S-Oil’s Oil Refinery Complex (Credit to S-Oil)

Saudi Crown Prince inaugurates $6bn S-Oil refinery expansion in South Korea

Saudi Arabia’s Crown Prince Mohammad bin Salman will launch the $6bn expansion of the S-Oil refinery, the third-largest oil refinery in Korea and the wholly-owned by Saudi Aramco. Aramco’s chief executive, Ameen Al-Nasser, said that the second phase of the refinery’s expansion would directly convert crude oil to chemicals. Korea’s S-Oil signed an understanding memorandum...

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