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S-Oil Corporation
Company type Public
KRX: 010950
Industry Oil and gas
Founded6 January 1976; 48 years ago (1976-01-06)
Headquarters,
Key people
Anwar A. Al-Hejazi ( CEO)
RevenueIncrease US$34.4 billion (2023)
Parent Saudi Aramco (63.45%)
Website s-oil.com

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).

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

External links

  • Official website
  • Business data for S-Oil: