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President Yang Su-yeong of Korean National Oil Corp. is seen on an inspection tour of the oil refinery facilities in Ulsan. (Photos: KNOC)The Korea National Oil Corp. (KNOC) has taken the first step toward reducing its debt and stabilizing its business. The state-run firm decided to sell its stake i…
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President Kang Dal-ho of Hyundai Oilbank. (Photo: Hyundai Oilbank)Hyundai Oilbank Co. and petrochemical firm Lotte Chemical Corp. have joined hands to build a heavy-feed petrochemical complex (HPC) at a combined investment of 2.7 trillion won ($2.5 billion).Hyundai Oilbank CEO Moon Jong-bak and Lott…
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President Kim Jong-kap of Korea Electric Power Corp. (Photo: KEPCO)Korea Electric Power Corp. (KEPCO) is predicted that its financial soundness will take a turn for worse, caused by a rise in policy costs related to the expansion of new and renewable energies in accordance with the government’s ene…
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Ahn Dae-geun, head of the KHNP Washington D.C. Center, receives the standard design approval for the APR 1400 design from Frederick Brown,director of the Division of Inspection and Regional Support in the Office of Nuclear Reactor Regulation. (Photos: KHNP)The Advanced Power Reactor 1400 (APR1400), …
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A view of a gas exploration site off East Sea. (Photos: KNOC)President Yang Su-yeong of Korean National Oil Corp. is seen on an inspection tour of the oil refinery facilities in Ulsan. (Photos: KNOC)President Yang Su-yeong of the Korea National Oil Corp. (KNOC).The Korea National Oil Corp. (KNOC) an…
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President Shin Jeong-shik of Korea Southern Power Co. (KOSPO) attends a ceremony to dedicate the Jeongam Photovoltaic Power Farm in Jeongseon, Gangwon-do, on March 25. (Photos: KOSPO)Korea Southern Power Co. (KOSPO) held a ceremony to dedicate the Jeongam Photovoltaic Power Farm in Jeongseon, Gangwo…
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President Hwang Chang-hwa of Korea District Heating Corp. (KDHC) conducts a special safety inspection into energy supply facilities in the Pangyo worksite south of Seoul. Korea District Heating Corp. (KDHC) is contributing to the development of the national economy by expanding district heating and …
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Vice Chairman Kim Yong-hwan of Hyundai Steel.Hyundai Steel plans to reduce air pollution emissions by more than 50 percent compared to current levels by 2021. Hyundai Steel said it will plow 530 billion to invest in facilities designed to reduce air pollution emissions, including floating dust, with…
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Dongkuk Steel President Chang Se-wook.An artist conception of the brand“Luxteel.”With the successful operation of CSP Steelworks in Brazil, a joint venture among Dongkuk Steel, POSCO and Vale, Dongkuk Steel is preparing for the future with continued development of new technologies and the simultan…
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President Park Sung-chul of KEPCO KDN. KEPCO KDN, a public entity specializing in energy and ICT, conducted a safety inspection into worksites to ramp up safety management. The inspection focused on safety, including whether workers comply with work manuals, making sure they are educated on safety p…
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President Hwang Young-sik of Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) delivers his opening speech at the 9th General Meeting of Overseas Mineral Resources Development Council (ORE:On ) at Glad Hotel in Yeouido, Seoul, on June 20.…
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Vice Minister Baek Won-kug of the Ministry of Land, Infrastructure and Transport (MOLIT) delivers a commemorative speech at a ceremony to celebrate “2025 Railway Day” anniversary in Lotte Hotel in Jung-gu, Seoul, on June 26. (Photo: MOLIT)&nbs…
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President Yoon Seog-dae of Korea Water Resources Management Corp. (K-water) poses with ambassadors to Korea from the EU and four EU member states as they toured K-water headquarters and research institute on May 13. (Photo: K-water)Korea Water Resour…
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President Kang Kyung-sung of Korea Trade-Investment Promotion Agency (KOTRA) and other KOTRA participants gesture while posing at an extended strategy meeting of trade and investment in the African region in Cape Town, South Africa, on May 30. (Photo…
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