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CEO Cha Dong-hyung of Korea Petroleum Quality and Distribution Authority. (Photo: K-Petro)The government is inaugurating an inter-ministry petroleum market inspection body to curb petroleum prices amid oil market uncertainties. Amid rising crude oil market uncertainties, caused by armed conflic…
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President Song Byung-uk of Sudokwon Landfill Site Management Corp. (SLC)Sudokwon Landfill Site Management Corp. (SLC) has been operating its landfill site in a stable fashion by periodically managing original ground bed subsidence, each waste layer subsidence and leachate levels through an integrate…
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President Kim Dong-sub of Korea National Oil Corp. (KNOC), Minister of Trade, Industry and Energy Bang Moon-kyu and Ahmed Al-Qunaini, Aramco’s marketing head, attend a ceremony in which KNOX struck a contract with Aramco to stockpile 5.3 million barrels of crude oil at the Ulsan petroleum storage c…
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Minister Cho Seung-hwan of the Ministry of Oceans and Fisheries announces strategies to nurture the digital maritime transportation information industry at Government Complex in Sejong City on Oct. 4. (Photo: Yonhap News Agency) The Ministry of Oceans and Fisheries (MOF) on Oct. 5 came up with …
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Gangwon-do Gov. Kim Jin-tae, chairman of the Organizing Committee of the Gangwon Forestry Exhibition 2023, delivers a speech at a ceremony to open the expo on Sept. 22. Gangwon Forestry Exhibition 2023 is being held at the main venue of Gangwon World Jamboree Center in Goseong-gun, Gangwon-do, …
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MOTIE Minister Bang Moon-kyu meets with Chairman Kim Ki-moon of the Korea Federation of SMEs (KBIZ) to listen to complaints and grievances SMEs experience as he visited KBIZ, the first economic organization to do so since he took office. (Photos: MOTIE)Minister Bang Moon-kyu of the Ministry of Trade…
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Rep. Lee Dal-gon, a PPP lawmaker from Jinhae-gu, Changwon. (Photo: Rep. Lee’s Office)Rep. Lee Dal-gon, a lawmaker hailing from Jinhae-gu, Changwon City, spearheaded a proposal to enact the special measure on the mutual development of ports and surrounding impact areas, he said on Oct. 6. The e…
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Minister Nam Sung-hyun of Korea Forest Service delivers a commemorative speech at a ceremony to celebrate the 22nd anniversary of Mountain Day in Goseong on Oct. 18.Domestic forestry product amounts were tallied at 7,725.8 billion won in 2022, a surge of 527.6 billion won, or a 7.3 percent year-on-y…
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President Yun Seog-dae of K-water. (Photos: K-water)K-water has been operating so-called ‘ITX trains’ in celebration of the 50th anniversary of the Soyanggang Dam for three months from September, the corporation said on Sept. 3. The Soyanggang Dam was dedicated on Oct. 15, 1973, with the goal…
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Dignitaries, including President Ham Jin-gyu of Korea Expressway Corp. attend a ceremony to open the Sihwa-Multi Techno Valley section of the 2nd Capital Ring Expressway, connecting Ansan and Siheung cities on Sept. 25. (Photo: Siheung City)Korea Expressway Corp. (KEC) discussed ways of promoting co…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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