Q2 2026 saw strong revenue growth and a rebound in profitability, led by robust refining and record lube segment performance, despite sequential declines in operating and net income. Tight global supply and low inventories are expected to sustain firm market conditions, while the Shaheen Project re…
South Korean prosecutors said they indicted the country's four oil refiners on charges of fuel price collusion, estimated to have caused anti-competitive harm worth $17 billion, Yonhap News Agency reported on Monday, citing the prosecution.The companies are HD Hyundai Oilbank, SK Energy, GS Caltex…
South Korean prosecutors said they indicted four local oil refiners for collusion, Yonhap News Agency reported on Monday, citing the prosecution.The companies are HD Hyundai Oilbank, SK Energy, GS Caltex and S-Oil KRX:010950, Yonhap said.
