HHIH SIGNS HYDROGEN PROJECT DEAL WITH SAUDI ARAMCO

Highlights –

• HHIH sings hydrogen project deal with Saudi Aramco.
• Hyundai Oilbank Co. will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen.
• Hyundai Oilbank will be provided with blue ammonia.
• ...

HYUNDAI’S OILBANK GAINED PROFIT IN THE SECOND QUARTER

Highlights:

• South Korea’s Hyundai Oilbank has gained an operating profit in the second quarter of the year.
• SK innovations and S-oil has posted operating losses of W439.7 billion and W164.3 billion in the second quarter. 
• Hyundai...

HCD HYUNDAI’S ASIANA AIRLINES ACQUISITION COULD ALTER THE REFINERY MARKET

Highlights –

• HCD Hyundai acquires Asiana Airlines
• Speculations on change of jet fuel sources
• Hyndai OilBank may be used as source for fuel

HCD Hyundai Development Co. has acquired the controlling stakes of full-service carrier Asiana...

Running local refineries:Aramco

Saudi Arabia's wellhead crude production stands at 9.9 million, with a production capability of 11.3 million b/d, the country's oil minister Abdulaziz bin Salman aforesaid earlier this month. The country intends to come back to full drilling capability of 12 million b/d by the end of Nove...