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Global Market Insights

Saudi Aramco Launches First Branded Fuel Station in Philippines on July 16

July 12, 2026
08:11 AM
3 min read

Key Points

Aramco opens first branded station July 16 in Parañaque after 17-year absence.

Company invested ₱4 billion in 25% Unioil stake and downstream expansion.

Plans to scale partner's network from 165 retail stations across Philippines.

Returns to market signaling confidence in long-term energy demand growth.

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Saudi Aramco is making its return to the Philippines downstream market with the opening of its first branded fuel station on July 16 along Sucat Road in Parañaque. The world’s largest oil producer exited the Philippine sector in 2008 when it sold its 40% stake in Petron Corporation. This comeback follows Aramco’s 25% equity acquisition in Unioil Petroleum Philippines and a ₱4 billion commitment to expand the local partner’s retail network from 165 stations.

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When and where the first station opens

Aramco’s first branded service station will open July 16 at an existing Unioil location on Sucat Road in Parañaque. The station is undergoing brand conversion from Unioil to Aramco branding. Kenneth C. Pundanera, president of Unioil, confirmed the legitimacy of the Aramco Stations Philippines social media channel that announced the launch.

Why Aramco is investing ₱4 billion in the Philippines

Aramco committed approximately ₱4 billion to fund downstream expansion in the Philippines, including scaling Unioil’s network and boosting fuel storage infrastructure. The company acquired a 25% equity stake in Unioil after securing regulatory clearance from the Philippine Competition Commission. Analysts noted that Aramco’s return signals renewed institutional confidence in the economic trajectory and energy demand of the Philippines.

What fuel products Aramco will offer

Select local stations will feature Aramco’s specialized ProForce-brand fuel products, which the company claims increase engine performance and responsiveness. Stations will also carry Valvoline-branded lubricants. Aramco has published three teasers on the Aramco Stations Philippines Facebook page since June 30, 2026, though official details remain limited.

Aramco’s history in the Philippines market

Aramco owned 40% of Petron Corporation when it was privatized in 1994 but divested those shares in 2008, exiting the downstream sector for 17 years. The company returned in 2025 when it purchased its 25% stake in Unioil. The Philippines remains under a state of national energy emergency with fuel subsidies still provided to public utility vehicle operators.

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Final Thoughts

Aramco’s July 16 station opening marks a strategic pivot toward captive downstream markets in high-growth economies. With ₱4 billion committed and 165 stations targeted for expansion, the move signals confidence in Philippine energy demand despite ongoing fuel subsidies.

FAQs

When does Aramco open its first Philippines fuel station?

July 16, 2026, along Sucat Road in Parañaque at a converted Unioil location.

How much has Aramco invested in the Philippines expansion?

Approximately ₱4 billion to fund downstream expansion, including scaling Unioil’s 165 retail stations and boosting fuel storage infrastructure.

Why did Aramco leave the Philippines in 2008?

Aramco divested its 40% stake in Petron Corporation in 2008, exiting the downstream sector for 17 years before returning in 2025.

What fuel brand will Aramco stations sell?

ProForce-brand fuel, which Aramco claims increases engine performance and responsiveness, plus Valvoline-branded lubricants.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

About Author

Author

Danny Kontos

Co Founder

Danny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.

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