KEPCO KPS President Kim Bum-nyun.Employees with KEPCO KPS are engaged in preventive maintenance efforts to ensure a stable supply of electricity. (Photos: KEPCO KPS)KEPCO KPS is entering “emergency mode” and reinforcing maintenance activities to ensure a stable supply of electricity as the record …

Vice Chairman Park Jin-soo of LG Chem. (Photo: LG Chem)LG Chem said its second quarter sales this year surpassed 7 trillion won. It’s the first time in its history that the company broke the 7 trillion won barrier in quarterly sales, with consolidated sales figures coming to 7.051 trillion won, up …

A slew of dignitaries is lined up for a photo session after signing an investment agreement between GS Caltex and the South Jeolla Province on the construction of an olefin plant in Yeosu, Jeolla Province on Aug. 9. Gov. Kim Yong-rok of South Jeolla Province is seen on 3rd from L, and Mayor Kwon Oh-…

Korea Electric Power Corp.’s (KEPCO) posting operating losses in the third straight quarter is raising the possibility that electricity charges could be on their way up. KEPCO has been experiencing difficulties stemming from rising fuel costs caused by international crude oil price hikes, and a plu…

President Chung Jae-hoon of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)A view of Cernavoda Nuclear Power Units 1 & 2 in Bucharest, Romania. Under stewardship of President Chung Jae-hoon, who took office in April, Korea Hydro & Nuclear Power (KHNP) is accelerating efforts to export …

Officials with Hyundai Motor and Kia Motors test-operate a next-generation separated sound zone (SSZ) system the automakers have developed for the first time in the world. (Photos: Hyundai Motor)Hyundai Motor and Kia Motors said they have developed a next-generation “separated sound zone (SSZ)” te…

Dignitaries, including Director General Kim Hyun-chul of the New and Renewable Energy Policy Bureau at the Ministry of Trade, Industry and Energy (MOTIE), Hanwha Energy President Ryu Doo-hyung and Doosan Fuel Cell Senior Executive Vice President Yoo Soo-kyung, participates in a ground-breaking cerem…

GS Caltex Chairman Huh Jin-soo.“GS Caltex will review its human rights policies and raise its cooperative social responsibility levels by overhauling behavior rules,” GS Caltex Chairman Huh Jin-soo said. Chairman Huh made the remarks in a speech to the publication of the 2017 sustainability report…

A view of a solvent de-asphalting (SDA) unit at the Daesan plant in Seosan. (Photos: Hyundai Oil Bank)Hyundai Oil Bank President Moon Jong-bakHyundai Oilbank will be first Korean refiner to see its heavy oil upgrade portion top 40 percent. Heavy oil upgrade is a process of refining the cheaper resid…