7 articles
Moody’s upgraded S-Oil’s credit outlook to stable, citing strong refining margins and the upcoming completion of its $7-billion Shaheen petrochemical complex. The agency forecasts a nearly fourfold EB
South Korean refiner S-Oil reported a Q2 net profit of $360 million, driven by strong refining margins and record lubricant earnings offsetting petrochemical losses. The company also advanced its Shah
S-Oil forecasts firm third-quarter refining margins supported by summer demand and global export restrictions amid low oil inventories. The refiner cited geopolitical disruptions causing supply tightn
S-Oil forecasts healthy Q2 refining margins despite high product prices, though Q1 profits were impacted by South Korea's fuel price cap system. Analysts cite ongoing uncertainty from crude supply dis
S-Oil plans to commence operations at its new Ulsan naphtha cracker by late September 2026. The facility will have an annual ethylene production capacity of 1.8 million metric tons.
S-Oil has signed a $3.7 billion contract to supply polyethylene (PE) to Sabic, with the agreement extending through December 2030.
S-Oil reported narrowed petrochemical losses and a positive outlook for aromatics in Q1, while the PP market softened in Q4 due to increased supply from plant turnarounds and inspections.
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