S-Oil Corp (010950.KS)
24 May 2019
SEOUL S-Oil Corp, South Korea's third-biggest oil refiner by capacity, said it expects refining margins to recover in the second quarter, supported by tighter supply of refined products as many peers take plants off line for regular maintenance work.
WASHINGTON South Korean oil refiners S-Oil Corp and Hyundai Oilbank Co have agreed to settle criminal and civil charges of rigging bids to supply fuel to the U.S. military, the Justice Department said on Wednesday.
WASHINGTON, March 20 South Korean oil refiners S-Oil Corp and Hyundai Oilbank Co have agreed to settle criminal and civil charges of rigging bids to supply fuel to the U.S. military, the Justice Department said on Wednesday.
SEOUL S-Oil Corp, South Korea's third-biggest refiner, said on Tuesday that it has signed a contract to sell a total of 2.61 trillion won ($2.32 billion) worth of refined oil products to Saudi Aramco's trading arm.
SEOUL State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil.
* Aramco boosts Asia downstream investments ahead of IPO -analyst
* Plans to shut down No.3 CDU, CFU in March for 30 days for maintenance
SEOUL, Jan 28 S-Oil Corp, South Korea's third-biggest refiner by capacity, said on Monday that refining margins are expected to improve in 2019, supported by growing diesel demand.