Saudi Aramco and Unioil Petroleum Philippines plan to open three additional Aramco-branded fuel stations as part of a broader expansion of the Saudi oil giant’s retail footprint in the Philippines.
The announcement follows the launch of Aramco’s first branded station in the country, located on Dr. A. Santos Avenue in Parañaque City.
The new site marks Aramco’s return to the Philippine downstream oil sector after an 18-year absence, as the company seeks to capture growth in the country’s high-value fuels market.
Aramco re-entered the market through a 295-million Saudi riyal investment, securing a 25% stake in both Unioil Petroleum Philippines and Unioil Energy Pte. Ltd., equivalent to roughly 4.8 billion pesos at current exchange rates.
The Parañaque station offers ProForce premium fuel, alongside Valvoline lubricants and car care services. Opening prices were set at 81.60 pesos per liter for diesel and 80.50 pesos per liter for gasoline.
Three further Aramco-branded stations are planned for Quezon Avenue, the northern section of EDSA, and the North Luzon Expressway.
Company officials described the partnership as a combination of Aramco’s global scale and Unioil’s local market knowledge, built on the existing trust the former Unioil site held within its community.
Aramco previously held a 40% stake in the Philippines’ largest oil company before divesting following the firm’s privatization.
