STATE-OWNED Saudi Aramco plans to invest up to US$1.6 billion for a nearly 20 per cent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of...

[SINGAPORE] Saudi Arabian Oil Co is buying up to 19.9 per cent of South Korean oil refiner Hyundai Oilbank Co for 1.8 trillion won (S$2.2 billion), tightening the OPEC behemoth's grip in the...