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President Yang Su-yeong of Korean National Oil Corp. is seen on an inspection tour of the oil refinery facilities in Ulsan. (Photos: KNOC)The Korea National Oil Corp. (KNOC) has taken the first step toward reducing its debt and stabilizing its business. The state-run firm decided to sell its stake i…
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President Kang Dal-ho of Hyundai Oilbank. (Photo: Hyundai Oilbank)Hyundai Oilbank Co. and petrochemical firm Lotte Chemical Corp. have joined hands to build a heavy-feed petrochemical complex (HPC) at a combined investment of 2.7 trillion won ($2.5 billion).Hyundai Oilbank CEO Moon Jong-bak and Lott…
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President Kim Jong-kap of Korea Electric Power Corp. (Photo: KEPCO)Korea Electric Power Corp. (KEPCO) is predicted that its financial soundness will take a turn for worse, caused by a rise in policy costs related to the expansion of new and renewable energies in accordance with the government’s ene…
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Ahn Dae-geun, head of the KHNP Washington D.C. Center, receives the standard design approval for the APR 1400 design from Frederick Brown,director of the Division of Inspection and Regional Support in the Office of Nuclear Reactor Regulation. (Photos: KHNP)The Advanced Power Reactor 1400 (APR1400), …
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A view of a gas exploration site off East Sea. (Photos: KNOC)President Yang Su-yeong of Korean National Oil Corp. is seen on an inspection tour of the oil refinery facilities in Ulsan. (Photos: KNOC)President Yang Su-yeong of the Korea National Oil Corp. (KNOC).The Korea National Oil Corp. (KNOC) an…
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President Shin Jeong-shik of Korea Southern Power Co. (KOSPO) attends a ceremony to dedicate the Jeongam Photovoltaic Power Farm in Jeongseon, Gangwon-do, on March 25. (Photos: KOSPO)Korea Southern Power Co. (KOSPO) held a ceremony to dedicate the Jeongam Photovoltaic Power Farm in Jeongseon, Gangwo…
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President Hwang Chang-hwa of Korea District Heating Corp. (KDHC) conducts a special safety inspection into energy supply facilities in the Pangyo worksite south of Seoul. Korea District Heating Corp. (KDHC) is contributing to the development of the national economy by expanding district heating and …
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Vice Chairman Kim Yong-hwan of Hyundai Steel.Hyundai Steel plans to reduce air pollution emissions by more than 50 percent compared to current levels by 2021. Hyundai Steel said it will plow 530 billion to invest in facilities designed to reduce air pollution emissions, including floating dust, with…
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Dongkuk Steel President Chang Se-wook.An artist conception of the brand“Luxteel.”With the successful operation of CSP Steelworks in Brazil, a joint venture among Dongkuk Steel, POSCO and Vale, Dongkuk Steel is preparing for the future with continued development of new technologies and the simultan…
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President Park Sung-chul of KEPCO KDN. KEPCO KDN, a public entity specializing in energy and ICT, conducted a safety inspection into worksites to ramp up safety management. The inspection focused on safety, including whether workers comply with work manuals, making sure they are educated on safety p…
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President Lee Jae-myung shakes hands with Chinese President Xi Jinping prior to their summit talks at the Gyeongju National Museum on Nov. 1. (Photos on the courtesy of the Presidential Office)APEC 2025 Korea, which took place over a four-day run in …
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CEO Kang Yong-seok of Korea Marine Environment Management Corp. (KOEM) poses with attendees as they participated in the “Ocean Climate Change Surveillance and Prediction Forum” at Kensington Hotel in Yeouido, Seoul, on Oct. 22.Korea Marine Environm…
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Geyongsangbuk-do Gov. Lee Cheol-woo. (Photos: Gyeongsangbuk-do)The Gyeongsangbuk-do provincial government has unveiled next year’s 14,036.3 billion won budget plan, focusing on investments in five core areas by capitalizing on the successful hosting…
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President Jung Ki-suck of the National Health Insurance Service poses for a group photo with other attendees as they participated in the “NHIS UHC Global Academy 2025” at the Oak Valley Resort in Wonju, Gangwon-do, which took place from Nov. 3 unti…
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