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Prof. Park Ho-jung of Korea University speaks on the theme “Current Status of Carbon Credit Trading System and Direction of Institutional Reform.” (Photos: KPX)Korea Power Exchange (KPX) successfully concluded the 18th Power Market Workshop at the Textile Center in Daechi-dong, Seoul, on Dec. 8.&n…
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Korea South-East Power Co. (KOEN) signed an agreement with the Carbon Reduction Certification Center of the Korea Chamber of Commerce and Industry, SK Group and Korea Hydro and Nuclear Power to join forces to explore the voluntary carbon credit exploration market, on the sidelines of the COP28 clima…
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President Kim Dong-sub of Korea National Oil Corp. (KNOC) poses with CEO Takahara Ichiro of JOGMEC of Japan during their meeting in which they agreed to materialize collaboration projects after consulting with their governments, at JOGMEC headquarters in Japan on Dec. 5. (Photos: KNOC)Korea National…
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S-OIL President Ryu Yeol and President Noh Kwang-guen of Noh & Partners pose at S-OIL headquarters in Mapo, Seoul, on Dec. 12 after they struck an MOU on a resources circulation ESG fund to achieve the circulation economy and carbon reduction. (Photo: S-OIL)S-OIL was inducted into the list of “…
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Chairman Park Joo-sun of Korea Petroleum Association (KPA). (Photo: KPA)The nation’s four refinery companies saw their petroleum product exports increase for the second straight year.Figures released by Korea Petroleum Association (KPA) on July 26 showed that the four refinery companies — SK …
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President Kim Dong-cheol of Korea Electric Power Corp., (KEPCO)Korea Electric Power Corp., (KEPCO) struggling with 200 trillion won in debts, managed to post about 2 trillion won in operating profit in the 3rd quarter of this year, for the first time in 10 quarters. The Q3 operating profit is a…
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President Choi Yeon-Hye of Korea Gas Corp. (KOGAS). (Photos: KOGAS)Korea Gas Corp. (KOGAS) hosted Korea Best Innovation Contest 2023 (KOGAS BIC 2023) at the company’s headquarters in Daegu on Nov. 9.KOGAS BIC is an annual event designed to evaluate and share innovative activities KOGAS has implemen…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photo: S-OIL)S-OIL saw its Q3 operating profit improve noticeably on the back of a greater refining margin and rising international crude oil prices. S-OIL chalked up 8,999.6 billion won in sales and 858.9 billion won in operating profit in the 3rd quarter of t…
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President Joo Young-min of HD Hyundai Oilbank and Chairman Seung Beom-soo of Korindo Group pose after they struck a deal with to purchase 40,000 tons of palm fatty acid distillates at Koringdo headquarters in Indonesia on Oct. 31. (Photos: HD Hyundai Oilbank)HD Hyundai Oilbank is hitting the gas to …
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President Park Hyung-duck of Korea Western Power (KOWEPO) and other KOWEPO executives gesture at a ceremony to declare the “D-100 Safety Campaign” designed to uproot serious industrial disasters, at KOWEPO headquarters in Taean, Chungcheongnam-do, on Sep. 25. (Photos: KOWEPO)Korea Western Power (K…
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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