S-Oil Corporation (Korean: 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 (Korean: 한이석유). It produces petroleum, petrochemical, and lubricant products. The company was listed as a Fortune Global 500 company in 2009 (Rank 441).
Company type | Public |
---|---|
KRX: 010950 | |
Industry | Oil and gas |
Founded | 6 January 1976 |
Founder | SsangYong Group National Iranian Oil Company |
Headquarters | , |
Key people | Anwar A. Al-Hejazi (CEO) |
Revenue | US$34.4 billion (2023) |
Parent | Saudi Aramco (63.45%) |
Website | s-oil |
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
editAs of 9 May 2023[update], the Representative Director and CEO is Anwar A. Al-Hejazi.[2]
Ownership
editSaudi 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
editReferences
edit- ^ a b Al-Naimi, Ali (2016). Out of the Desert. Great Britain: Portfolio Penguin. pp. 168–170. ISBN 9780241279250.
- ^ "Former Aramco Asia chief becomes S-Oil CEO", The Korea Times, Seoul, 9 May 2023. Retrieved on 9 May 2023.
- ^ "AOC | S-Oil Affiliation". aramcooverseas.com. Retrieved 2016-12-30.
External links
edit- Official website
- Business data for S-Oil: