Korea, Republic Of

Profits Up for S-Oil, Hyundai Shell

Profits Up for S-Oil, Hyundai Shell

July 30, 2021

South Korean refiner S-Oil’s base oil business and Hyundai Shell Base Oil both reported large increases in profits and ...

Mixed June for South Korean Base Oils

Mixed June for South Korean Base Oils

July 30, 2021

Although South Korea exported a smaller volume of base oils in June, compared to the same month last year, the declared ...

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SK Extends Use of Recycled Containers

July 23, 2021

SK Lubricants said Wednesday that it has begun making containers from recycled plastics for its top-selling automotive l ...

South Korea Base Oil Exports Rise Again

South Korea Base Oil Exports Rise Again

July 2, 2021

South Korea exported a larger volume of base oil in May than in the same month last year, marking the fourth consecutive ...

South Korea Base Oil Exports Jump

South Korea Base Oil Exports Jump

May 28, 2021

South Korea’s base oil export volume was much higher in April than in the same month last year, making the third conse ...

Profits Jump for Korean Base Oil Refiners

Profits Jump for Korean Base Oil Refiners

May 14, 2021

South Korean base oil refiners SK Lubricants, GS Caltex and Hyundai Shell Base Oil, along with Thai Oil’s lube base oi ...

Profits Climb at S-Oil, Castrol India

Profits Climb at S-Oil, Castrol India

April 30, 2021

Castrol India and South Korean refiner S-Oil both reported large increases in profits and revenue for the quarter ending ...

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Equity Firm Buys 40% of SK

April 30, 2021

The parent company of SK Lubricants on Wednesday announced an agreement to sell 40% of the business to a South Korean pr ...

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Deal Reported for SK Stake

April 23, 2021

A South Korean investment firm has won the competition to buy a minority stake in SK Lubricants, according to local news ...

South Korea Base Oil Exports Rebound

South Korea Base Oil Exports Rebound

April 16, 2021

South Korea exported more base oil at a much higher value in March than in the same month in 2020, according to data rel ...

South Korea Exports Strong in February

South Korea Exports Strong in February

March 26, 2021

South Korea exported more base oil at a greater value in February than in the same month in 2020, according to data publ ...

Korean Base Oil Exports Dipped in 2020

Korean Base Oil Exports Dipped in 2020

March 19, 2021

Base oil exports from South Korea dropped 9% in 2020, according to data published by the Korea Customs Service, due to t ...

Profits Jump at GS Caltex, Hyundai Shell

Profits Jump at GS Caltex, Hyundai Shell

February 26, 2021

South Korean base oil refiners GS Caltex and Hyundai Shell Base Oil both reported sharply higher operating profit for th ...

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SK Eyes Funds from Lubes Business

February 19, 2021

SK Innovation is reportedly preparing to accept final bids for a 49% stake in SK Lubricants, and news organizations are ...

Earnings Up for S-Oil, Down for SK

Earnings Up for S-Oil, Down for SK

January 29, 2021

Among South Korean base oil refiners, SK Lubricants posted lower operating profit and S-Oil reported much higher operati ...

South Korean Base Oil Exports Slip

South Korean Base Oil Exports Slip

January 15, 2021

South Korea exported less base oil at less value in November last year than in the same month of 2019, according to Kore ...

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SK Promises Green Strategy

January 8, 2021

The parent company of SK Lubricants is looking for partners for base oil and chemical joint ventures, according to a New ...

Hyundai Shell Base Oil Posts Profit

Hyundai Shell Base Oil Posts Profit

December 18, 2020

Hyundai Shell Base Oil reported a strong operating profit for its lube base oil segment for the third quarter, improving ...