signs the agreement with Unioil CEO Janice Co Roxas-Chua, sitting left. Standing, from left, are Aramco Trading Vice President ...

The world’s biggest oil firm on Thursday signed definitive agreements to buy a 25% equity stake in one of the largest petroleum companies in the Philippines, Unioil Petroleum Philippines.

Saudi Aramco, the national oil company of Saudi Arabia, has signed a definitive agreement to acquire a 25% stake in Unioil Petroleum Philippines, one of the largest oil companies in the Philippines.