Saudi Aramco Lubricating Oil Refining Company (LUBEREF) is a limited liability company established in 1978 under the rules and regulations of the Kingdom of Saudi Arabia.

Primarily Luberef was established as joint venture between Saudi Arabian Oil Company (Saudi Aramco) with 70% share and ExxonMobil with 30% share.

At end of 2007, Jadwa Industrial Investment Company acquired ExxonMobil's 30% interest in the Saudi Aramco Lubricating Oil Refining Company (Luberef) to become the sole partner to Saudi Aramco in Luberef.