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s-oil

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S-Oil's $7B Shaheen project nears completion, aims to revive Korea's sagging petrochemical industry

The massive Ulsan facility will be the first to commercially use Aramco’s crude-to-chemicals technology while also diversifying feedstock and increasing domestic supply.

2026.8.18

Ulsan's factories fight the summer swelter with ice machines, cooling vests and chilled fruit punch

As longer, harsher summers grip Korea’s industrial hub, shipyards and plants are expanding breaks, cooling gear and heat safeguards to prevent illness.

2026.8.3

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Suited executive seated at a desk in an office with a laptop, window view, and yellow flag.

As it marks 50 years, S-Oil looks to fuel another half-century of innovation

The company's milestone year arrived as it completes its flagship Shaheen project and continues efforts toward carbon neutrality and broadening its business.

2026.6.29

Korea's petrochemical industry on edge as Aramco project in Ulsan threatens to render producers obsolete

S-Oil’s 9 trillion won Shaheen Project is nearing its first test as Aramco tries to prove a world-first process that could challenge Korea and China’s conventional petrochemical producers.

2026.6.28

Red-hot heroism

Since 2006, S-Oil has spent a total of 112 billion won on the program to help 3,904 firefighters by gifting awards for acts of bravery, offering condolence money to bereaved families of fallen firefighters.

2026.4.8

S-Oil named top refinery in 'Korea's Most Admired Companies' survey for 10th straight year

S-Oil ranked first among refining companies in this year’s “Korea’s Most Admired Companies” survey conducted by Korea Management Association Consultants (KMAC), marking the 10th consecutive year the company has received the honor, S-Oil said Tuesday.

2026.2.10

From left, Ryu Yul, the president of S-Oil; Anwar Al-Hejazi, the CEO of S-Oil; Hwang In-sik, the secretary general of the Community Chest of Korea (CCK); and Kim Kyung-hee, the chief of the social contribution division of CCK, pose for a photo at the CCK building in central Seoul on Jan. 21. [S-OIL]

S-Oil donates $1.4 million to Community Chest of Korea's fundraising campaign

S-Oil donated 2 billion won ($1.4 million) on Wednesday for the Community Chest of Korea's (CCK) “2026 Hope Sharing Campaign.”

2026.1.21

S-Oil honors nine officers for heroic acts at sea

S-Oil, together with the Korea Coast Guard and the Korea National Council on Social Welfare, honored nine officers for life-saving acts at sea during the 2025 Hero Maritime Police Officers awards ceremony held at the Mapo Garden Hotel.

2025.12.9

S-Oil CEO Anwar A. Al-Hejazi, center, and the Korea National Council on Social Welfare Chairman Kim Seong-yee, center left, pose for a photo at the ‘2025 Hero Citizen Award Ceremony’ held at S-Oil’s head office in Mapo District, western Seoul, on Nov. 24. During the ceremony, S-Oil awarded plaques and 140 million won ($95,000) to those who displayed a spirit of sacrifice and bravery to save the lives of others this year. [S-OIL]

Holding out for a hero

During S-Oil's ‘2025 Hero Citizen Award Ceremony,’ the company awarded plaques and 140 million won ($95,000) to those who displayed a spirit of sacrifice and bravery to save the lives of others this year

2025.11.24

The scene of a walkway collapse at a petrochemical construction site in Ulsan on Nov. 19 [YONHAP]

Seven workers injured after walkway collapses at S-Oil construction site

Seven workers were injured at a petrochemical construction site in Ulsan on Wednesday. A steel platform gave way at 5:02 p.m. on Wednesday at the Shaheen Project Package 1 site — operated by S-Oil — in Ulju County, Ulsan.

2025.11.19