Private company

HD Hyundai Oilbank

Logo: HD Hyundai Oilbank, Public domain, via Wikimedia Commons4

Petroleum and refinery company

HD Hyundai Oil Bank Co., Ltd. (Korean: 에이치디현대오일뱅크 주식회사) is a petroleum and refinery company with its headquarters in Seosan, South Korea. It was established in 1964 as Kukdong Oil Industry Company (Korean: 극동정유; Hanja: 極東精油; RR: Geukdong Jeongyu; MR: Kŭktongjŏngyu) and later taken over by the Hyundai Group in 1993. It is currently a part of the HD Hyundai Group.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Nov 19, 1964Founded1
  • Industrypetroleum industry1
  • HeadquartersSeosan1
  • Websitewww.hd-hyundaioilbank.co.kr
  • Legal formjusik hoesa1
  • LEI988400KOE4LX969V8V023
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address충청남도 서산시 대산읍 평신2로 182, 31902 Seosan-si, South Korea3
  • Registered withNational Tax Service, 310-81-202753
Hyundai Oilbank Songak Gas Station 20240729
Photo: LandAndTree, CC0, via Wikimedia Commons5

HD Hyundai Oil Bank Co., Ltd. (Korean: 에이치디현대오일뱅크 주식회사) is a petroleum and refinery company with its headquarters in Seosan, South Korea. It was established in 1964 as Kukdong Oil Industry Company (Korean: 극동정유; Hanja: 極東精油; RR: Geukdong Jeongyu; MR: Kŭktongjŏngyu) and later taken over by the Hyundai Group in 1993. It is currently a part of the HD Hyundai Group. Its primary business is petroleum products, similar to the SK Energy, GS Caltex, and S-Oil.2

Corporate structure

HD Hyundai Oilbank is part of a group headed by HD Hyundai. 15 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. Nov 19, 1964Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$495.7M 2008–2025
Figures by year
YearFederal contractsTotal
2025$12.0M$12.0M
2024$26.6M$26.6M
2023$19.0M$19.0M
2022$26.9M$26.9M
2021$14.5M$14.5M
2020$10.4M$10.4M
2019$25.0M$25.0M
2018$28.2M$28.2M
2017$26.9M$26.9M
2016$17.4M$17.4M
2015$28.3M$28.3M
2014$37.0M$37.0M
2012$55.7M$55.7M
2011$65.2M$65.2M
2010$12.0M$12.0M
2009$23.3M$23.3M
2008$67.3M$67.3M

Federal awards

Obligated amounts from USAspending.gov6, by calendar year, 2008–2025, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest contracts

  1. Nov 26, 2008$67.3M from Defense Logistics Agency: Turbine fuel, aviation jp87 To HD HYUNDAI OILBANK CO., LTD Award B001
  2. Dec 5, 2012$55.4M from Defense Logistics Agency: Awarded 18,000,000 usg of jp88 To HD HYUNDAI OILBANK CO., LTD Award B001
  3. Dec 16, 2011$45.1M from Defense Logistics Agency: Turbine fuel aviation (jp8)9 To HD HYUNDAI OILBANK CO., LTD Award B001
  4. Dec 13, 2007$32.6M from Defense Logistics Agency: Jp810 To HD HYUNDAI OILBANK CO., LTD Award B001
  5. Nov 6, 2009$24.0M from Defense Logistics Agency: Turbine fuel, aviation jp811 To HD HYUNDAI OILBANK CO., LTD Award B001