Hanjin Energy Sells S-Oil Stake to Saudi Aramco’s Unit

SEOUL, Jan. 20 (Korea Bizwire) – Hanjin Energy Co. has sold all of its stake in South Korean refiner S-Oil Corp to Saudi Aramco’s overseas unit, the refiner said Tuesday, in a deal aimed at easing financial troubles at the energy firm’s parent company.The stake sale came six months after Hanjin Energy, an affiliate owned [...]