Korea Joongang Daily
Korea JoongAng Daily

S-Oil logs net loss of $150.5M in Q3 on low margins, weak won

S-Oil swung to a net loss of 206.2 billion won ($150.5 million) in the three months to September from a net profit of 545.4 billion won in the same period last year, the company said in a regulatory filing.

2024-11-04

Playoff birdie hands Ma Da-som third Tour win at S-Oil Championship in Jeju

Ma Da-som won the KLPGA’s S-Oil Championship at Elysian Jeju Country Club in Jeju on Sunday after beating Kim Su-ji in the second playoff, bagging her third victory on the Tour and prize money of 162 million won ($117,000).

2024-11-03

Park Ji-young eyes historic third win at KLPGA S-Oil Championship

Park Ji-young will return to the KLPGA S-Oil Championship at Elysian Jeju Country Club in Jeju on Thursday, aiming to become the first golfer to win the tournament three times.

2024-10-30

Industry Ministry asks local oil refiners to avoid price hikes

The Industry Ministry on Tuesday asked local oil refiners to avoid excessive price hikes amid heightened energy price volatility and escalating uncertainties in the Middle East.

2024-10-29

S-Oil CEO wins top prizes from gov't think tank for 5th year

S-Oil CEO Anwar A. Al-Hejazi won top prizes in the brand strategy and oil industry categories, awarded to outstanding leaders by the government think tank Institute for Industrial Policy Studies, the refinery said Thursday.

2024-10-24

HMM signs $137 million oil shipping contract with S-Oil

HMM inked a five-year crude oil shipping contract with S-Oil worth some 180 billion won ($136 million).

2024-10-01

Sunken tanker in Busan brings risk of abandoned vessels to surface

A long-abandoned oil tanker docked in Busan Port sank into the sea on Sept. 22, unable to withstand the typhoon that hit the region the day before, bringing more than 400 millimeters (15.47 inches) of heavy rain.

2024-09-29

Korea to mandate use of Sustainable Aviation Fuel for all international departures from 2027

Korea will require the use of a mix of Sustainable Aviation Fuel on all international flights departing from the country from 2027 in an effort to align with the global push for carbon neutrality.

2024-08-30

Former S-Oil chairman Kim Sun-dong dies at 81

Former S-Oil chairman Kim Sun-dong, a renowned figure in the oil industry, has passed away at 81.

2024-08-12

S-Oil unveils second TV commercial celebrating creativity

Korea's oil refiner S-Oil unveiled the second season of its TV commercial titled "GooDoil Can Do it" featuring its familiar yellow-colored mascot GooDoil.

2024-08-04