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 4 hours ago - Updated 4 hours ago - 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 - 4 hours ago]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Roundup: S.Korean shares pare gains ahead of Jackson Hole meeting

South Korean shares pared initial gains, managing to end slightly higher Wednesday as financial institutions refrained from raising stock holdings ahead of Federal Reserve Chair Janet Yellen's speech at the Jackson Hole meeting later this week. The benchmark ... [Published Individual.com - Aug 20 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 Aug 11 2014 - Updated Aug 11 2014 - 1 reports

S-Oil Share Price Stays Low despite Industry-wide Expectations

Despite the high expectations of across-the-board increase in oil stocks following the air strikes in Iraq, the S-Oil stock is still unable to find an upward momentum. On August 8, S-Oil shares were closed at 53,500 won, down 0.37 percent from the previous ... [Published The Korea Economic Daily - Aug 11 2014]
First reported Aug 09 2014 - Updated Aug 09 2014 - 1 reports

News of Air Strikes in Iraq Brings down KOSPI

On August 8, the KOSPI market was hit by news of air strikes against Sunni fundamentalist fighters in Iraq. The KOSPI index closed at 2,031.10 on the 8th, down 1.14 percent (23.41 points) from the previous day. Overnight, the U.S. stock markets closed ... [Published The Korea Economic Daily - Aug 09 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

2Q Earnings Round-up

SK Lubricants, S-Oil, and Heritage-Crystal Clean each reported positive numbers in their second quarter earnings compared to the year-earlier period. Chemtura’s petroleum additives segment’s second quarter net sales were up from a year earlier.SK Lub ... [Published Lube Report - Jul 30 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

South Korean refiners suffer from weak refining margins, higher won

South Korean refiners S-Oil and SK Innovation, both of which reportedtheir second-quarter results this week, saw their refining business sufferoperating losses due to poor refining margins and an appreciation in the SouthKorean won against the US dol ... [Published Platts - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

S-Oil to Build 2nd Petrochemical Plant in Ulsan

S-Oil, Korea's major oil refiner, will strengthen its petrochemical business including plastic materials as a way to complement the lagging main oil refining business. The company will invest aggressively in new areas with the funds made available by ... [Published The Korea Economic Daily - Jul 25 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

S-Oil swings to black in Q2

SEOUL, July 24 (Yonhap) -- S-Oil Corp., South Korea's third-largest refiner, said Thursday that it returned to profit in the second quarter from a year ago.Net income came to 67.87 billion won (US$66.2 million) in the April-June period, compared with ... [Published Yonhap News Agency - Jul 24 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

Groundbreaking ceremony held for Ulsan power plant

S-Oil, Cheil Industries and KD Power Technology yesterday had a groundbreaking ceremony in Ulsan to begin construction on a low-pressure steam power plant with a capacity of 16.4-megawatts using waste heat generated from S-Oil’s Ulsan petrochemical f ... [Published Korea Joongang Daily - Jul 23 2014]

Quotes

Top wireless carrier SK Telecom lost 0.2 percent and the nation " s No.1 auto parts maker Hyundai Mobis declined 0.3 percent. The country's biggest search-engine operator Naver declined 2.2 percent and the state-run power supplier Korea Electric Power Corp. slid 2.2 percent."
...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 (43) | News (31) | Reports (0) | Blogs (10) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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S-Oil donates learning aids to disabled youth [Published Korea Herald - 4 hours ago]
Roundup: S.Korean shares pare gains ahead of Ja... [Published Individual.com - Aug 20 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]
S-Oil Share Price Stays Low despite Industry-wi... [Published The Korea Economic Daily - Aug 11 2014]
News of Air Strikes in Iraq Brings down KOSPI [Published The Korea Economic Daily - Aug 09 2014]
Innovative modeling of heavy crudes provides co... [Published Hydrocarbon Processing - Aug 01 2014]
Korea's Manufacturing Prowess under Fire [Published The Korea Economic Daily - Jul 31 2014]
2Q Earnings Round-up [Published Lube Report - Jul 30 2014]
S-Oil's 2Q lube profit rises [Published Argus Media - Jul 30 2014]
SK Group in paradox [Published Korea Times - Jul 25 2014]
South Korean refiners suffer from weak refining... [Published Platts - Jul 25 2014]
S-Oil to Build 2nd Petrochemical Plant in Ulsan [Published The Korea Economic Daily - Jul 25 2014]
Saudi Aramco diversifying to break dependence o... [Published Nikkei Asian Review - Jul 24 2014]
Oil Refiners Competing Hard in High-margin Lubr... [Published The Korea Economic Daily - Jul 24 2014]
S-Oil swings to black in Q2 [Published Yonhap News Agency - Jul 24 2014]
Groundbreaking ceremony held for Ulsan power plant [Published Korea Joongang Daily - Jul 23 2014]
Arctic Ice Melt Seen Freeing Way for South Kore... [Published MaritimeSecurity.Asia - Jul 22 2014]
S. Korea refiners to trim output in August on w... [Published Sharenet - Jul 21 2014]
Gwangju firefighters’ families will receive S-O... [Published Korea Joongang Daily - Jul 18 2014]
Korea marks 10th anniversary of gas, oil produc... [Published Office of the President, Republic of Korea - Jul 18 2014]
S-Oil declares interim cash dividend for 2014 [Published Reuters - Jul 14 2014]
POSCO : selected among 200 global companies for... [Published 4 Traders - Jul 14 2014]
Saudi Aramco Becomes Majority Owner of S-Oil [Published OEM Lube News - Jul 14 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]
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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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