oil refiner

SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...

​​​​​​​The price of manufactured food has been surging in recent months, beginning with ready-made rice, instant noodles, and snacks. This week...

Hyundai Oilbank Co. extended a deal with US independent fuel distributor Sunoco LP to export petroleum products to Hawaii as the South Korean refine...

GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...

POSCO Group, the world’s sixth-largest steelmaker, broke ground on Friday for a high-purity nickel refining plant in South Korea to meet risin...

South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...

Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...

Rising borrowing costs coupled with the weakening local currency are forcing an increasing number of South Korean companies to withdraw or halt thei...

Shares of Husteel, the only public company within the golf course giant Shinan Group, have doubled in price in the last three months. Industry ...

A South Korean private equity consortium has acquired Daehan Shipbuilding Co., a small-size oil tanker manufacturer, for around 200 billion won ($15...

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indust...

Refiners in South Korea are expected to report weak earnings in the third quarter after record profits in the previous three months as margins decli...

Back in the 1970s and 80s, general trading companies were the vanguards of South Korea’s exports. Daewoo International Corp., LG Internat...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Thursday posted record sales and operating profit for a second consecutive quarter o...

South Korea’s top four oil refiners exported a combined $27.96 billion worth of petroleum products during the first half of 2022. This marked ...

Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, withdrew its plan for an initial public offering as local stock markets tumbled,...

South Korea's oil refining margin, a key indicator of refiners' profitability, dropped below $20 over the past month amid global recession fears. Ho...

HanmiGlobal Co., a South Korean construction project management (PM) company, said on Monday it has won a 44 billion won ($34 million) deal, part of...

South Korea's Hyundai Oilbank Co. on Wednesday won preliminary approval for an initial public offering on the Korea Exchange, which may provide its ...

Samsung Heavy Industries Co., a leading South Korean shipbuilder, has swept global orders for LNG carriers, more profitable than oil tankers and con...

Two listed oil refining companies in South Korea saw a combined 1.6 trillion won ($1.2 billion) wiped off their market cap on Wednesday, after the m...

South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...

ULSAN, South Korea -- S-Oil Corp., Saudi Aramco’s refining unit in South Korea, has shut some of its production facilities in a move that will...

Hyundai Oilbank Co., a South Korean petroleum and refinery company, is slated to tap into the white biotechnology market. The company has selected w...

Hong Kong-based Baring Private Equity Asia is planning to raise a total of 674 billion won ($532 million) in loans for South Korea's Acuon Capital a...

South Korea’s top three general trading companies, LX International Corp., POSCO International Corp. and Samsung C&T Corp. achieved record...

SK Innovation Co., South Korea’s top refiner, enjoyed the record quarterly earnings on strong crude prices and margins, joining the list of do...

S-Oil Corp., Saudi Aramco’s refining unit in South Korea, enjoyed record earnings in the first quarter on healthy crude prices and refining ma...