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...

S-Oil says signs 20-yr crude supply deal with Saudi Aramco

• Thursday, 9th February 2012
• by Egypt Oil & Gas

South Korean refiner S-Oil said on Thursday that it had signed a long-term contract with Saudi Aramco, Saudi Arabia’s state-owned oil company, to receive crude oil for 20 years. The deal comes as energy-hungry A...