Aramco Plans to Enter Philippines Retail Market With Agreement to Acquire 25% Stake in Unioil
Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the largest petroleum companies in the Philippines.
HMEL, Emerson to Co-Develop Innovative Solutions for Energy Value Chain Optimization
HPCL-Mittal Energy Limited (HMEL), a leading India petrochemical and refining company, and Emerson, an industrial technology leader delivering advanced automation solutions, are joining forces to optimize enterprise operations across HMEL’s refining, petrochemicals and sustainable fuels complex. The collaboration will leverage Emerson’s industrial automation portfolio, including artificial intelligence and machine learning technologies, to enhance HMEL’s production outputs while ensuring reliability, safety and sustainability goals are met.
