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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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 …
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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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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…
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Deputy Prime Minister-Minister Bae Kyung-hoon of the Ministry of Science and ICT (MSIT), Vice Minister Lee Ho-hyun of the Ministry of Climate, Energy and Environment (MCEE), Chmn. Choi Won-ho of the Nuclear Safety and Security Commission (NSSC), Chmn…
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President Lee Jae-myung poses with heads of state and organizations at a meeting of the annual Group of 20 (G20) leaders’ summit in South Africa on Nov. 22. (Photos on the courtesy of the Presidential Office)President Lee Jae-myung returned home fro…
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President Lee Hag-jae of Incheon International Airport Corp. (IIAC) poses with President Omar N. Al-Midani of Vision Invest after they struck a contract on the operational service of Tashkent Airport in Uzbekistan on Oct. 14. (Photos: IIAC)Incheon In…
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President Kim Dae-ja of the Korea Agency for Technology and Standards (KATS), Chmn. Moon Dong-min of the Korean Standards Association and prize winners pose at the 51st National Quality Management Convention at COEX in Seoul on Nov. 19. (Photo: MOTIR…
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