Aramco Acquires Stake in Unioil to Expand Philippine Market Presence

Aramco Acquires Stake in Unioil to Expand Philippine Market Presence

Saudi Arabia’s Aramco has signed an agreement to acquire a 25% stake in Unioil Petroleum Philippines, marking its entry into the growing downstream fuels market in the Philippines. The acquisition, subject to regulatory approvals, is part of Aramco’s global strategy...