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A view of KEPCO headquarters in Naju, Jeollanam-do. (Photo: KEPCO)Korea Electric Power Corp. (KEPCO) is predicted to sustain around 30 trillion won in cumulative losses in 2022, but KEPCO has shored up its financial structure worth about 400 billion won through the sale of assets for the past six mo…
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A view of Korea South-East Power Co. headquarters in Jinju, Gyeongsangnam-do.President Kim Hoe-chun of Korea South-East Power Co. (KOEN) (Photos: KOEN)Korea South-East Power Co. (KOEN) has been building a new business model in the owners engineering (OE) sector of independent power plants. OE refers…
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KPX Chairman Jung Dong-hee, and Labor and management representatives from Korea Power Exchange (KPX) pose after purchasing items from a shop in a traditional market, which were donated to help marginalized neighbors. Korea Power Exchange (KPX) said on Dec. 23 that the peak power demand had reac…
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A view of HD Hyundai 50th anniversary at the Global R&D Center in Pangyo, Gyeonggi-do, on Dec. 26. (Photos: HD Hyundai)Hyundai Heavy Industries Group, marking the 50th anniversary, has made a fresh start with its new name, HD Hyundai. The business group designated the new name and held a ce…
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President Kang Dal-ho of Hyundai Oilbank. (Photos: Hyundai Oilbank)Hyundai Oilbank has continued to conduct activities to promote regional shared growth at the Daesan area in Seosan City, the location of Hyundai Oilbank headquarters. Hyundai Oilbank has implemented a project to secure a market …
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Prime Minister Han Duck-soo convened a meeting of the Regulatory Reform Committee at the Seoul Government Complex on Nov. 25, which approved the introduction of a cap in the system marginal price (SMP) with which Korea Electric Power Corp. (KEPCO) purchases electricity from power generation companie…
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Notables, including Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy (MOTIE), participate in a ceremony to dedicate Shin Hanul Unit 1 at the site of Shin Hanul Nuclear Power Plant on Dec. 14. (Photo: MOTIE)In his speech at a ceremony to dedicate Shin Hanul Nuclear Power Unit 1 a…
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S-OIL President Ryu Yeol of Corporate Strategy & Services and award winners pose at the 12th Outstanding Degree Thesis Awards and 4th Next-Generation Scientist Awards ceremonies at S-OIL headquarters in Gongdeok-dong, Seoul, on Dec. 9. (Photo: S-OIL)The S-OIL Science and Culture Foundation held …
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President Kang Dal-ho of Hyundai Oilbank. (Photos: Hyundai Oilbank)Hyundai Oilbank agreed to extend a supply contract for petroleum products to Sunoco, a U.S. petroleum product distributer, for next year, the Korean refinery said on Nov. 3. With the extending of the petroleum product supply agr…
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Lim Jung-mook, KHNP’s Cairo Office Head, and Yu Dae-yong, Doosan Enerbility’s Cairo Branch Director, attend a ceremony to sign the contract for construction of the turbine island of the El Dabaa Nuclear Power Plant in Egypt on Nov. 9. (Photo: Doosan Enerbility)Doosan Enerbility is flexing its musc…
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Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
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On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
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KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
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President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…
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