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LNG Carrier
Hyundai Heavy Industries Attains 94% of Order Intake Goal for 2021
Korea Shipbuilding & Offshore Engineering, an intermediate holding company in charge of the shipbuilding business of Hyundai Heavy Industries Group, attained 94…
Solar Power Plant
Hanwha Q Cells Ties up with Samsung to Provide Home Energy Solution
Their main target is Europe and the United States.
Oil Price
Oil Prices in S. Korea Hit 33-Month High
Retail oil prices in South Korea rose for the ninth consecutive week to reach the highest level in nearly three years amid a global oil rally.
Hydrogen Project
KHNP Completes Construction of Incheon Fuel Cell Power Plant
Korea Hydro & Nuclear Power held a building completion ceremony on July 2 for Incheon Fuel Cell Power Plant.
Nuclear Power Plant
China Joins ROK to Demand Revocation of Fukushima Water Release Plan
China's Foreign Ministry on Wednesday voiced support for a resolution adopted by the parliament of the Republic of Korea condemning Japan's plan to dump contami…
Crude Oil
S.Korea’s June Crude Oil Imports up 5.9% y/y – Preliminary Data
South Korea’s June crude oil imports rose 5.9% to 79.0 million barrels from a year earlier, preliminary data from the Ministry of Trade
Electric Car
LG Magna e-Powertrain to Start Business in July
LG Magna e-Powertrain, a joint venture between LG Electronics of Korea and Magna International of Canada, has jumped into the electric vehicle motor powertrain …
Nuclear Power Plant
S. Korea-U.S. Collaboration in Nuclear Power Industry Is of Great Value
South Korean President Moon Jae-in and U.S. President Joe Biden released a joint statement on May 21
South Korea
Korea Expands Presence in Battery Raw Materials Markets
Although Korean battery raw materials companies have increased their combined share of the global market, they still place third after China and Japan.
Hydrogen Project
SK Group Aiming to Become World's No. 1 Hydrogen Player
SK Group has set up a blueprint for a hydrogen economy. Its goal is to invest about 18 trillion won over the next five years and become the world's No. 1 hydrog…
Net Zero Emission
KB Financial Group to Walk Towards Carbon Neutrality for Future Generations
KB Financial Group held its environmental, social, and corporate governance commitments on June 24 to declare "KB Net Zero S.T.A.R." as a mid- to long-term carb…
Smart City
K-City Network Global Cooperation Program to Commence Soon
The Ministry of Land, Infrastructure and Transport announced on June 23 that this year’s K-City Network Global Cooperation Program would be initiated in 11 sel…
Nuclear Power Plant
Cooperation with the U.S. May Hinder Korea's Nuclear Power Plant Exports
South Korean President Moon Jae-in and U.S. President Joe Biden had their first summit and released a joint statement on May 21.
Hydrogen Project
Hyosung Group and Linde Korea Start to Build Liquefied Hydrogen Plant in Ulsan
Hyosung Heavy Industries and Linde Korea held a groundbreaking ceremony for a liquefied hydrogen plant at Hyosung Chemical’s Yongyeon Plant in Ulsan on June 21…
Wind Power Project
Vestas Receives Order from Yeongwol Eco Wind Co. Ltd
Vestas has received a 46 MW order from Yeongwol Eco Wind Co., Ltd. for the Yeongwol Eco Wind Project in Korea. Co-owned with E1 Corporation and to be constructe…
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