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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won project to develop a carbon free energy power plant at Y…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively respond to changes of the shipbuilding industry b…
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(from left) Chmn. Koo Ja-kyun of LS ELECTRIC, President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) and President Koo Bon-gyu of LS Cable & System attend a ceremony to strike an MOU on building a data center superconductivity power gird network at LS Tower in Yongsan, Seoul, on July 10.…
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President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) (Photos: KHNP)Korea Hydro & Nuclear Power (KHNP) held the “Team Korea Project Promotion Strategy Meeting for the Czech New Nuclear Power Project” to implement the new nuclear power project in the Czech Republic at its headquarters…
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President Lee Young-jo of Korea Midland Power Co. (KOMIPO), major department chiefs and working-level officials participate in a ceremony to inaugurate the KOMIPO National Task Promotion Committee on Aug. 13. (Photo: KOMIPO)Korea Midland Power Co. (KOMIPO) launched the KOMIPO National Task Promotion…
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Chairman Koo Ja-eun of LS Group. (Photos: LS Group)The “One Big Beautiful Bill Act (OBBBA)” which went into force after it was signed by U.S. President Donald Trump, has made Korean companies stand on the guard due to curtailment and early termination of subsidies caused by the act. But LG Gr…
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Chairman Park Jung-won of Doosan Group. (Photo: Doosan Group)Doosan Enerbility said on July 23 that it had obtained a type certification from Underwriters Laboratories (UL), the global leader in product safety testing and certification, for its 10MW offshore wind turbine (DS205-10MW model). Thi…
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GS Caltex CEO Hur Sae-hong attends a Generative AI training session for its executives at GS Caltex headquarters in GS Tower on July 4.GS Caltex announced on July 8 the launch of its in-house generative AI platform ‘AIU’ as part of ongoing efforts to accelerate the company’s digital transformatio…
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President Kim Dong-sub of Korea National Oil Corp. (KNOC) participates in a ceremony to strike a deal on the extension of the production sharing contract (PSC) for Vietnam’s Block 15-1 on June 20. (Photo: KNOC)Korea National Oil Corp. (KNOC) has secured new exploration rights for the Block 15-1, Vi…
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한국석유공사(사장 김동섭)는 2024년 국내 석유수급 통계를 확정하고, 자사 석유정보망 ‘페트로넷’을 통해 공표했다. 공사에 따르면, 2024년 우리나라 원유 수입량은 전년 대비 2.3% 증가한 10.3억 배럴을 기록했다. 중동산 원유 비중은 71.5%로 전년(71.9%) 대비 소폭 감소한 반면, 미주산 원유 비중은 21.6%로…
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President Hong Beom-sik of LG Uplus. (Photos: LG Uplus)LG Uplus said on Oct. 23 that a paper on its in-house developed Generative AI technology “ixi-GEN” was recognized by EMNLP 2025, one of the world’s top natural language processing (NLP) confer…
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LG Uplus CISO and CPO Hong Kwan-hee explains security-first strategies at a meeting on security strategies at LG Uplus office building in Yongsan, Seoul, on July 29. (Photo: LG Uplus)LG Uplus has unveiled “U-Dok Pick AI,” combining a variety of AI …
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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