Saudi Aramco said last week that it agreed to purchase Hanjin Groups 28 percent stake in S-Oil Corp.

Operating performances of South Korean lubricant businesses have improved lately, helping them regain their luster in stock listings.

The seasons first earnings reports showed positive trends for Asian lubricant players for the initial quarter of 2014. S-Oil and SKs base oil and lubr ...

Automotive mechanics in a region of South Korea have been penalized by authorities for colluding to fix prices on motor oil changes. The countrys Fair ...

Sales of diesel-powered vehicles surpassed gasoline-powered cars in South Korea for the first time in 2013.

South Korea's lubricant market is reacting to more stringent diesel vehicle emission limits that are being phased in this year and next with higher qu ...

Competition appears to be heating up in South Korea's lubricant market with Hyundai Oilbank's entry into the scene. The refiner is still ramping up it ...

South Koreas demand for lubricating oil is projected to increase slightly to 917,137 metric tons in 2014, according to a report by the Korea Lubricati ...

A new player is scheduled this year to join the ranks of South Korean base oil suppliers. An API Group II plant being built by Hyundai Oilbank and She ...

Saudi Aramco has agreed to buy most of Hanjin Energys stake in S-Oil, according to several reports, giving the Saudi oil company a controlling share i ...