SK Energy Co Ltd

Type: Company
Name: SK Energy Co Ltd
Nationality: South Korea
Web Address: http://eng.skenergy.com/
Fact Sheet: Fact Sheet for Sk Energy Co Ltd
First reported 23 hours ago - Updated 23 hours ago - 1 reports

SK INNOVATION REPORTS 2nd QUARTER 2014 EARNINGS

billion, down by KRW 358.9 billion from the same period a year earlier.* Operating profit in the second-quarter decreased by KRW 445.3 billion year-on-year, and recorded operating loss of KRW 50.3 billion.*Please note that the earnings results for fiscal ... [Published Noodls - 23 hours ago]
First reported Jul 25 2014 - Updated Jul 25 2014 - 2 reports

SK Innovation Q2 net turns to red on weak cracking margin

SK Innovation Co., the owner of South Korea's top refiner, SK Energy Co., said Friday its net income swung to the red from a year earlier due to a weak refining margin and foreign exchange losses.Net loss reached 23 billion won (US$22.33 million) in the ... [Published Korea Times - Jul 25 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

S. Korea refiners to trim output in August on weak margins - sources

SINGAPORE/SEOUL, July 21 (Reuters) - Refineries in South Korea are gearing up to trim output in August on persistently weak margins and as some units are shut for maintenance, sources with direct knowledge of the matter said on Monday. South Korean refiners ... [Published Sharenet - Jul 21 2014]
First reported Jul 20 2014 - Updated Jul 20 2014 - 1 reports

Q2 earnings woes pull down target prices for refineries, autos

SEOUL, July 20 (Yonhap) -- Jitters over second-quarter earnings hurt by the strengthened local currency led analysts to downgrade the target prices of local refineries and autoamkers, data showed Sunday.According to private financial information provider ... [Published Yonhap News Agency - Jul 20 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Maersk Oil divests Brazilian oil assets

The fully owned subsidiary of A.P. Møller - Maersk, Maersk Olie og Gas (Maersk Oil) is revising its strategy and will no longer pursue growth or operatorship for its business in Brazil. Because of this, Maersk Oil has divested its ownership share in the ... [Published Stainless Steel - Jul 18 2014]
First reported Jul 16 2014 - Updated Jul 16 2014 - 1 reports

Beachgoers at Rockaway are troubled by ads in the sky

Stephen Lovekin/ Queens-raised rapper and entrepreneur Curtis “50 Cent” Jackson created SK Energy (Street King) drinks as part of a philanthropical effort to feed undernourished children around the world. But SK Energy’s edgy advertising, which included ... [Published New York Daily News - Jul 16 2014]
First reported Jul 13 2014 - Updated Jul 13 2014 - 1 reports

Most popular articles of the week, July 7 – 13, 2014

Petrobras facing $15B loss in case of SBM Offshore contracts terminationPetrobras, Brazil’s state-controlled oil company, has said that it may have a reduction of $15 billion in net income between 2014 and 2018 in case of termination of current contracts ... [Published Offshore Energy Today - Jul 13 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

South Korea's SK Energy shuts secondary unit at Ulsan due to fire

Wednesday, 09 July 2014 10:57Posted by SEOUL: South Korea's top refiner SK Energy has shut a residue hydrodesulfurization unit (RHDS) following a small fire at its Ulsan site, a spokeswoman from SK Innovation said on Wednesday.SK Innovation is the parent ... [Published Business Recorder - Jul 09 2014]
First reported Jul 08 2014 - Updated Jul 08 2014 - 4 reports

Maersk takes major hit on Brazilian assets

COPENHAGEN, Denmark, July 8 (UPI) -- Maersk Oil said Tuesday it was giving up on plans in Brazil after taking a $1.7 billion impairment on its assets there.The company in July 2011 bought stakes in three Brazilian reserve areas from SK Energy for $2.4 ... [Published UPI - Jul 08 2014]
First reported Jul 08 2014 - Updated Jul 08 2014 - 1 reports

Maersk Oil reduces activities offshore Brazil

Offshore staffCOPENHAGEN, Denmark – Maersk Oil has completed its acquisition of stakes in three blocks offshore Brazil from SK Energy for $2.4 billion.However, following disappointing appraisal results on the Itaipu and Wahoo fields, the company has revised ... [Published Offshore oil and gas - Jul 08 2014]
First reported Jul 08 2014 - Updated Jul 08 2014 - 2 reports

A.P. Moller-Maersk To Take $1.7 Bln Impairment On Brazilian Assets - Update

Danish container shipping firm A.P. Moller-Maersk A/S (AMKBF.PK,AMKAF.PK) Tuesday said it will make $1.7 billion impairment to the book value of Maersk Oil's Brazilian assets.Mærsk Olie og Gas A/S or Maersk Oil, a unit of A.P. Møller - Mærsk, completed ... [Published RTTNews.com - Jul 08 2014]
First reported Jun 27 2014 - Updated Jun 27 2014 - 1 reports

South Korea SK Energy sells Aug-June naphtha from new splitter

Friday, 27 June 2014 17:44Posted by SINGAPORE: South Korea's top refiner SK Energy has wrapped up talks to sell naphtha for August 2014 to June 2015 loading, with the volumes coming from a new condensate splitter, traders said on Friday.But weak demand ... [Published Business Recorder - Jun 27 2014]

Quotes

"SK Innovation showed a weak performance in the second-quarter mainly due to unfavorable foreign exchangeexchange rate and a decline in refinery margin. However, SK Innovation will overcome current condition in the latter half of the year by taking proactive counter measures on risks based on its primary competitiveness" said Sung-keun Cha, Head of Finance Office at SK Innovation
...local currency led to losses on the valuation of inventories," Cha Sung-keun, head of SK Innovation's finance office, said in a conference call. "Profitability of the chemical business also worsened as aromatics products suffered."
...The output cuts reinforce an unusually weak oil consumption outlook in Asia this summer. "I haven't seen this kind of run cut in our refinery before" one source said. South Korea has the fourth-largest refining capacity in Asia Pacific at 2...
"I have two young children at home, and I do everything I can to protect them from vulgar and inappropriate material" said Assemblyman Phil Goldfeder, who is asking city officials to monitor tasteless ads

More Content

All (48) | News (40) | Reports (0) | Blogs (6) | Audio/Video (0) | Fact Sheets (1) | Press Releases (1)
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S. Korean carmakers have succeeded in their gam... [Published thestar.com.my - 15 hours ago]
SK INNOVATION REPORTS 2nd QUARTER 2014 EARNINGS [Published Noodls - 23 hours ago]
SK Innovation Q2 net turns to red on weak crack... [Published Korea Times - Jul 25 2014]
SK Innovation Q2 net turns to red on weak crack... [Published Yonhap News Agency - Jul 25 2014]
S. Korea refiners to trim output in August on w... [Published Sharenet - Jul 21 2014]
Vitol to supply SRFO to Hyundai Oilbank for six... [Published Reuters - Jul 21 2014]
Oil and gas resources will benefit all Ugandans [Published Uganda Daily Monitor - Jul 20 2014]
Q2 earnings woes pull down target prices for re... [Published Yonhap News Agency - Jul 20 2014]
Maersk Oil divests Brazilian oil assets [Published Stainless Steel - Jul 18 2014]
Firmer toluene narrows benzene-toluene spread t... [Published Platts - Jul 17 2014]
Beachgoers at Rockaway are troubled by ads in t... [Published New York Daily News - Jul 16 2014]
Most popular articles of the week, July 7 – 13,... [Published Offshore Energy Today - Jul 13 2014]
Maersk sells 40pc stake in Brazil oilfield [Published Yahoo! Malaysia - Jul 09 2014]
South Korea's SK Energy shuts secondary unit at... [Published Business Recorder - Jul 09 2014]
UPDATE 3-Maersk plans $1.7 bln Brazil writedown... [Published CNBC - Jul 08 2014]
Maersk Oil reduces activities offshore Brazil [Published Offshore oil and gas - Jul 08 2014]
Maersk takes major hit on Brazilian assets [Published UPI - Jul 08 2014]
A.P. Moller-Maersk To Take $1.7 Bln Impairment ... [Published RTTNews.com - Jul 08 2014]
AFP - Denmark-oil-shipping-Maersk [Published Namibia Press Agency - Jul 08 2014]
Maersk to take US$1.7bil writedown on Brazil oi... [Published thestar.com.my - Jul 08 2014]
UPDATE 1-Maersk to take $1.7 bln writedown on B... [Published CNBC - Jul 08 2014]
A.P. Moller-Maersk Reports Impairment Of Brazil... [Published RTTNews.com - Jul 08 2014]
Impairment of Brazilian oil assets [Published GlobeNewswire: Acquisitions News - Jul 08 2014]
Hanwha Life, Lotte Mart provides best quality s... [Published Maekyung - Jul 07 2014]
Naphtha at 5-week high in Asia, prompt supply t... [Published Plastemart.com - Jul 05 2014]
Russian consortium may win $3 bln tender for Ug... [Published PRIME-TASS - Jul 03 2014]
Asian oil refiners risk long spell of reduced o... [Published Sharenet - Jul 01 2014]
GS Caltex challenged by Hyundai Oilbank [Published Korea Times - Jun 29 2014]
South Korea SK Energy sells Aug-June naphtha fr... [Published Business Recorder - Jun 27 2014]
2014 Report on the International Methyl Ethyl K... [Published Good Day Sacramento - Jun 27 2014]
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Blogs

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Eye on Iran: Centrifuges Emerge as Key Sticking... [Published Solsticewitch13's BOS - May 15 2014]
br />!--[if gte mso 9]><![endif]--> Join UANI             Top Stories Reuters: "The biggest hurdle Iran and world powers must overcome to clinch alasting deal on Tehran's nuclear program by a July deadline is agreeingon the future ...
Environment Pollution - Asia - South Korea [Published RSOE EDIS - Emergency and Disaster Information - Apr 04 2014]
EDIS Number: ED-20140404-43254-KOR Date / time: 04/04/2014 11:55:52 [UTC] Event: Environment Pollution Area: Asia Country: South Korea State/County: Province of Yeongnam Location: Ulsan City [Onsan area] Number of Deads: N/A Number of Injured: ...
Eye on Iran: Iran's Khamenei Says Nuclear Talks... [Published Solsticewitch13's BOS - Feb 18 2014]
br />!--[if gte mso 9]><![endif]--> For continuing coverage follow us on Twitter  and joinour Facebook group.    Top Stories AFP: "Iran's top decision-maker Ayatollah Ali Khamenei said on Mondaythat while he is not against a resumption ...
SK Energy Extra Strength Voted #1 In Energy [Published PR Newswire: Consumer Products & Retail - Feb 12 2014]
NEW YORK, Feb. 12, 2014 /PRNewswire/ -- Product of the Year USA, the largest consumer-voted program that recognizes innovation in consumer packaged goods, announced today that SK Energy Shots earned the title of "#1 in Energy" for 2014 for the second ...
South Korea Cleans Up After VLCC Strikes Oil Pi... [Published MaritimeSecurity.Asia - Feb 03 2014]
Crude oil from a cracked pipeline run by GS Caltex Corp is seen in the sea off Yeosu, about 460 km (286 miles) south of Seoul, January 31, 2014. REUTERS/Yeosu Maritime Police/Yonhap By Meeyoung Cho and Keith Wallis SEOUL/SINGAPORE, Feb 3 (Reuters) ...
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Press Releases

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Impairment of Brazilian oil assets [Published GlobeNewswire: Acquisitions News - Jul 08 2014]
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