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Aramco-led investment in Unioil gets Philippine antitrust clearance

( August 26, 2025, 03:24 GMT | Official Statement) -- MLex Summary: Aramco Asia Singapore has secured clearance from the Philippine Competition Commission to acquire a 25 percent stake each in Unioil Petroleum Philippines and its foreign trading affiliate, Unioil Energy. Aramco is a wholly owned subsidiary of Saudi Aramco. The commission said the parties hold limited market shares and continue to face strong competition from other established players.The statement follows:...

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