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S-OIL President Ryu Yeol and President Noh Kwang-guen of Noh & Partners pose at S-OIL headquarters in Mapo, Seoul, on Dec. 12 after they struck an MOU on a resources circulation ESG fund to achieve the circulation economy and carbon reduction. (Photo: S-OIL)S-OIL was inducted into the list of “…
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Chairman Park Joo-sun of Korea Petroleum Association (KPA). (Photo: KPA)The nation’s four refinery companies saw their petroleum product exports increase for the second straight year.Figures released by Korea Petroleum Association (KPA) on July 26 showed that the four refinery companies — SK …
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President Kim Dong-cheol of Korea Electric Power Corp., (KEPCO)Korea Electric Power Corp., (KEPCO) struggling with 200 trillion won in debts, managed to post about 2 trillion won in operating profit in the 3rd quarter of this year, for the first time in 10 quarters. The Q3 operating profit is a…
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President Choi Yeon-Hye of Korea Gas Corp. (KOGAS). (Photos: KOGAS)Korea Gas Corp. (KOGAS) hosted Korea Best Innovation Contest 2023 (KOGAS BIC 2023) at the company’s headquarters in Daegu on Nov. 9.KOGAS BIC is an annual event designed to evaluate and share innovative activities KOGAS has implemen…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photo: S-OIL)S-OIL saw its Q3 operating profit improve noticeably on the back of a greater refining margin and rising international crude oil prices. S-OIL chalked up 8,999.6 billion won in sales and 858.9 billion won in operating profit in the 3rd quarter of t…
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President Joo Young-min of HD Hyundai Oilbank and Chairman Seung Beom-soo of Korindo Group pose after they struck a deal with to purchase 40,000 tons of palm fatty acid distillates at Koringdo headquarters in Indonesia on Oct. 31. (Photos: HD Hyundai Oilbank)HD Hyundai Oilbank is hitting the gas to …
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President Park Hyung-duck of Korea Western Power (KOWEPO) and other KOWEPO executives gesture at a ceremony to declare the “D-100 Safety Campaign” designed to uproot serious industrial disasters, at KOWEPO headquarters in Taean, Chungcheongnam-do, on Sep. 25. (Photos: KOWEPO)Korea Western Power (K…
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President Kim Ho-bin of Korea Midland Power Co. (KOMIPO) poses with Suh Woo-duck, deputy general manager with Boryeong Power Complex at a ceremony to declare KOMIPO’s top 50 innovation tasks at KOMIPO headquarters in Boryeong, Chungcheongnam-do, on Oct. 23. (Photos: KOMIPO)Korea Midland Power Co. (…
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President Joo Young-min of HD Hyundai Oilbank.HD Hyundai Oilbank is aiming to make a shift into an eco-friendly energy platform to bolster sustainable growth. The refinery company is expanding and transitioning eco-friendly future businesses based on experiences and facilities the company has a…
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A whole of the fourth underseas line of LS Cable & System’s Donghae Plant and vertical continuous vulcanization(VCV) tower. The vertical continuous vulcanization (VCV) tower of LS Cable & System’s plant in Donghae, Gangwon-do, is a super high-rise facility adjoining the East Sea, whic…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank’s stagnant bu…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expec…
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Joo Hyung-hwan, vice chairman of the National Committee for Low Birthrate and Aging Society poses for a photo with KB Kookmin Bank officials in a work-life balance meeting on Feb. 25. (Photo: KB Kookmin Bank)KB Kookmin Bank is practicing win-win fina…
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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7…
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