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CEO Anwar A. Al-Hejazi of S-OIL poses with Minister of Trade, Industry and Resources Kim Jung-kwan after the former received the Order of Industrial Service Merit, Gold Tower from the latter on the occasion of the “2025 Foreign Company Day” at Grand InterContinental Seoul Parnas on Nov. 13. (Photo…
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A 380MW gas turbine developed and produced by Doosan Enerbility. (Photo: Doosan Enerbility)On October 13, Doosan Enerbility announced that it had signed an agreement with a prominent U.S. technology company to provide two units of Doosan’s 380MW gas turbines. The two gas turbines are to be del…
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Jang Si-ho, head of KPX Jeju Headquarters poses with Suh Yong-seok, chief of KIER’s Jeju Global Research Center as the two institutions struck an MOU on joint research and commercialization of new energy industries and demand management technologies on Sept. 30. (Photo: KPX)Korea Power Exchange (KP…
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Chairman Kim Seung-youn of Hanwha Business Group. (Photos: Hanwha Group)Hanwha celebrated the 73rd anniversary on Oct. 9. In his commemorative speech, Chmn. Kim Seung-youn of Hanwha Group said, “Our goal now is to be a global leader, and we have to be a leader in each business area with respon…
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Officials from HD Hyundai Oilbank pose for a group photo at the Mild Hydrocracking Process, producing sustainable aviation fuel (SAF,) in celebration of the supply of SAF to Korean Air's international flights. (Photo: HD Hyundai Oilbank)HD Hyundai Oil Bank supplies sustainable aviation fuel (SAF) to…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier this summer, lasted longer than usual. Due to the…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagnostic & Analysis System (SEDA) and the latter’…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won project to develop a carbon free energy power plant at Y…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively respond to changes of the shipbuilding industry b…
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(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird network at LS Tower in Yongsan, Seoul, on July 10.…
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Mirae Asset Securities Vice Chmn. Kim Mi-seob and Heo Sun-ho. (Photo: Mirae Asset Group)Mirae Asset Securities announced on Aug. 12 that it racked up a consolidated net profit of 1,905.2 billion won in the second quarter of this year, becoming the fi…
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Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced on Aug. 25 that it has opened the Gwangju Seo-gu AI & Digital Job Center in Seo-gu, Jeonnam Gwangju Special City to support the enhanceme…
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President & CEO Park Chang-hoon of Shinhan Card. (Photos: Shinhan Card)Shinhan Card has launched the Kakao Bank Chakbut Shinhan Card, a private label credit card (PLCC) featuring trendy, lifestyle-oriented benefits, in collaboration with Kakao Ba…
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Chairman Lee Jae-keun of KB Financial Group. (Photos: KB Financial Group)KB Financial Group operated the Global Demo Day Program in Singapore for two days from Aug. 26 to 27 in collaboration with the KOSME’s K-Startup Center Singapore to support Kor…
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