Yonhap Infomax News2d ago
South Korean prosecutors raid SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank over allegations of colluding to manipulate domestic fuel prices, following President Lee Jae-myung's directive to prevent unjust profits in the oil refining industry.
#YonhapInfomax #PriceFixing #OilRefiners #SKEnergy #GSCaltex #ProsecutorsRaid #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111452
Prosecutors Raid Four Major Oil Refiners Over Price-Fixing Allegations

South Korean prosecutors raid SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank over allegations of colluding to manipulate domestic fuel prices, following President Lee Jae-myung's directive to prevent unjust profits in the oil refining industry.

Yonhap Infomax
Yonhap Infomax NewsOct 20
SK Energy, a subsidiary of SK Innovation, has suspended scheduled maintenance at its Ulsan refinery after a fatal fire at its hydrogen production facility, with operations to resume pending the results of a government investigation and restoration efforts.
#YonhapInfomax #SKEnergy #SKInnovation #UlsanRefinery #IndustrialAccident #ScheduledMaintenanceSuspension #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86373
Five Dead or Injured in Fire—SK Energy Halts Scheduled Maintenance, Will Resume Pending Investigation Results

SK Energy, a subsidiary of SK Innovation, has suspended scheduled maintenance at its Ulsan refinery after a fatal fire at its hydrogen production facility, with operations to resume pending the results of a government investigation and restoration efforts.

Yonhap Infomax
Yonhap Infomax NewsJul 17, 2025
SK Energy and GS Caltex have sharply reduced workplace accident rates—by up to 88%—through the adoption of AI and VR technologies, highlighting digital transformation’s impact on safety in South Korea’s refining sector.
#YonhapInfomax #SKEnergy #GSCaltex #AccidentRate #ArtificialIntelligence #VirtualReality #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72484
SK Energy, GS Caltex See Safety Metrics Improve Sharply as AI and Virtual Reality Slash Accident Rates

SK Energy and GS Caltex have sharply reduced workplace accident rates—by up to 88%—through the adoption of AI and VR technologies, highlighting digital transformation’s impact on safety in South Korea’s refining sector.

Yonhap Infomax
gtbarryMay 7, 2025

oh heck ya! This class action lawsuit over "allegations of gasoline price manipulation" began in May 2020.

By the time I get my settlement in May of 2025, I receive less than one full gallon of gas as compensation

#California #CaliforniaVsVitol #SKEnergy #SKTrading #classaction #gas