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The Ministry of Knowledge Economy (MKE) and Korea Gas Corp. (KOGAS) announced recently that a large gas deposit was found in the Area 4 Mining District in the Northern Sea off Mozambique on Aug. 1.The announcement said the gas deposit would contain some 2.3 billion tons of gas in the 5th exploration…
The Ministry of Knowledge Economy (MKE) and Korea Gas Corp. (KOGAS) announced recently that a large gas deposit was found in the Area 4 Mining District in the Northern Sea off Mozambique on Aug. 1.The announcement said the gas deposit would contain some 2.3 billion tons of gas in the 5th exploration…
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…
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…
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Policy/Politics
Large volumes of cargo are loaded onto a Korean Air Cargo plane at the Korean flag-carrier’s designated cargo terminal of Incheon International Airport. (Photo: Incheon International Airport) Incheon International Airport Corp. said the internation…
Chairman Kim Nak-soon of Korea Racing Authority(KRA). Chairman Kim Nak-soon of the Korea Racing Authority (KRA) discussed international cooperation with the chairman of the Asian Racing Federation (ARF) at its head office in Gwacheon, Gyeonggi Provi…
President Kim Jae-hyun of Korea Forest Service announces the major plans for KFS for 2018 on Feb. 5 Korea Forest Service(KFS) has been working to spread the paradigm of its forest service policies, “Spreading Enjoy Living and Work at the Forest,” …
Minister Paik Un-gyu of the Ministry of Trade, Industry and energy gives words of encouragement to crew of the construction site of the Barakah Nuclear Power Plant in the United Arab Emirates while making an inspection tour there on Feb. 24. (Photo: …


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