Wednesday 27 August 2014
 
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Hyundai Oilbank

S Korean refiner lifts Iranian crude cargo

South Korean refiner Hyundai Oilbank has loaded a cargo of crude in Iran for delivery later this month, a company source said on Friday, while a cargo for refiner SK Energy arrived this week as Seoul resumes imports following a two-month gap.

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Hyundai Oilbank to delay $2 bn IPO: sources

South Korean oil refiner Hyundai Oilbank has delayed plans for an initial public offer worth up to $2 billion amid investor concerns over its links to Iran, sources said, the second major Asian IPO to be snagged by Western sanctions aimed at Tehra

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IPIC to choose bidders for Hyundai stake

Abu Dhabi's International Petroleum Investment Co (IPIC), top shareholder of South Korea's Hyundai Oilbank Corp, will pick preferred bidders for a 35 percent stake in the refiner, sources close to the deal said. IPIC had picked Merrill Lyn

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