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Former Vice President Suh Moon-kyu has been inaugurated as the new CEO of Korea National Oil Corp. on Aug. 17 in a ceremony held at the company’ s head office in Seoul. At the inaugural ceremony, the new president said he would lead the state-run oil company to build a global operation network thro…
Korea Southern Power Co. (KOSPO) is firing on all cylinders to expand its business environs abroad by securing a foothold in the Southeast Asian region. KOSPO and the Vietnamese Ministry of Science and Technology (MOST) jointly organized a workshop on combined cycle power in Hanoi on July 3. Th…
Korea Southern Power Co. (KOSPO) is firing on all cylinders to expand its business environs abroad by securing a foothold in the Southeast Asian region. KOSPO and the Vietnamese Ministry of Science and Technology (MOST) jointly organized a workshop on combined cycle power in Hanoi on July 3. Th…
Korea East-West Power (EWP) is stepping on the gas to lay a solid foundation for sustainable growth by spreading models for advancing shared growth and differentiating itself from others with reinforced social contribution activities. EWP is focusing on standardizing and spreading corporate mod…
Former Korea Electronics Technology Institute (KETI) President Choi Pyeong-rak took helm at the Korea Midland Power Co. (KOMIPO) as the sixth president at the KOMIPO head office on July 16.He delivered his inaugural speech in which he declared his new catchphrase, “Korea’ s Power Plant of Happines…
Korea South-East Power Co. (KOSEP) has an intrapreneurship program in place as part of its efforts to innovate management with the goal of tapping staff members’ capacities.KOSEP has become the first Korean power company to implement intrapreneurship in which each team, department, and site office …
The Ministry of Knowledge Economy (MKE) approved a plan to raise electricity charges an average of 4.9 percent effective Aug. 6.The announcement of the rise in electricity charges came shortly after the board of directors of Korea Electric Power Corp. (KEPCO) on Aug. 3 agreed to do so, with addition…
Samsung Electronics and Apple have not yet reached an out-of-court settlement during their second round of closed negotiations in the ongoing patent war between the global smart phone and tablet juggernauts. Samsung CEO Choi Gee-sung, now chief of Samsung Group Future Strategy Office, accompani…
Korea National Oil Corp. has declared its new corporate identity (CI) on July 2, which the oil company said signifies a K as in Korea, mixed with ancient patterns drawn from the ancient philosophy of Taeguk, to become the symbol of Korea and emboldens KNOC’s identity as a state-run company, while a…
Korea Western Power Co. (KOWEPO) strives to make its mark by successfully undertaking the 388MW gas-based combined cycle power plant project in the MIDC Industrial Complex in Vile Bhagad, Maharashtra, India. The $270 million project calls for building the combined cycle power plant and operatin…
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Policy/Politics
Minister of Trade, Industry and Energy Paik Un-gyu poses with KPA Chairman Kim Hyo-suk of the Korea Petroleum Association, GS Caltex Chairman Huh Jin-soo, SK Energy President Cho Kyung-mok, S Oil President Osman and Hyundai Oilbank President Moon Jon…
New President Oh Young-sik of Korail delivers his inaugural speech on ‘Feb. 20 at Korail headquarters in Daejeon.(Photos: Korail)Korea Railroad Corp. (Korail) will be one of the busiest organizations during the 2018 PyeongChang Winter Olympics as it…
Participants in the Workshop on Sharing the Results for Overseas Projects Forum hosted by the Korea Rail Network Authority(KR) raise their arms to make KR’s overseas projects profitable during the workshop on Jan. 11. Korea Rail Network Authority (…
President Park Sang-woo of Korea Land and Housing Corp. Korea Land and Housing Corp. (LH) announced on Feb. 11 that it will take part in 961 public project orders this year amounting to 9.2 trillion won, which is down 2.7 trillion won. The reduction…


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