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President Yang Su-yeong of Korea National Oil Corp. shakes hands with CEO Sultan Al Jaber of ADNOC and also the Minister of State, after signing an agreement to secure the right to explore oil at Haliba Oil field in UAE in July 2, 2019.A Korean consortium consisting of state-run Korea National Oil C…
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Participants pose at a demand technology matchmaking event designed to develop the system semiconductor industry, hosted by Korea Gas Corp. (Photo: KOGAS)Korea Gas Corp. (KOGAS) hosted a demand technology matchmaking event designed to develop the system semiconductor industry by inviting the Korea E…
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A bird's eyeview of Capital-area Multi-fuel Service Station in Koyang, Gyeonggi Province that Hyundai Oilbank is to set up around the country by year-end this year. (Photos: Hyundai Oilbank)Hyundai Oilbank, a major Korean refiner, will open the country’s first multi-energy station that offers all t…
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President Huh Yong-soo of GS Enegy, L, and his counterpart, Lim Byung-yeon,at Lotte Chemical hold a copy of the MOU they signed on July 15. (Photo:Lotte Chemical)Lotte Chemical Corp. is adding a compound plant in its petrochemical complex in Yeosu, South Jeolla Province, by the end of the year in a …
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President Kim Jong-gap of Korea Electric Power Corp. (KEPCO)Korea Electric Power Corp. (KEPCO) has become the first Korean power company to land a gas combined cycle power plant project in the United States. KEPCO was selected as a preferred bidder to build and operate the 20MW, Dededo Gas-fired Com…
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KOMIPO President Park Hyung-gu and his staff pose for a group photo session after KOMIPO won the management innovation prize at the 2019 Korea Innovation Grand Prix awards ceremony hosted by the Korean Standards Association. (Photo: KOMIPO) Korea Midland Power Co. (KOMIPO) was honored with the manag…
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KNOC President Yang Su-yeong, GS Energy President Huh Hong-soo and President Sultan Ahmed Al Jaber of ADNOC are among those lined for a photo session to celebrate the oil production at oil fields at Haliba, Abu Dhabi, in a consortium made up of Korean firms and an UAE firm for the first time. (Photo…
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President Chae Hee-bong of Korea Gas Corp. is all smiles with the bouguet of flowers given to him by staff during an inauguration ceremony. (Photo:KOGAS)President Chae Hee-bong took office as the 17th CEO of Korea Gas Corp. in a ceremony held at the International Conference Room of the company’s he…
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A view of the Hyundai Oilbank’s Daesan oil refinery in Daesan,South Chungcheong Province. (Photo: H. Oilbank)Hyundai Oilbank Co., a refining unit under Hyundai Heavy Industries Group, said June 27 that it secured a 2.08 trillion-won ($1.8 billion) deal to sell petroleum products to an affiliate of …
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LSIS Chairman Koo Ja-kyun. (Photo: LSIS)LSIS won a large-scale project to construct and manage a 50MW solar power farm in Morioka, Iwate Prefecture, Japan. The latest deal followed the company’s recent landing of Korea’s largest photovoltaic power plant project in Yeongam, Jeollanam-do.Riding on t…
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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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