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Hyundai Oilbank President Moon Jong-bak.
The oil industry became one of the few big industries that ended 2015 with a big smile with operating profit skyrocketing to 4.8 trillion won, the second-highest figure in its history, while many other industries struggled due to the economic slump at home a…
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CEO Nasser Al-Mahasher of S-Oil.(Photo:S-Oil)
President Nasser Al-Mahasher of S-Oil Corp recalled that the oil refinery accomplished a great deal last year in its operational areas, despite the difficult global economy including the steep fall in the price of oil prices. He said management was tigh…
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Vice Chairman Huh Jin-soo of GS Caltex.
GS Caltex launched its local subsidiary in Monterrey, Nuevo Leon, Mexico, to build a plastic compounding plant and sell the product in North America, one of the three major markets in the world for the petrochemical product, the company said recently.
The oi…
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Vice Chairman Chung Chul-khil of SK Innovation.(Photo:SK Innovation)
SK Innovation, South Korea’s top oil refiner, on Feb. 4 posted its second-best performance to date in 2015 thanks to high refining margins on the back of increased global demand for oil products and reduced inventory losses.
The…
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Chairman Kwon Oh-joon of POSCO.
POSCO will export its Finex steel making technology to PKP of Iran, which is on the way to buildinf a $1.6 billion steel plant in the country. The Korean steel giant will take over an 8 percent stake in the proposed Iranian steel plant, according to the Ministry of T…
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Vice Chairman Chung Ui-sun of Hyundai Motor Group, 2nd R, introduces the auto group’s the G90 high-end sedan at Detroit Motor Show Jan. 15-24 in Detroit, Michigan, the U.S.. designed to compete in the luxury sedan market around the world.(Photo:HMG)
The 2016 North America International National Au…
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POSCO Chairman Kwon Oh-joon speaks at the POSCO Family 2016 opening ceremony.ArcelorMittal Chairman Lakshmi N. Mittal poses with POSCO Chairman Kwon Oh-joon, a member of the World Steel Association Executive Committee, after the former accepting the Innovation of the Year Award from the latter at th…
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Samsung Electronics Vice Chairman Lee Jay-yong.
Samsung Group has set “practicalness” as its 2016 management buzzword, indicating additional group-wide restructuring. Group CEOs have been told to explore new growth businesses and arm themselves with a sense of crisis, as the year 2016 is forecast…
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SK Group Chairman Chey Tae-won speaks at a ceremony to kick off the 2016 business year at the Walker Hill Hotel in Seoul on Jan. 4.
SK Business Group has been pursuing “game changing management” and concentrating its core capacities to tide over crises.
Thanks to the innovative management …
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LG Group Chairman Koo Bon-moo (Photo:LG Group)
In his New Year’s message, LG Group Chairman Koo Bon-moo stressed fundamental and anticipatory changes to overcome a crisis and ensure sustainable growth. He delivered the message on Jan. 4 in which he put forward three management tasks advanci…
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LS Cable & System President & CEO Koo Bon-kyu delivers a commemorative speech at a groundbreaking ceremony for the largest submarine cable manufacturing plant in Chesapeake, Virginia. LS Cable & System has become the first Korean com…
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President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex’s tedious efforts have paid off through private-public sector cooperation: persuading the International Maritime Organization (IMO) to allow general refueling ships to carry “B30 bio …
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President Kwon Myung-ho of Korea East-West Power (EWP). (Photos: EWP)Korea East-West Power Co. (EWP) revealed AI technologies for use in the energy sector at the 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. Th…
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Acting Chmn. Kim Hong-keun of Korea Power Exchange (KPX) poses with Moon Il-joo, head of the Technology Headquarters at Korea Electric Power Corp., Koh Kook-hyun, chief of the Management Support Headquarters at Korea District Heating Corp., Shin Yong…
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