oil refiners

South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...

Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...

South Korea's Samsung Heavy Industries Co. has sold its four undelivered drillships to a domestic private equity fund for a combined 1.04 trillion w...

With the rise of electric vehicles globally, South Korea’s major oil refiners are jockeying to become leading suppliers of lubricants and cool...

South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled with growing external u...

Seven out of 10 South Korean companies predict they will swing to operating losses if global oil prices soar to $150 a barrel, a survey showed on Su...

South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

South Korea’s won currency skidded to a fresh low in nearly two years as oil prices spiked to a 14-year peak with fears of a prolonged war bet...

The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, have worked for decades to refine their profil...

South Korea logged a trade surplus in February on strong exports after deficits in the previous two months, the recovery remained fragile, given Rus...

South Korea’s central bank expects consumer inflation to hit an 11-year high this year as oil prices jumped above the $100 a barrel level for ...

Global stock markets tumbled and oil prices hit their highest levels since 2014 on Tuesday as Russian President Vladimir Putin ordered troops into b...

South Korean companies are revising their business plans for this year as soaring oil prices slam Asia’s fourth-largest economy. Inflation is ...

South Korea’s four major oil refiners have for decades been at the forefront of the industry push to upgrade facilities, a combined multi-bill...

Hyundai Oilbank Co., part of South Korea's Hyundai Heavy Industries Holdings Co., on Monday submitted an application for an initial public offering,...

South Korean refiner Hyundai Oilbank Co. has attracted $20 million in investment from US data analytics firm Palantir Technologies Inc. ahead of its...

South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...

South Korean refiner Hyundai Oilbank Co. plans to begin the process for a stock market listing in the first half of 2022 as early as this month with...

Hyundai Oilbank Co. and S-Oil Corp. are discussing changing their names to join other South Korean oil refiners, which recently underwent corporate ...

SK Innovation Co., S-Oil Corp. and Hyundai Oilbank were among the preliminary bidders for South Korea’s top biodiesel material maker DK O&...

South Korea's STIC Alternative Co. has raised $25 million to invest in a special purpose company of the Carlyle Group, which owns 50% of an oil expo...

South Korean refiners ramped up runs of their crude distillation units (CDUs) to a level before the outbreak of the COVID-19, probably exceeding 80%...

SK Group has become South Korea's first company to extract oil from plastic waste and use the eco-friendly oil as a feedstock of oil refining and pe...

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...

South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...

Hyundai Oilbank Co. will enter the hydrogen fuel cell components market by building separator production plants within this year with commercializat...

A consortium led by South Korea’s energy-to-construction conglomerate GS Group has acquired the country’s top botox maker Hugel Inc. fro...