Experts Voice Concern as Foreign Presence Expands in S. Korean Oil Market

SEOUL, Jan. 29 (Korea Bizwire) — The role of foreign players in the South Korean oil market is bound to increase as Hyundai Heavy Industries Co. has decided to sell some of its Hyundai Oilbank Co. shares to Saudi Aramco, the state-owned oil company of Saudi Arabia. No immediate changes are to be expected from [...]