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President Moon Jong-bak of Hyundai Oilbank.(Photo: Hyundai Oilbank)
In 2014, the oil industry hit rock bottom as oil prices crashed and the global economy was in doldrums, straining the demand for petroleum products across the board. With oil prices cheaper than water in some places, “the more oil…
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A view of Korea Midland Power Co. (KOMIPO) in Boryeong, Chungcheongnam-do.
Korea Midland Power Co. (KOMIPO) is accelerating efforts to cut fine dust emissions from its power plants.
KOMIPO plans to pour 1.653 trillion won into lowering pollution emissions from power facilities in the Boryung Power…
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Korea Southern Power Co. (KOSPO) is making massive investments into new and renewable energy projects with the goal of making a shift in the energy paradigm to promote public safety.
The power company is accelerating efforts to expand new and renewable energy industry infrastructure with th…
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Korea Electric Power Corp. President Cho Hwan-eik visits the Big Data Center of LG U+ in Yongsan-gu, Seoul, on Sept. 14. (Photos: KEPCO)
Korea Electric Power Corp. (KEPCO) President Cho Hwan-eik toured the Big Data Center of LG U+, a company specializing in the 4th Industrial Revolution, which is l…
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A view of LG Chem’s plant in Daesang, Chungcheongnam-dop. (Photo: LG Chem)
LG Chem has seen its corporate value surge 12.8 trillion won over ten months. LG Chem shares were traded for 390,000 won per share on the Korean bourse on Sept. 12, an 81 percent jump over 10 months ago. The company saw its…
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A lab of GS Caltex’s plant in Yeosu.A view of GS Caltex’s plant in Yeosu. (Photos: GS Caltex)
GS Caltex is in its 50th year of operation this year. At the company’s new year ceremony on Jan. 1 at GS Tower in Nonhyun-ro, Seoul, Chairman Huh Jin-soo said the oil company will never let up on its ch…
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A view of Hanwha Chemical’s plant in Ulsan. (Photo: Hanwha Chemical)
Hanwha Chemical has accumulated a record amount of cash on back of its improving business performance. As a result, the company has seen its credit rating continue rise as it repays debts.
Korea Ratings on Sept. 11 revised the o…
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President Cho Hwan-eik of Korea Electric Power Corp. (KEPCO) (Phoertos: KEPCO)
Korea Electric Power Corp. (KEPCO) is considering acquiring a biomass power plant now under construction in Georgia, the United States. A biomass power plant uses waste timber (wood pellets) to produce steam for power ge…
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President Yoon Jong-geun of Korea Southern Power Co. (KOSPO) other executives and staff members vow to achieve the”New/Renewal 3030 Target” a workshop at the Ibis Ambassador Hotel in Busan on July 31. (Photo: KOSPO)
Korea Southern Power Co. (KOSPO) held a workshop designed to overhaul a sys…
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Samsung Electronics Vice Chairman Kwon Oh-hyun.A 1 terabit (Tb) 3D V-NAND flash memory, developed by Samsung Electronics for the first time in the world.
Samsung Electronics has ushered in an era of 1 terabit (Tb) 3D V-NAND flash memory for the first time in the world. The new flash memory is simil…
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Seoul Tourism Organization announced Seoul’s tourism trends for the year 2026 “V·I·T·A·L·I·T·Y.” (Photos: STO)Seoul Tourism Organization (STO) announced Seoul’s tourism trends for the year 2026 - “V·I·T·A·L·I·T·Y.” With a goal of …
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▲ 2026년 시무식_최철규 대표이사 직무대행이 신년사를 하고 있다.강원랜드(대표이사 직무대행 최철규)가 1월 2일 하이원 그랜드호텔 컨벤션홀에서 2026년 병오년(丙午年) 새해를 맞아 시무식을 개최했다고 밝혔다.최철규 대표이사 직무대행을 비롯한 임직원 300…
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A poster to promote the 2025 Seoul Winter Festival taking place from Nov. 12 until Jan. 4, 2026. (Photos: SMG) Seoul’s downtown areas were transformed into a fascinating winter city with Santa villages and K-content events to enjoy, including p…
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A whole view of High1 Ski Resort, owned by Kangwon Land. (Photos: Kangwon Land)High1 Ski Resort, owned by Kangwon Land, heralded the start of the 2025/2026 ski season by officially opening the Athena III-1 slope and snow sled site on Nov. 28. Hi…
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