S-Oil Corporation Inc - Company Profile
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S-Oil Corporation Inc (S-Oil), a subsidiary of Aramco Overseas Company BV, is an oil refining and marketing company. The company’s main activities include the production of refined oil, lube base oil, petrochemical products, and crude oil refining. Its major products include diesel, gasoline, kerosene, engine oil, bunker-C oils, lubricants, naphtha, paraffin oil, asphalt, benzene, xylene and toluene. The company offers its products to end consumers through a distribution and marketing network that includes product distribution terminals and branded retail service stations under the brand name Dragon and S-Oil 7. It owns and operates an integrated refining lubricant and aromatic-type petrochemicals complex in Ulsan. S-Oil is headquartered in Seoul, South Korea.
S-Oil Corporation Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Refined Oil | Distributions | S-OIL7 |
| Diesel | S-OIL7 Eco | |
| Gasoline | GOODOIL | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company entered into an integrated IT Outsourcing agreement with Samsung SDS under which Samsung SDS manages the integrated operation and management of S-OIL’s IT infrastructure, applications, and data center for three years. |
| 2025 | Contracts/Agreements | In July, the company entered into a business agreement with G2POWER to build an energy storage system based on immersion cooling technology. |
| 2025 | Contracts/Agreements | In June, the company signed a memorandum of understanding with Bumhan Unisolution to develop energy storage and EV battery systems using immersion cooling technology. |
Competitor Comparison
| Key Parameters | S-Oil Corporation Inc | SK Innovation Co Ltd | GS Caltex Corp | HD Hyundai Oilbank Co Ltd | E1 Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Jung | Seoul |
| State/Province | - | - | Seoul | Seoul | Seoul |
| No. of Employees | 2,865 | 2,148 | 3,174 | 2,164 | 315 |
| Entity Type | Public | Public | Private | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Anwar A. Al-Hejazi | Director; Chief Executive Officer | Executive Board | 2023 | 54 |
| Lee Jung-ik | Head - Shaheen Project Division; Executive Vice President | Senior Management | 2026 | - |
| Lee Kun-myung | Head - Domestic Sales Division; Executive Vice President | Senior Management | 2026 | - |
| Shin Jong-chul | Senior Vice President; Head - Lubricant Sales Division | Senior Management | 2026 | - |
| Mohammed Y. Al-Qahtani | Director | Non Executive Board | 2021 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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