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CEO Hussain Al-Qahtani of S-OIL. (Photos: S-OIL)S-OIL will conduct research and development in eco-friendly hydrogen, fuel cells and new energy businesses by collaborating with a fuel cell company. S-OIL announced that it has signed an R&D cooperation deal with Fuel Cell Innovations (FCI), …
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Hyundai Heavy Industries holds a ceremony to receive the design approval of its own auxiliary propulsion motor sail system model, dubbed “Hi-Rotor” from Korean Register (KR) at HHI headquarters in Ulsan on Aug. 26. (Photos: HHI)Hyundai Heavy Industries (HHI) is accelerating efforts to develop new …
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Senior officials with Korea Power Exchange (KPX) participate in a workshop on public entities’ roles and how to promote management innovation to comply with the new government’s state tasks at KPX Educational Institute on Aug. 1. (Photo: KPX)Korea Power Exchange (KPX) hosted a workshop on public e…
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Minister of Trade, Industry and Energy Lee Chang-yang, Seoul Mayor Oh Se-hoon and President Kim Ho-bin of Korea Midland Power (KOMIPO) pose at they participated in a ceremony to declare collaboration in energy efficiency innovation at Seoul Lotte Hotel on July 20, in which the power company signed a…
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GS Caltex President Hur Sae-hong and LG Chem Vice Chairman Shin Hak-cheol pose as they attended a ground-breaking ceremony for a verification plant to produce 3-Hydroxypropionic acid (3HP) at GS Caltex’s plant in Yeosu on July 28. (Photos: GS Caltex)GS Caltex has teamed up with LG Chem to build a w…
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S-Oil chalked up its best-ever business performance in the second quarter of this year. The achievement is owed to greater refining margins, influenced by insufficient supply, caused by Russia’s invasion of Ukraine. S-Oil predicts that refining margins will maintain a strong trend on the …
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A whole view of Jeongjo The Great. Hyundai Heavy Industries (HHI) held a ceremony to launch Jeongjo The Great, the lead ship of the KDX-III AEGIS destroyer project for the Navy, which was launched at HHI headquarters in Ulsan on July 28. Hyundai Heavy Industries (HHI) held a ceremony to launch …
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2nd MOTIE Vice Minister Park Il-joon speaks at a debate on a R&D roadmap for treating high-level radwaste at The K-Hotel in Yangjae-dong, Seoul, on July 20. (Photo: MOTIE)The government released an R&D roadmap to secure intermediate storage and deep geological disposal facilities by 2043 and…
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Vice Chairman Jang Se-wook of Dongkuk Steel presents a plague of appreciation to a long-serving female employee at a ceremony to mark the 68th anniversary on July 6. (Photos: Dongkuk Steel)While delivering his commemorative speech at a ceremony to mark the 68th anniversary at Ferrum Tower in Jung-gu…
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Korea Electric Power Corp. (KEPCO) and the Ministry of Trade, Industry and Energy (MOTIE) have decided to raise electricity rates by 5 won per kWh from July. The raise is insufficient to ease snowballing losses KEPCO has sustained, so the government is considering additional electricity rate hi…
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Geyongsangbuk-do Gov. Lee Cheol-woo. (Photo: Gyeongsangbuk-do)Gyeongsangbuk-do struck a contract to achieve self-sufficiency for defense semiconductors with major research institutions in the national defense and semiconductor sectors, universities a…
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President Kang Kyung-sung of Korea Trade-Investment Promotion Agency (KOTRA). CES 2026, the world’s largest innovative new technology exhibition, held under the catchphrase “Innovators Show Up,” wrapped up a four-day run in Las Vegas on Jan. …
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President Ahn Byung-gil of Korea Ocean Business Corp. (KOBC) poses with participating dignitaries at a ceremony to open KOBC’s first overseas branch in Singapore’s central business district. (Photo: KOBC)Korea Ocean Business Corp. (KOBC) has opened…
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President Lee Kyung-gyu of Incheon Port Authority and Kim Yong-tae, the head of the Incheon Regional Office of Oceans and Fisheries, poses with award winners at a ceremony to celebrate held a ceremony to celebrate Incheon Port’s record high coastal …
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