Search form

You are here

Hyundai Oilbank



Saudi Aramco completes acquisition of 17% stake in South Korean Hyundai Oilbank

  • Aramco has become the second-largest shareholder of Hyundai Oilbank
  • Overseas investment will support Aramco’s strategy to expand in refining and chemicals sector
By Sean Cronin ·

Hyundai Heavy says Aramco buys 17% stake in S.Korean refiner unit for $1.2bn

By Reuters ·

Saudi Aramco plans to invest $1.6 billion in South Korean refiner Hyundai Oilbank

By Reuters ·

Latest updates

’Return hubs’ for migrants set to clear EU parliament hurdle
North Korea, Belarus sign ‘friendship’ treaty during Lukashenko visit
Israel medics say Iranian missile attack leaves 6 wounded
German defense minister says Berlin prepared to help secure ‘any peace’ in Iran
Oil rises as investors reassess Middle East ceasefire prospects

Recommended

Middle-East
What cost-effective options do Gulf states have to counter the drone menace?
Middle-East
How Israel and Hezbollah may be violating rules of war in renewed fighting in Lebanon 
Middle-East
A Gulf Suez Canal? Bypassing the Strait of Hormuz may be harder than its advocates suggest

Search form

Print Edition
Read pdf version Subscribe now
© 2026 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.