Seaoil
| Company type | Private |
|---|---|
| Industry | Petroleum |
| Founded | 1978 |
| Founder | Francis Yu |
| Headquarters | Philippines |
Area served | Philippines |
| Products | Automotive gasoline, industrial lubricants, fuel storage and transportation services |
Seaoil Philippines, Inc. is a fuel company with Filipino and Australian roots, established in 1978. The company provides a range of petroleum products, including automotive gasoline and specialized industrial lubricants, alongside services such as fuel storage and transportation.
History
Seaoil was established by Francis Yu in 1978, originally focusing on the operation of storage facilities for petroleum and petrochemical goods before venturing into the fuel distribution sector. In 1988, it collaborated with Paramins to produce lubricants. Prior to the deregulation of the oil industry in 1996, Seaoil opened its inaugural retail fuel station in 1997. By December 2022, the network had expanded to more than 700 stations nationwide.
In December 2017, Seaoil forged a strategic alliance with Caltex Australia (currently known as Ampol), which involved Caltex acquiring a 20% ownership share and supplying fuel through Ampol Singapore’s trading and shipping operations. This equity transaction was completed in March 2018.
Products
Seaoil’s fuel offerings adhere to the Biofuels Act of 2006, mandating the inclusion of biofuel components such as 1% coco-methyl ester (CME) in diesel since 2007 (later increased to 2% in 2009) and a 10% ethanol blend in gasoline and related fuels starting from 2009.
Fuel
- Extreme 97
- Extreme 95
- Extreme U
- Exceed Diesel (containing 1% CME)
- E85 (offered at Pasig Boulevard Station)