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S-Oil profits take a turn and get back in the black

Oil refiner S-Oil reported 410.7 billion won ($357 million) in net profit for the year's second quarter — a turnaround from the same period last year when it was in the red.

2021-07-27

Gas stations plan for a future without gas

Gas stations are no longer places just to fill the tank. They are used for trading secondhand products, parking electric bikes and even generating solar power.

2021-07-25

S-Oil forms a 7-member ESG committee

S-Oil said Thursday it has established an ESG committee.

2021-05-12

S-Oil sees profit rise as petrochemical business grows

Oil refiner S-Oil reported 344.7 billion won ($309.8 million) in net profit for the year's first quarter, succeeding in a turnaround from the same period last year when it was in the red.

2021-04-27

For a good cause

Hussain A. Al-Qahtani, S-Oil CEO, left, poses next to Oh Ji-chul, head of Heart-to-Heart Foundation, at the refinery’s headquarters in Mapo, Seoul, on Tuesday.

2021-04-06

S-Oil finishes extending residue desulfurization unit

S-Oil finished extending its residue hydro-desulfurization unit (RHDS) facilities and initiated operation on March 20 as the oil refining company continues to seek ways to run its business in an eco-friendly way.

2021-03-23

S-Oil ramps up its digitization with drones and chatbots

S-Oil will ramp up the digitization of its working environment by utilizing drones, camera-equipped helmets and chatbots to improve efficiency and safety.

2021-03-10

S-Oil buys 20 percent of a hydrogen fuel cell company

S-Oil is getting into hydrogen through an investment in a fuel cell business.

2021-03-07

S-Oil donates 150 million won to help heat houses this winter

S-Oil has donated 150 million won ($134,536) to the Korea National Council on Social Welfare (Kncsw) toward a campaign sponsoring heating oil for 225 households in need of financial support.

2020-11-12

S-Oil makes investment in Glory & Tech

S-Oil will invest in a local start-up and earn certified emission reduction (CER) credits worth 13,000 tons a year, the oil refiner said Monday.

2020-10-19

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