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Korea Power Exchange (KPX) organizes a session to present the development of the Power System Health Index (PSHI) and prognosis & diagnosis algorithm at the KPX headquarters in Seoul on Sept. 3.(photo: KPX) Korea Power Exchange (KPX) has developed the Power System He…
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An overall view of KOMIPO’s Boryeong Thermal Unit 3, which set a record of 5,000 consecutive days of trouble-free operation. (photo: KOMIPO) Korea Midland Power Co. (KOMIPO) is one of the nation’s six power subsidiaries of the state-run Korea Electric Power Corp. (KEPCO…
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Korea East-West Power (EWP) operates a 1MW-class photovoltaic power system on the water inlet channel of the Dangjin Coal Fired Power Complex. Korea East-West Power Co., Ltd (EWP)) has shared with relative companies the technology and knowhow to construct a 30MW-class, biomass (wood…
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Cho In-kook, the new president of Korea Western Power Co. (KOWEPO) delivers his inaugural speech as he takes office as the sixth president of KOWEPO. (photo: KOWEPO) Cho In-kook, former vice president of Korea Electric Power Corp. (KEPCO), took the helm at Korea Western Power Co. (K…
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Heo Yup, the new president of Korea South-East Power Co. (KOSEP), gives his inaugural speech at his company as he takes the helm at KOSEP on Sept. 26. (photo: KOSEP) Heo Yup, former head of Korea Electric Power Corp. (KEPCO)’s construction division, took the helm at Korea Sou…
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A view of the Demir Dagh-2 site of the Hewler Mining Bloc in the Kurdish autonomous region in Iraq, where KNOC discovered oil in July and pumping up 10,000 bbls of crude oil daily. (inset) Korea National Oil Corp. President Suh Moon-kyu. Korea National Oil Corp. (KNOC) discover…
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SK Innovation has seen the exploration & production (E&P) business produce 71,000 barrels of oil equivalent per day in the second quarter of this year since the company made inroads into the E&P business 30 years ago, becoming the first private company to surpass the 70,000 b…
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CEO Nasser Al Mahasher of S-Oil. Established in 1976, S-OIL has grown into a leader of the domestic refining industry, making substantial contributions to the economy and quality of life in Korea through stable energy supply and petroleum export. Today, S-OIL is proudly positioned as a g…
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Top officials of Hyundai Oilbank and Lotte Chemical hold hands after siging an MOU to set up a petrochemcial plant in joint venture on July 17 at Lotte Hotel in Seoul. President Kwon Oh-kap of Hyundai Oilbank and President Hur Soo-young of Lotte Chemical signed the instrument. &n…
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Vice Chairman Huh Jin-soo delivers a conguratulatory speech at the oil refinery's 46th anniversary on Sept. 19 at GS Tower in Seoul. Vice Chairman Huh Jin-soo of GS Caltex celebrated the 46th anniversary of the first private oil refinery in Korea on Sept. 19.
The vice c…
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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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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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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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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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