S-Oil

S-Oil

S-Oil

South Korean company

S-Oil Corporation (hangul:에쓰-오일) is a petroleum and refinery company, headquartered in Seoul, South Korea. It was established in 1976 under its original name Iran-Korea petroleum company (hangul:한이석유). It produces petroleum, petrochemical, and lubricant products. The company was listed as a Fortune Global 500 company in 2009 (Rank 441).

Quick Facts Company type, Traded as ...

S-Oil's Onsan Refinery in Ulsan, South Korea has a capacity of some 650,000 barrels per day (103,000 m3/d) in 2016.[1]

Corporate governance

As of 9 May 2023, the Representative Director and CEO is Anwar A. Al-Hejazi.[2]

Ownership

Saudi Aramco bought a 35% interest in August 1991, and increased it to 65% in 2014.[1] The common stock shares are traded on the Korea Exchange.[3]

See also

References

  1. [1]
    Al-Naimi, Ali (2016). Out of the Desert. Great Britain: Portfolio Penguin. pp. 168–170. ISBN 9780241279250.
  2. [2]
    "Former Aramco Asia chief becomes S-Oil CEO", The Korea Times, Seoul, 9 May 2023. Retrieved on 9 May 2023.
  3. [3]
    "AOC | S-Oil Affiliation". aramcooverseas.com. Retrieved 2016-12-30.
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