S-Oil

Lummus and Employees Recognized for Achievement, Innovation and Technology Leadership

Retrieved on: 
Thursday, October 12, 2023
Pipeline, Hydrocarbon, Sustainability, Culture, S-Oil, Lummus, Gulf Energy SAOC, Complex, Creative industries, Film industry, Petroleum

HOUSTON, Oct. 12, 2023 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that it won three awards at Gulf Energy Information's Energy Excellence Awards event on Oct. 11. Lummus won the following awards: Best Petrochemical Technology, Net Zero Cracker; Energy Project of the Year, S-OIL's Shaheen Crude-to-Chemicals Complex; and Most Promising Engineer, Bianca Ulrich.

Key Points: 
  • Lummus won the following awards: Best Petrochemical Technology, Net Zero Cracker; Energy Project of the Year, S-OIL's Shaheen Crude-to-Chemicals Complex; and Most Promising Engineer, Bianca Ulrich.
  • Lummus was also a finalist for three other awards including: Lifetime Achievement, Ujjal Mukherjee, Chief Technology Officer; Best Petrochemical Technology, Verdene™ Polypropylene; and Best Refining Technology, Chevron Lummus Global ISOTERRA.
  • It underscores Lummus' commitment to driving innovation, creating a culture that values technical excellence and providing the opportunities for its engineers to thrive."
  • In 2022, Lummus won Licensor of the Year, and in 2021, the company won the Sustainability, Executive of the Year and Best Refining Technology categories.

Luberef to list Argus-derived base oil prices

Retrieved on: 
Tuesday, August 1, 2023
Motiva, S-Oil, Tadawul, Argus Media, Cryptocurrency, Oil, Saudi Aramco

DUBAI, United Arab Emirates, Aug. 1, 2023 /PRNewswire/ -- Saudi Aramco base oil company Luberef is to start publishing base oil indexes derived from spot price assessments produced by global energy and commodity price reporting agency Argus.

Key Points: 
  • DUBAI, United Arab Emirates, Aug. 1, 2023 /PRNewswire/ -- Saudi Aramco base oil company Luberef is to start publishing base oil indexes derived from spot price assessments produced by global energy and commodity price reporting agency Argus.
  • The prices will appear on Luberef's website to help provide transparency to base oil market dynamics for its investors.
  • Luberef is also a member of the Saudi Aramco base oil alliance, along with Saudi Aramco affiliates Motiva and S-Oil.
  • Argus base oil prices are widely used around the world in contracts to price physical base oils.

Seoul Business Agency (SBA) Presents "Tech Hub Seoul" Vision in CES 2023 "Effectively inform the global stage about Seoul's technology and innovation"

Retrieved on: 
Monday, January 9, 2023
Microsoft, Samsung, Multimedia, 1979 U.S. embassy burning in Islamabad, S-Oil, Startup company, KAC, Korea Aerospace Research Institute, Seoul Metropolitan Government, ESG, Health, CES, Korea Institute of Science and Technology, News, Exhibition, CTA, Korea Economic Daily, Economy, Renaissance Hotels, KARI, SBA, Korea Airports Corporation, Organization, CVC, VCS, Fashion, Pavilion, Consumer Technology Association, University, FCI, Employment, LVCC, Lotte Chemical Titan, Teen Top discography, DDP, Cryptocurrency, Financial services, Video game, Qualcomm

They presented Seoul's vision for the future and promoted its world-class innovative technology for the global market.

Key Points: 
  • They presented Seoul's vision for the future and promoted its world-class innovative technology for the global market.
  • Seoul Pavilion operated two exhibition halls: "Seoul Tech Pavilion," in the CES' main exhibition center, LVCC North Hall, and "K-Startup Pavilion" in Eureka Park, the exhibition venue for global startups.
  • In addition, they held numerous on-site events, such as open-tech pitches of participating companies, Smart City Seoul Forum, and global media interviews.
  • SBA held an "Vision Announcement Ceremony" to show off 'Amazing Seoul' at CES 2023 Seoul Tech Pavilion, on January 5th at 1 p.m.

Seoul, Operating the "Seoul Tech Pavilion" for the 1st Time at Main Exhibition Hall of 'CES 2023'in US

Retrieved on: 
Tuesday, December 27, 2022
Korea Aerospace Research Institute, Ecosystem, Kyung-hee, Exhibition, Seoul Metropolitan Government, Ministry of SMEs and Startups, 3D, Research, ESG, UAM, Partnership, Innovation, Genome, Attention, Ministry, S-Oil, Communication, Lotte Chemical Titan, Mobility, R, Global Ecosystem Dynamics Investigation, Multimedia, Startup company, Policy, University, Samsung, Korea Institute of Science and Technology, Microsoft, SME, Carbon, CES, Chicago Innovation Awards, SBA, LVCC, IR, Taxicab, Hospital, Video game, Cryptocurrency, Dalian Hi-Tech Zone

This is the first time a pavilion operated by a country (city) will be displayed at the main exhibition hall, which is usually an exhibition space for companies leading the global tech industry, such as Samsung or Microsoft.

Key Points: 
  • This is the first time a pavilion operated by a country (city) will be displayed at the main exhibition hall, which is usually an exhibition space for companies leading the global tech industry, such as Samsung or Microsoft.
  • The 'Seoul Tech Pavilion' in the main exhibition hall (LVCC) is 165㎡and will be attended by 12 open innovation startups and major Korean companies.
  • The 'KOSTARTUP Joint Pavilion' will be composed of 50 outstanding Korean startups over 473㎡at Eureka Park, the exhibition hall for countries and startups.
  • In addition to preparation for the exhibition and on-site interpretation, these measures are also expected to support the companies' business communication.

Emerson Chosen as Automation Partner for World’s Largest Hydrogen Refueling Station for Commercial Vehicles

Retrieved on: 
Thursday, December 1, 2022
Hardware, Electronic Design Automation, Alternative Energy, Energy, Green Technology, Manufacturing, Alternative Vehicles, Fuels, Technology, Other Transport, Environment, Trucking, Transport, Machinery, Automotive, Software, Hydrogen, Hyundai Motor Company, SK Gas Cup, Revolution, Transport, Emerson, Korea District Heating Corporation, S-Oil, Temperature, Measure (mathematics), GS Caltex, SK Group, NYSE, PLC, Automation, Hyundai Oilbank, Safety, Renewable energy

Korea Hydrogen Green Energy Network (KOHYGEN) has chosen global technology company Emersons (NYSE: EMR) advanced automation solutions to help ensure the safety and reliability of its pioneering hydrogen infrastructure initiative, which recently marked the completion of the worlds largest hydrogen refueling station for commercial vehicles.

Key Points: 
  • Korea Hydrogen Green Energy Network (KOHYGEN) has chosen global technology company Emersons (NYSE: EMR) advanced automation solutions to help ensure the safety and reliability of its pioneering hydrogen infrastructure initiative, which recently marked the completion of the worlds largest hydrogen refueling station for commercial vehicles.
  • The JeonjuPyeonghwa Hydrogen Refueling Station is the first of 35 high-capacity gas and liquid hydrogen refueling stations KOHYGEN plans to construct across Korea by 2025.
  • To further lay the foundation for a stable hydrogen supply chain, Emerson and KOHYGEN are collaborating on technical standards for future high-capacity commercial refueling stations and similar projects.
  • Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the worlds essential industries.

Aramco affiliate S-OIL to build one of the world's largest petrochemical crackers in South Korea

Retrieved on: 
Thursday, November 17, 2022
Shahin, Growth, Technology, Saudi Aramco, CEO, Efficiency, S-Oil, GameChanger, Oil, Fossil fuel, Downstream

It follows an earlier $4 billion investment into the first phase of the petrochemical expansion completed in 2018.

Key Points: 
  • It follows an earlier $4 billion investment into the first phase of the petrochemical expansion completed in 2018.
  • Aramco President & CEO, Amin H. Nasser, said:"The global petrochemical landscapeis rapidly evolvingwith demand growth anticipated to accelerate, driven in part by rising consumption from Asia's emerging economies.
  • The new steam cracker is planned to use mixed feedstocks, outperforming naphtha-based crackers in terms of overall efficiency and performance.
  • Aramco is the majority shareholder of S-OIL, holding more than 63% of the company's shares through its Aramco Overseas Company B.V. subsidiary.

Asia-Pacific Base Oil Market Report 2022-2028: Rising Demand for High-Grade Oils from the Automotive Sector & Wide Range of Applications Across Different End-Users Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, August 19, 2022
Oil, Gas, Energy, Lubricant, Growth, Car, ASEAN, S-Oil, Application, CAGR, International Energy Agency, GS Caltex, Adoption, Renewable energy, Oil, Group

As per this report, the Asia-Pacific base oil market is expected to grow with a revenue CAGR of 3.85% and a volume CAGR of 4.38% during the forecasted period of 2022-2028.

Key Points: 
  • As per this report, the Asia-Pacific base oil market is expected to grow with a revenue CAGR of 3.85% and a volume CAGR of 4.38% during the forecasted period of 2022-2028.
  • The region's market is studied across countries like India, China, Japan, ASEAN countries, South Korea, Australia & New Zealand and Rest of Asia-Pacific.
  • Rapid industrialization, increasing export of refined petroleum, and economic growth are some factors that increase China's demand for crude oil.
  • Asia-Pacific Base Oil Market Outlook - by Application (In Terms of Value: $ Million & Volume: Kiloton)

Saudi Aramco Advances Global Chemicals Strategy With S-Oil Expansion Project in Ulsan, South Korea

Retrieved on: 
Wednesday, June 26, 2019
Dhahran, Economic history of Saudi Arabia, Oil companies, Economy of Saudi Arabia, Saudi Aramco, S-Oil, Companies, Abdullah S. Jum'ah, Khalid A. Al-Falih

- The relationship between Saudi Aramco and S-Oil grows stronger with the inauguration of the new complex in South Korea.

Key Points: 
  • - The relationship between Saudi Aramco and S-Oil grows stronger with the inauguration of the new complex in South Korea.
  • SEOUL, June 26, 2019 /PRNewswire/ -- Saudi Aramco is advancing its global chemicals growth strategy with today's inauguration of S-Oil's new Residue Upgrading Complex and Olefin Downstream Complex.
  • S-Oil serves as a role model for Saudi Aramco's international downstream strategy and plays an important role by providing the vital energy needed for economic growth in South Korea.
  • Saudi Aramco is a global integrated energy and chemicals company.

Saudi Aramco Advances Global Chemicals Strategy With S-Oil Expansion Project in Ulsan, South Korea

Retrieved on: 
Wednesday, June 26, 2019
Dhahran, Economic history of Saudi Arabia, Oil companies, Saudi Arabia–United States relations, Economy of Saudi Arabia, Saudi Aramco, S-Oil, Companies

SEOUL, June 26, 2019 /PRNewswire/ -- Saudi Aramco is advancing its global chemicals growth strategy with today's inauguration of S-Oil's new Residue Upgrading Complex and Olefin Downstream Complex.

Key Points: 
  • SEOUL, June 26, 2019 /PRNewswire/ -- Saudi Aramco is advancing its global chemicals growth strategy with today's inauguration of S-Oil's new Residue Upgrading Complex and Olefin Downstream Complex.
  • S-Oil serves as a role model for Saudi Aramco's international downstream strategy and plays an important role by providing the vital energy needed for economic growth in South Korea.
  • This new agreement supports Saudi Aramco's plan to increase its global petrochemicals footprint over the next decade.
  • Saudi Aramco is a global integrated energy and chemicals company.