UAE’s Masdar Expands Renewable Energy Partnership with Indonesia

UAE’s Masdar Expands Renewable Energy Partnership with Indonesia

Mar 2, 2025

The Indonesian Coordinating Minister of Economic Affairs announced that the UAE’s state-owned energy company, Masdar, has agreed to enhance investment cooperation in Indonesia’s renewable energy sector. The agreement was discussed during a February meeting...
Aramco Acquires Stake in Unioil to Expand Philippine Market Presence

Aramco Acquires Stake in Unioil to Expand Philippine Market Presence

Mar 2, 2025

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...
UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy

UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy

Feb 21, 2025

Emirati state-owned energy company Masdar has committed to investing USD 15 billion in the Philippines’ renewable energy sector, following the signing of an Implementation Agreement with the Department of Energy (DOE). The agreement, signed in Abu Dhabi on January 15,...