Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank

• Thursday, 19th December 2019
• by Editorial Team

Saudi Aramco has completed acquiring 17% stakes of South Korea’s Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion, according to Pipeline Oil and Gas News. The acquisition wa...

Aramco to Buy a $1.2 B Stake in Hyundai Oilbank

• Monday, 15th April 2019
• by Editorial Team

Saudi Aramco has agreed to purchase a . 2 billion stake in South Korean oil refiner Hyundai Oilbank, Reuters reported. Hyundai Heavy Industries Holdings signed a deal with Aramco for some of Oilbank’s shares. The deal...

Saudi Aramco to Invest $1.6 B on South-Korean Refiner

• Monday, 28th January 2019
• by Editorial Team

Saudi Aramco plans to invest up to $1.6 billion to acquire around 20% stake in South Korean refiner Hyundai Oilbank, Reuters reported. The deal is supposed to help Aramco increase its sales of crude oil to the refiner...