(EnergyAsia, July 8 2014, Tuesday) — Saudi Aramco said its subsidiary, Aramco Overseas Company BV (AOC), will become the new majority owner of South Korea’s S-OIL Corporation when it completes its proposed buy-out of the Hanjin Energy Company’s entire 28.4% stake for nearly 1.983 trillion won. (US$1=1,010 won). The Saudi state-owned firm will raise its…

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