Following its decisive and strategic comeback, Saudi Aramco, the world’s largest integrated energy and chemicals powerhouse, is set to roll out its premium fuel formulations into the Philippine market, signalling its renewed commitment to meeting the country’s growing demand for...
The Philippine Competition Commission (PCC) has cleared the proposed acquisition by Aramco Asia Singapore Pte. Ltd. of a 25 percent interest each in Unioil Petroleum Philippines, Inc. and Unioil Energy Pte. Ltd. a move that is poised to enhance competition in the country’s petroleum market.
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The Securities and Exchange Commission has approved the merger of Uniholdings Inc. (formerly Chemical Industries of the Philippines Inc.) with six companies and its capital increase to pave the way of the backdoor listing of the Unioil group’s real estate firms. At the company’s Annual...
Co-led Unioil Group announced that Madrid-based petrochemical company Repsol S.A. has acquired a stake in Unioil’s Philippine lubricants manufacturing unit. In a statement on Thursday, Feb. 27, Unioil reported that Repsol Downstream Internacional, S.A.U., a Repsol subsidiary, has acquired a 40...
Saudi Arabia's Aramco, a global energy leader, is investing in Unioil Petroleum Philippines, Inc., bolstering the 58-year-old company's growth and solidifying its position as a leading fuel retailer. In a statement, Unioil confirmed that Aramco, which divested its stake in Petron Corp. nearly two...
After divesting its stake in Petron Corporation in 2008, trillion-dollar energy giant Saudi Aramco is reportedly plotting a re-entry into the Philippine energy sector. According to a highly placed source, this will be through a prospective merger and acquisition (M&A) deal with one of the...
Fuel distributor and retail company Unioil Petroleum Philippines, Inc. has expanded its terminal operations from Luzon to Cebu, aiming to provide accessible and cleaner oil in the Visayas region. In a statement, Unioil announced the opening of its new fuel terminal in Brgy. San Isidro, San...
Price surges at the gas pumps will again squeeze consumers’ pockets this week as gasoline products will rise by P1.90 per liter, while diesel prices will increase by P1.50 per liter, as announced by the oil companies. Oil industry players similarly sent notices on a heftier P2.50 per liter hike...
Independent player Unioil Petroleum Philippines Inc. is extending major rewards to patrons and partners on the celebration of its 55th anniversary to win more loyal customers. The prizes awaiting Unioil’s devoted customers will include a brand new Suzuki Jimny; Honda ADV 150 and Yamaha YZF-15...
As an incentive to Filipino consumers who already availed of their Covid-19 vaccines, independent player Unioil Petroleum Philippines Inc. is extending price discounts ranging from P2.00 to P3.00 per liter on its fuel products for vaccinated motorists. Unioil's price discounts, which started June...
For responsible and environmentally conscious drivers, there is finally a better option when gassing up. Unioil Petroleum Philippines Inc. offers a complete line of Euro-5 standard fuels--from gasoline variants to diesels--all of which significantly decrease emissions up to 77 percent. This makes...
For every liter of fuel products that will be retailed at its pumps, independent oil firm Unioil Petroleum Philippines Inc. indicated that it will be donating P1.00 of its proceeds to the victims of the recent typhoons Rolly and Ulysses. Via its ‘Liter of Hope’ initiative, the oil company noted...
