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 8 hours ago - Updated 8 hours ago - 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 - 8 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

S-Oil's 2Q lube profit rises

Singapore, 30 July (Argus) — South Korean refiner S-Oil saw operating profit margins from its base oils and lubricants unit rise in the second quarter of the year, supported by rising supplies and firmer base oil margins.The company's lube division posted ... [Published Argus Media - 10 hours ago]
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]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Gwangju firefighters’ families will receive S-Oil donation

S-Oil, the nation’s third-largest refiner, will donate 150 million won ($145,724) to the families of firefighters who died in a helicopter accident in Gwangju on Thursday.The five firefighters aboard the helicopter were on their way back to headquarters ... [Published Korea Joongang Daily - Jul 18 2014]
First reported Jul 07 2014 - Updated Jul 07 2014 - 2 reports

Saudi Aramco raises S-Oil stake to 63.4pc

Aramco Overseas Co, a subsidiary of Saudi Aramco, raised its stake in South Korea’s third largest refiner S-Oil from 34.99 per cent to 63.4 per cent, buying Hanjin Group’s share for Won 1.98 trillion ($1.95 billion), the company said.“This transaction ... [Published Oil and Gas News Worldwide - Jul 07 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 2 reports

Korea Republic of,Saudi Arabia : ARAMCO plans to take over S-Oil stocks from HANJIN GROUP

Aramco Overseas Company announced that it will acquire more than the 32 million shares of S-Oil from Hanjin Group in a move that points the firm s promise to South Korea. Aramco is the biggest shareholder of S-Oil.... ... [Published Wall Street Business Network - Jul 04 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 2 reports

Aramco to acquire S-Oil stocks from Hanjin Group

Khalid A. Al-Falih, Saudi Aramco CEO Aramco Overseas Company, the largest shareholder of S-Oil, said Thursday it would take over the 32 million shares of S-Oil from Hanjin Group in a move that highlights the firm’s commitment to South Korea.“This transaction ... [Published Korea Herald - Jul 03 2014]
First reported Jul 02 2014 - Updated Jul 03 2014 - 12 reports

Saudi Aramco to buy 28.4 percent stake in S. Korea's S-Oil

(MENAFN) Aramco Overseas Co (AOC), a unit of state-run oil giant Saudi Aramco, plans to buy 28.4 percent stake in South Korea refiner S-Oil Corp from Hanjin Group, ... [Published MENAFN - Jul 03 2014]
First reported Jul 02 2014 - Updated Jul 02 2014 - 2 reports

Korean Air Unit to Sell Refiner Stake

World News: 10:12 GMT Wednesday 2nd July 2014 . [ Wall Street Journal US Business News Feed via SPi World News ]This story Hanjin Energy Co. has approved a plan to sell a stake in S-Oil Corp., a South Korean refiner, to Saudi Arabian Oil Co. for $2 billion ... [Published SPi World News - Jul 02 2014]

Quotes

...demand for petrochemical products in China and Southeast Asia," an SK Innovation official said, citing the firm's two biggest overseas markets. "This is a problem every player in the industry experiences."
"Refining margins [are] likely to moderately improve on China's economic"
An S-Oil official said, "We are currently working on the design of a hydrocracking facility and an olefin downstream complex. After getting approval from the board of directors by the year's end, we aim to complete the facilities by 2017 at the cost of 8 trillion won." Propylene is a higher value-added petrochemcial product widely used in synthetic resin processes...
...When CEO Khalid A Al-Falih visited Beijing in April, he said Saudi Aramco "remains strongly committed to China's energy security and its associated oil-related investments."

More Content

All (70) | News (58) | Reports (0) | Blogs (10) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
2Q Earnings Round-up [Published Lube Report - 8 hours ago]
S-Oil's 2Q lube profit rises [Published Argus Media - 10 hours ago]
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]
S Korea to offer refiners incentives to diversi... [Published Platts - Jul 11 2014]
Saudi Aramco raises S-Oil stake to 63.4pc [Published Oil and Gas News Worldwide - Jul 07 2014]
S-OIL wins 1st Prize at the Corporate Governanc... [Published Noodls - Jul 07 2014]
Saudi Aramco promises “commitment to S-OIL growth" [Published Noodls - Jul 07 2014]
Unrefined Oil Politics [Published Individual.com - Jul 07 2014]
Hanjin secures $1.5B by selling dry bulk business [Published Cargo Business News - Jul 07 2014]
Aramco Overseas Company plans to acquire S-Oil ... [Published Oil Review Middle East - Jul 06 2014]
Korea Republic of,Saudi Arabia : ARAMCO plans t... [Published Wall Street Business Network - Jul 04 2014]
Korea Republic of,Saudi Arabia : ARAMCO plans t... [Published HispanicBusiness.com - Jul 04 2014]
Top 10 S. Korean companies operating in China [Published CHINAdaily - Jul 04 2014]
Aramco to acquire S-Oil stocks from Hanjin Group [Published Korea Herald - Jul 03 2014]
Cho steering Hanjin Shipping out of liquidity c... [Published Korea Times - Jul 03 2014]
AOC agrees to acquire Hanjin Group's stake in S... [Published Bunker Ports News Worldwide - Jul 03 2014]
Saudi Aramco to buy 28.4 percent stake in S. Ko... [Published MENAFN - Jul 03 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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