S-Oil

S-Oil Corporation
Company type	Public
Traded as	KRX: 010950
Industry	Oil and gas
Founded	6 January 1976; 48 years ago
Founder	SsangYong Group; National Iranian Oil Company
Headquarters	Seoul, South Korea
Key people	Anwar A. Al-Hejazi (CEO)
Revenue	US$34.4 billion (2023)
Parent	Saudi Aramco (63.45%)
Website	s-oil.com

S-Oil Corporation (Korean: 에쓰-오일) is a petroleum and refinery company, headquartered in Seoul, South Korea. It was established in 1976 under its original name Iran-Korea petroleum company (Korean: 한이석유). It produces petroleum, petrochemical, and lubricant products. The company was listed as a Fortune Global 500 company in 2009 (Rank 441).

S-Oil's Onsan Refinery in Ulsan, South Korea has a capacity of some 650,000 barrels per day (103,000 m³/d) in 2016.^[1]

Corporate governance

As of 9 May 2023^[update], the Representative Director and CEO is Anwar A. Al-Hejazi.^[2]

Saudi Aramco bought a 35% interest in August 1991, and increased it to 65% in 2014.^[1] The common stock shares are traded on the Korea Exchange.^[3]

^ ^a ^b Al-Naimi, Ali (2016). Out of the Desert. Great Britain: Portfolio Penguin. pp. 168–170. ISBN 9780241279250.
^ "Former Aramco Asia chief becomes S-Oil CEO", The Korea Times, Seoul, 9 May 2023. Retrieved on 9 May 2023.
^ "AOC | S-Oil Affiliation". aramcooverseas.com. Retrieved 2016-12-30.

This article about a natural gas or petroleum-related company is a stub. You can help Wikipedia by expanding it.

This article about a South Korean company is a stub. You can help Wikipedia by expanding it.