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Prime Minister Han Duck-soo convened a meeting of the Regulatory Reform Committee at the Seoul Government Complex on Nov. 25, which approved the introduction of a cap in the system marginal price (SMP) with which Korea Electric Power Corp. (KEPCO) purchases electricity from power generation companie…
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Notables, including Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy (MOTIE), participate in a ceremony to dedicate Shin Hanul Unit 1 at the site of Shin Hanul Nuclear Power Plant on Dec. 14. (Photo: MOTIE)In his speech at a ceremony to dedicate Shin Hanul Nuclear Power Unit 1 a…
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S-OIL President Ryu Yeol of Corporate Strategy & Services and award winners pose at the 12th Outstanding Degree Thesis Awards and 4th Next-Generation Scientist Awards ceremonies at S-OIL headquarters in Gongdeok-dong, Seoul, on Dec. 9. (Photo: S-OIL)The S-OIL Science and Culture Foundation held …
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President Kang Dal-ho of Hyundai Oilbank. (Photos: Hyundai Oilbank)Hyundai Oilbank agreed to extend a supply contract for petroleum products to Sunoco, a U.S. petroleum product distributer, for next year, the Korean refinery said on Nov. 3. With the extending of the petroleum product supply agr…
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Lim Jung-mook, KHNP’s Cairo Office Head, and Yu Dae-yong, Doosan Enerbility’s Cairo Branch Director, attend a ceremony to sign the contract for construction of the turbine island of the El Dabaa Nuclear Power Plant in Egypt on Nov. 9. (Photo: Doosan Enerbility)Doosan Enerbility is flexing its musc…
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A bird’s eye-view of “Wangshin Fuel Cell Power Plant,” to be built by KEPCO E&C in cooperation wih Kumho E&C and LS ELECTRIC. (Photo: KEPCO E&C)KEPCO E&C teamed up with consortium members, Kumho E&C and LS ELECTRIC to sign a contract on a project to build “Wangshin Fuel Cell …
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S-OIL, Hyundai E&C and Hyundai Engineering struck a contract on a project, called “Shaheen” at the international conference room of the Korea Chamber of Commerce and Industry in Seoul on Nov. 17. Seen (from left) at a signing ceremony are Lotte E&C President Ha Suk-joo, Hyundai E&C Pre…
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Executives and staffers of Korea Western Power Co. , including KOWEPO President Park Hyung-duck, pledge their resolution to eradicate serious industrial disasters at the “D-100 Campaign” at KOWEPO headquarters on Sept. 26. (Photo: KOWEPO)Korea Western Power Co., Ltd. (KOWEPO) showcased sulfur hexa…
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Notables, including Vice Minister Park Il-joon of the Ministry of Trade, Industry and Energy and President Lim Hae-jong, participate at the 29th Korea Gas Safety Awards at the 63 Square in Yeouido, Seoul, on Sep. 21. (Photo: KGS)The 29th Korea Gas Safety Awards took place at the grand ballroom of th…
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KOSPO President Lee Seung-woo exchanges views on the hydrogen economy sector with visiting Premier Peter Malianauskas of South Australia and Energy Minister Tom Koutsantonis at the Shinincheon Bitdream Headquarters’ hydrogen fuel center on Oct. 17.KOSPO President Lee Seung-woo had a meeting with vi…
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Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group’s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 2…
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On March 27, Hana Chairman Ham Young-joo visits a small restaurant to donate a high-efficiency air conditioner as part of his first act after starting his second term. (Photos: Hana Financial Group)Hana Financial Group announced in late March that it…
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Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photo: Kyobo Life Insurance)Kyobo Life announced on March 21 that it has been designated as a trustee of the Financial Services Commission (FSC)’s Innovative Financial Services Project, "Ai…
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Lee Chan-woo, chairman of NongHyup Financial Group. (Photos: NongHyup Financial Group)“Unless we innovate now, there is no bright future for NongHyup Financial Group,” said Lee Chan-woo, chairman, in a meeting with NongHyup subsidiary employees on …
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