S-Oil Corp

Type: Company
Name: S-Oil Corp
Nationality: South Korea
Web Address: http://www.s-oil.com/
Fact Sheet: Fact Sheet for S-Oil Corp
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

Not all boats rising in S. Korea’s shipping business

Hanjin Group announced a recovery plan on December 19 of last year, stating that its affiliates would sell their shares in S-Oil for a sum of 3.5 trillion won (US$3.4 billion). Four days later, Hyundai Group announced its own recovery plan, quoting a ... [Published Hellenic Shipping News Worldwide - Sep 15 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

S. Korea: Oil refiners seek imports from outside Mideast

In the oil industry, all eyes will be on the tanker BW Zambesi this morning when the ship arrives at Yeosu Port in South Jeolla for Korea’s second-largest refiner GS Caltex.The vessel is carrying about 400,000 barrels of condensate from Texas, a volume ... [Published Bunker Ports News Worldwide - Sep 15 2014]
First reported Sep 11 2014 - Updated Sep 11 2014 - 1 reports

Oil refiners seek imports from outside Mideast

In the oil industry, all eyes will be on the tanker BW Zambesi this morning when the ship arrives at Yeosu Port in South Jeolla for Korea’s second-largest refiner GS Caltex.The vessel is carrying about 400,000 barrels of condensate from Texas, a volume ... [Published Korea Joongang Daily - Sep 11 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

S-Oil donates nearly $200,000 to children of fallen firefighters

S-Oil, Korea’s third-largest refiner, said yesterday it donated 200 million won ($197,300) to 78 students who are the children of firefighters who died on the job or retired with disabilities.The company said that it held a ceremony for “Children of Fallen ... [Published Korea Joongang Daily - Aug 29 2014]
Entities: S-Oil Corp, Donations, Seoul
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Asian paraxylene ACP buyers make counterbids at $1,200-1,250/mt CFR for Sep

Asian paraxylene buyers placed their counterbids for September at$1,200-1,250/mt CFR, more than $100/mt lower than nominations for the Asiancontract price, a source close to the negotiations said Thursday.There are four PX ACP sellers in Asia: ExxonMobil, ... [Published Platts - Aug 28 2014]
First reported Aug 24 2014 - Updated Aug 25 2014 - 2 reports

Hyundai OilBank Posts Postive Operating Profit during 1H

The first-half financial results of Korea's top-four oil refiners were proportional to the degree of diversification in their crude oil sources. Hyundai OilBank, the only refiner with a positive operating profit for the first six months of the year, could ... [Published The Korea Economic Daily - Aug 25 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

S-Oil donates learning aids to disabled youth

S-Oil, a leading refinery in Korea, said Thursday it held an event to donate customized learning aids to 90 disabled students from low-income families worth 100 million won ($97,000).The Saudi Aramco-invested oil refinery launched the campaign to help ... [Published Korea Herald - Aug 21 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Oil refiners hit a slippery slope in second quarter

Korean refiners suffered a painful second quarter due to a reduced refining margin and a strong Korean won as they pushed to reduce marketing costs to survive.Among the top four Korean refiners, Hyundai Oilbank was the only company that made an operating ... [Published Korea Joongang Daily - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

S OIL : SK take a big hit

South Korean refiners S-Oil and SK Innovation , both of which reported their second-quarter results this week, saw their refining business suffer operating losses due to poor refining margins and an appreciation in the South Korean won against the US ... [Published 4 Traders - Aug 18 2014]
First reported Aug 17 2014 - Updated Aug 17 2014 - 1 reports

Hiring high school graduates falls by 1,500 in 2 years

Conglomerates are scaling back hiring high school graduates first to ease burden on new hiring this year.Recruiting those with high school diplomas was proposed as a way for eradicating recruiting based on academic background and promoting meritocracy ... [Published Maekyung - Aug 17 2014]
First reported Jul 02 2014 - Updated Jul 03 2014 - 1 reports

Aramco unit ups stake in S-Oil in $1.95b deal

RIYADH – Aramco Overseas Co (AOC), a unit of Saudi Aramco, said on Wednesday it had agreed in principle to buy Hanjin Group’s 28.4 percent stake in South Korean refiner S-Oil Corp for about $1.95 billion.The purchase will increase AOC’s ... [Published Saudi Gazette - Economy - Jul 02 2014]
First reported Jun 19 2014 - Updated Jun 20 2014 - 1 reports

Tax Relief – Country: KoreaSecurity: S-OIL Com CUSIP: 78462W106Record Date: 06/27/2014 Payable Date: TBAEDS Cut-Off: 07/16/2014 8:00 P.M.

Tax Relief – Country: KoreaSecurity:S-OIL ComCUSIP: 78462W106Record Date: 06/27/2014 Payable Date: TBAEDS Cut-Off: 07/16/2014 8:00 P.M. ... [Published DTCC - Jun 19 2014]
Entities: S-Oil Corp, Taxes

Quotes

...7 billion in Q2 2013.The refiner attributed the losses to weak refining margins, unfavourable foreign exchange movements and plant turnarounds. "Weaker middle distillate segment pulled down the average refining margin" SK said, without giving details...
"Demand for the transportation sector fell 5.4% in the first half from a year earlier and demand of household and business dipped 5.9% year on year in the first half" a SK Gas official said
"The cracking margin could rebound at around September, considering the refining margin fell close to the break-even point as well as regular maintenance and a decline in U S net diesel exports" Park Jae-chul, KB Investment & Securities Co., said. (Yonhap)

More Content

All (32) | News (20) | Reports (0) | Blogs (10) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Not all boats rising in S. Korea’s shipping bus... [Published Hellenic Shipping News Worldwide - Sep 15 2014]
S. Korea: Oil refiners seek imports from outsid... [Published Bunker Ports News Worldwide - Sep 15 2014]
Oil refiners seek imports from outside Mideast [Published Korea Joongang Daily - Sep 11 2014]
[Special series - part IV] Chemical industry su... [Published Hani.co.kr - Sep 08 2014]
[Special series - part III] Not all boats risin... [Published Hani.co.kr - Sep 07 2014]
S-Oil donates nearly $200,000 to children of fa... [Published Korea Joongang Daily - Aug 29 2014]
Asian paraxylene ACP buyers make counterbids at... [Published Platts - Aug 28 2014]
Hyundai OilBank Posts Postive Operating Profit ... [Published The Korea Economic Daily - Aug 25 2014]
Hyundai Oilbank posts H1 profit, others fall [Published Korea Herald - Aug 24 2014]
S-Oil donates learning aids to disabled youth [Published Korea Herald - Aug 21 2014]
Oil refiners hit a slippery slope in second qua... [Published Korea Joongang Daily - Aug 18 2014]
S OIL : SK take a big hit [Published 4 Traders - Aug 18 2014]
Hiring high school graduates falls by 1,500 in ... [Published Maekyung - Aug 17 2014]
S Korea H1 LPG sales fall 3% on year to 3.59 mi... [Published Platts - Aug 15 2014]
S. Korean refiners' performance worsens on left... [Published Korea Times - Aug 11 2014]
Arctic Ice Melt Seen Freeing Way for South Kore... [Published MaritimeSecurity.Asia - Jul 22 2014]
Aramco unit ups stake in S-Oil in $1.95b deal [Published Saudi Gazette - Economy - Jul 02 2014]
Korean Air Unit to Sell Refiner Stake [Published WSJ.com: What's News US - Jul 02 2014]
Tax Relief – Country: KoreaSecurity: S-OIL Com ... [Published DTCC - Jun 19 2014]
Markets remain “volatile and challenging&... [Published Chemicals & The Economy - May 28 2014]
Environment Pollution - Asia - South Korea [Published RSOE EDIS - Emergency and Disaster Information - Apr 04 2014]
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published EON Environment - Mar 12 2014]
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published EON Manufacturing - Mar 12 2014]
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published EON Energy - Mar 12 2014]
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published Business Wire Environment News - Mar 12 2014]
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published Business Wire Manufacturing News - Mar 12 2014]
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published Business Wire Energy News - Mar 12 2014]
S-Oil to spend US$7.5bn on plant upgrades [Published TCE Today - Mar 03 2014]
South Korea’s S-Oil buys land for oil ref... [Published The Malaysian Insider - Feb 18 2014]
South Korea’s S-Oil buys land for oil ref... [Published The Malaysian Insider :: Business - Feb 18 2014]
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Blogs

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Arctic Ice Melt Seen Freeing Way for South Kore... [Published MaritimeSecurity.Asia - Jul 22 2014]
Stena Poseidon, image: Stena By Ann Koh and Heesu Lee, July 23 (Bloomberg) — Melting Arctic ice is widening a path for ships to deliver European oil to Asia, stoking South Korea’s ambition to become a regional storage and trading hub. The country, ...
Markets remain “volatile and challenging&... [Published Chemicals & The Economy - May 28 2014]
Nothing has really changed over the past year.  That seems to be the key conclusion from the blog’s quarterly summary of company results for Q1. A year ago , BASF noted that “achieving our earnings target is significantly more challenging today ...
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: ...
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published EON Environment - Mar 12 2014]
ZUG, Switzerland--(EON: Enhanced Online News)--Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) ...
Foster Wheeler Awarded FEED Contracts by S-OIL ... [Published EON Manufacturing - Mar 12 2014]
ZUG, Switzerland--(EON: Enhanced Online News)--Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) ...
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