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S Oil : ● S-OIL acquired three types of green certifications on sustainab... -April 05, 2024 at 01:09 am EDT

S Oil : ● S-OIL acquired three types of green certifications on sustainab... -April 05, 2024 at 01:09 am EDT
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Mapo-gu , South-korea-general- , Ryu-yul , Anwar-al-hejazi , International-sustainability-carbon-certification , Reduction-scheme-for-international-aviation , European-union , International-civil-aviation-organization , Eu-renewable-energy-directive

S-Oil earns certifications for SAF production

S-Oil announced Thursday that it has become the first refinery in South Korea to achieve three International Sustainability & Carbon Certification (ISCC) certificates: ISCC CORSIA, ISCC EU, and ISCC PLUS. This certification, also known as the Carbon Offsetting and Reduction Scheme for International Aviation, formally qualifies the production of sustainable aviation fuel (SAF) in the international aviation sector....

South-korea , Ryu-yul , International-sustainability-carbon-certification , International-civil-aviation-organization , Reduction-scheme-for-international-aviation , International-sustainability , Carbon-certification , Carbon-offsetting , Reduction-scheme , International-aviation , The-korea-herald , Orean-news

S-Oil to produce sustainable aviation fuel after acquiring 3 green certifications

S-Oil will be able to produce sustainable aviation fuel (SAF) for international aviation for the first time in Korea, after the refiner acquired three green certifications on sustainable and low-carbon products, the company said Thursday.

Seoul , Soult-ukpyolsi , South-korea , Ryu-yul , Dirk-teichert , Asia-at-control-union , International-sustainability-carbon-certification , Reduction-scheme-for-international-aviation , Control-union , International-sustainability , Carbon-certification , Carbon-offsetting

Foreign company CEOs request larger gov't incentives, improved infrastructure to expand investments in Korea

Foreign companies operating in Korea hope for the government to provide larger incentives and improve local infrastructure so that they can invest more in the country, according to the Ministry of Trade, Industry and Energy, Wednesday.

United-kingdom , Saudi-arabia , China , Germany , France , Japan , Seoul , Soult-ukpyolsi , South-korea , Saudi , French , British

S-Oil CEO asks Yoon to increase tax incentives for firms making long-term investments

S-Oil CEO Anwar Al-Hejazi received a positive response from President Yoon Suk Yeol to his company’s request to deduct taxes for a longer period of time for firms that make long-term investments with large-scale projects, Saudi Arabia’s Aramco-owned refiner said, Thursday.

Saudi-arabia , South-korea , Seoul , Soult-ukpyolsi , Korea , Ryu-yul , Yoon-suk-yeol , Anwar-al-hejazi , Korea-chamber , President-yoon-suk-yeol , Joint-press-corps , Shaheen-project

S-Oil to import low-carbon ammonia from Saudi Aramco

South Korean oil refiner S-Oil announced Wednesday that it has signed a letter of intent with Saudi Aramco, Saudi Arabia's state oil giant, to secure low-carbon ammonia and contribute to the nation’s hydrogen industry. Following last year’s agreement to build a hydrogen supply chain between the two companies, the new partnership aims to confirm their will to support global decarbonization efforts. Un...

Saudi-arabia , South-korea , Saudi , South-korean , Ryu-yul , Saudi-aramco , S-oil-president-ryu , Fuel-cell-innovations , The-korea-herald , Orean-news , Oreaherald , Outh-korea-news

S-Oil joins campaign to reduce disposables

S-Oil joins campaign to reduce disposables

Kumho , Cholla-namdo , South-korea , Korea , Han , Rho-jun-hyung , Baek-jong-hoon , Ryu-yul , Korea-petroleum-association , S-oil-president-ryu-yul , Korea-petroleum-association-chairman-park-joo-sun , Environment-minister-han

Refiner S-Oil acquires 20% stake in fuel cell JV

Posted : 2021-03-07 12:51
Updated : 2021-03-07 18:36
S-Oil President Ryu Yul, left, poses with Fuel Cell Innovations CEO Lee Tae-won during an investment agreement signing ceremony at the refiner's headquarters in Mapo-gu, Seoul, Friday. Courtesy of S-Oil
By Nam Hyun-woo
S-Oil is seeking to diversify its energy mix by acquiring a 20-percent stake in a Korean-Saudi Arabian fuel cell company.
The refiner said Sunday that it signed an agreement with Fuel Cell Innovations (FCI) at a ceremony in Seoul on Friday.
FCI is a joint venture between Korea and Saudi Arabia and has more than 40 patents focusing on solid oxide fuel cell systems. FCI has forged partnerships with a number of fuel cell companies, including a joint development project with Italy's SOLIDpower which specializes in fuel cell systems for residential and commercial buildings, S-Oil said.

Seoul , Soult-ukpyolsi , South-korea , Mapo-gu , South-korea-general , Saudi-arabia , Saudi-arabian , Saudi , Hussain-al-qahtani , Ryu-yul , Saudi-aramco , Sk-group