Thursday 2 April 2015

S Oil sells $1bn diesel, naphtha to Aramco's trading arm

South Korean refiner S-Oil Corp has sold 1.2 trillion won ($1.09 billion) of oil products to a trading arm of its top shareholder, Saudi Aramco, as the Middle East oil giant boosts its trading clout in Asia.   Th


Aramco unit buys $1.9bn stake in S Korean oil firm

Aramco Overseas Company (AOC), a unit of state-run oil giant Saudi Aramco, said on Wednesday it had agreed in principle to buy Hanjin Group's entire 28.4 per cent stake in South Korea's S-Oil Corp for about $1.95 billion.


Korea refiner inks 20-year deal with Aramco

S-Oil said on Thursday it signed a 20-year contract to buy crude from Saudi Arabia as South Korea seeks to secure supplies and reduce dependence on Iran. President Lee Myung-bak is touring Gulf producers this week to tap alternative sourc


Morgan Stanley buys 13m barrels of jet fuel

Wall Street bank Morgan Stanley has purchased 13 million barrels of jet fuel via supply deals from North Asian refiners for 2010 and more than doubled its fuel storage capacity in Asia, traders said on Tuesday. Morgan was expected to move

 1 2 3 4 5 >  Last ›

calendarCalendar of Events