refiners Archives | Be Korea-savvy
Rising Oil Prices, Margins Raise Hopes of Recovery in Refiners’ Earnings

Rising Oil Prices, Margins Raise Hopes of Recovery in Refiners’ Earnings

SEOUL, March 9 (Korea Bizwire) — A recent jump in international oil prices and recovering refining margins are raising expectations for a rebound in South Korean oil refiners’ earnings down the road, industry sources said Tuesday. Industry leader SK Innovation Co. and three other players registered their worst performances ever last year, stung by slumping [...]

Korean Refiners Review Feasibility of Launching Hydrogen Charging Services

Korean Refiners Review Feasibility of Launching Hydrogen Charging Services

SEOUL, Sept. 15 (Korea Bizwire) — South Korean major oil refiners, which have had difficulty getting out of a loss-making business structure, are stepping into the hydrogen business, which was once regarded as a rival to their core operations. The country’s four major refiners — SK Innovation Co., GS Caltex Corp., Hyundai Oilbank Co. and [...]