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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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President Kim Ho-bin of Korea Midland Power Co. (KOMIPO) poses with Suh Woo-duck, deputy general manager with Boryeong Power Complex at a ceremony to declare KOMIPO’s top 50 innovation tasks at KOMIPO headquarters in Boryeong, Chungcheongnam-do, on Oct. 23. (Photos: KOMIPO)Korea Midland Power Co. (…
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President Joo Young-min of HD Hyundai Oilbank.HD Hyundai Oilbank is aiming to make a shift into an eco-friendly energy platform to bolster sustainable growth. The refinery company is expanding and transitioning eco-friendly future businesses based on experiences and facilities the company has a…
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A whole of the fourth underseas line of LS Cable & System’s Donghae Plant and vertical continuous vulcanization(VCV) tower. The vertical continuous vulcanization (VCV) tower of LS Cable & System’s plant in Donghae, Gangwon-do, is a super high-rise facility adjoining the East Sea, whic…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL published the 2022 ESG Report, which outlined the company’s financial values through corporate management in addition to non-financial values, including those related to the environment, social issues and governance. S-OIL has issued a sust…
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Chairman Joo Young-jin, former chief of the National Assembly Budget Office, recently elected as chairman of the Korea Parliamentary Research Institute. (Photos : Korea Parliamentary Research Institute)Joo Young-jin is a recognized legislative b…
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Koo Ja-hong, the late first chairman of LG Group, died of 77 on Feb. 11.LS Nikko-Copper Chairman Koo Ja-hong, who shepherded the growth of LS Group, succumbed to a chronic disease he had been suffering from. He was 75. Chairman Koo, born in Jiny…
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By Park Jong-sun, a former professor with Jeonju University and ex-Korean consulate general in Qingtao, China.The global economy posted a high growth rate of 5.5 percent, as each country around the world employed expansionary fiscal and currency poli…
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Honorary Chairman Kim Jae-chul of Dongwon Group discusses on AI with KAIST President Lee Kwang-young at a talk show at KAIST’s main campus in Daejeon on April 2.Honorary Chairman Kim Jae-chul of Dongwon Group was once an old hand who had contributed…
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