Unioil and Aramco Seal Strategic Partnership, Ushering in a New Era for the Philippine Energy Sector
Seated (right to left) Nader Al Douhan - Director - International Retail, Aramco, Janice Eunicia Co Roxas-Chua - Chief Executive Officer, Unioil Petroleum Philippines Inc.
Standing (right to left), Geminesse Co - Managing Director, Unioil Energy Pte. Ltd;. Jamie Tan - Chief Financial Officer, Unioil Petroleum Philippines Inc.; Yasser M Mufti - Executive Vice President - Products & Customers, Aramco;
Ziyad Al Juraifani - Vice President - Retail, Aramco; Amr T Daiel - Director - Downstream Transaction Development, Aramco)
November 7, 2025 – Pasig, Philippines
Unioil Petroleum Philippines, Inc. (“Unioil”) is proud to announce the successful closing of its strategic partnership with Aramco, one of the world’s leading integrated energy and chemicals companies. With the completion of this transaction, Aramco now officially holds a 25% equity stake in Unioil, marking the beginning of a transformative collaboration that not only strengthens Unioil’s position in the market but also ushers in a new era for the Philippine energy sector—one defined by innovation, sustainability, and global integration.
Unioil, with its 59-year legacy, is one of the top fuel distributors and retailers in the Philippines. The company operates a nationwide retail network and storage facilities, and it is widely recognized as a pioneer in introducing cleaner and more advanced fuel products to Filipino consumers.
With Aramco’s world-class refining, supply, and logistics network, Unioil gains access to a reliable source of fuel supply to meet the Philippines’ growing demand. This partnership enhances Unioil’s ability to support the country’s energy security and economic development, and it is also expected to accelerate Unioil’s growth trajectory, expand its operational capabilities, and reinforce its commitment to delivering high-quality fuel solutions nationwide. More importantly, this strategic investment stands as a strong vote of confidence in Unioil as a resilient, forward-thinking company with a proven track record of innovation and integrity, and in the Philippines as a dynamic and promising market.
"We are thrilled to officially welcome Aramco as our strategic partner. 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. 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."
– Janice Co Roxas-Chua, Chief Executive Officer, Unioil
"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. It also affirms the strength of our business and the potential of the Philippine market to attract world-class partners. We look forward to growing together and building a future of shared success."
– Kenneth C. Pundanera, President, Unioil
The Unioil family welcomes Aramco to the next chapter of its journey of growth and transformation in the Philippines.
