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President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex is expected to accelerate its green transformation (GX) by reducing carbon emissions and producing and exporting CORSIA (CEF) sustainable aviation fuel (SAF). GS Caltex produced 5,000 kiloliters of CORSIA SAF by mixing neat SAF, s…
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Vice Chairman Chung Ki-sun of HD Hyundai Heavy Industries Group. (Photos: HD Hyundai)HD Hyundai is accelerating its business cooperation with the U.S. Navy in the field of battleships. The company announced that senior officials in charge of the U.S. Navy’s ship business visited the HD Hyundai…
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President Kim Dong-cheol of Korea Electric Power Corp. gives a speech at a reception of a session to build a partnership between Korean and UK nuclear power circles.President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) is devoting himself to winning a nuclear reactor construction order from…
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Prof. Park Ho-jung of Korea University speaks on the theme “Current Status of Carbon Credit Trading System and Direction of Institutional Reform.” (Photos: KPX)Korea Power Exchange (KPX) successfully concluded the 18th Power Market Workshop at the Textile Center in Daechi-dong, Seoul, on Dec. 8.&n…
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Korea South-East Power Co. (KOEN) signed an agreement with the Carbon Reduction Certification Center of the Korea Chamber of Commerce and Industry, SK Group and Korea Hydro and Nuclear Power to join forces to explore the voluntary carbon credit exploration market, on the sidelines of the COP28 clima…
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President Kim Dong-sub of Korea National Oil Corp. (KNOC) poses with CEO Takahara Ichiro of JOGMEC of Japan during their meeting in which they agreed to materialize collaboration projects after consulting with their governments, at JOGMEC headquarters in Japan on Dec. 5. (Photos: KNOC)Korea National…
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S-OIL President Ryu Yeol and President Noh Kwang-guen of Noh & Partners pose at S-OIL headquarters in Mapo, Seoul, on Dec. 12 after they struck an MOU on a resources circulation ESG fund to achieve the circulation economy and carbon reduction. (Photo: S-OIL)S-OIL was inducted into the list of “…
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Chairman Park Joo-sun of Korea Petroleum Association (KPA). (Photo: KPA)The nation’s four refinery companies saw their petroleum product exports increase for the second straight year.Figures released by Korea Petroleum Association (KPA) on July 26 showed that the four refinery companies — SK …
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President Kim Dong-cheol of Korea Electric Power Corp., (KEPCO)Korea Electric Power Corp., (KEPCO) struggling with 200 trillion won in debts, managed to post about 2 trillion won in operating profit in the 3rd quarter of this year, for the first time in 10 quarters. The Q3 operating profit is a…
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President Choi Yeon-Hye of Korea Gas Corp. (KOGAS). (Photos: KOGAS)Korea Gas Corp. (KOGAS) hosted Korea Best Innovation Contest 2023 (KOGAS BIC 2023) at the company’s headquarters in Daegu on Nov. 9.KOGAS BIC is an annual event designed to evaluate and share innovative activities KOGAS has implemen…
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group recorded a net profit of 1.1324 trillion won in the third quarter, a 2.1% decrease from the same period of 2024. Its cumulative net profit for the …
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group announced its Q3 2025 business results on Oct. 30. Despite declining interest rates, KB Financial Group’s third-quarter net income reached 1.686 trilli…
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Nov. 3 that it will pilot its AI Moli Bank Service. AI Moli Bank is a digital bank branch powered by the core technologies and operational know-how of Shin…
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NongHyup Financial Group holds the “Love Kimchi Sharing” Event in Wangdaechu Village, Hongcheon-gun of Gangwon Province with the participation of NongHyup Chairman Lee Chan-woo, employees and villagers on Nov. 11. (Photo: NongHyup Financial Group)N…
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