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Oil&Gas Drilling
South Korea's Yoon Says Vast Amount of Oil, Gas Reserve Possible off East Coast
South Korean President Yoon Suk Yeol said on Monday he gave the green light to conduct exploration drilling of potentially vast oil and gas prospects that had b…
Net Zero
South Korea Plans 70% Carbon-Free Power Generation by 2038, Draft Shows
Children play in water as Wolseong Nuclear Power Plant is seen in the background in Gyeongju, South Korea, August 21, 2022. REUTERS/Kim Hong-Ji/File Photo Purch…
Wind Farm
BayWa r.e. And Hankuk Paper to Develop 60-MW Onshore Wind Project in South Korea
The project will support the Hankuk Paper and the country’s energy transition.Global renewable energy developer BayWa r.e. signed a memorandum of understa…
Nuclear Reactor
S. Korea to Build Up to 3 New Nuclear Reactors by 2038
Saeul Nuclear Power Plant in Ulsan, 299 kilometers south of Seoul (Nuclear Safety And Security Commission)South Korea plans to build up to three new nuclear rea…
Nuclear Power Plant (NPP)
KAERI and Seaborg Sign MoU on Cooperation
The Korea Atomic Energy Research Institute (KAERI) and Danish floating nuclear power plant developer Seaborg are to collaborate on advancing nuclear technologie…
Nuclear Power Plant (NPP)
KEPCO, ENEC to Jointly Promote Overseas Nuclear Projects
Emirates Nuclear Energy Corporation (ENEC) of the UAE and Korea Electric Power Cooperation (KEPCO) have signed a memorandum of understanding to bolster research…
LNG Carrier
ADNOC L&S Places New LNG Carrier Contracts With South Korean Shipyards
Adnoc L&S has been on a busy fleet expansion mode. The latest contracts for LNG carriers represent a significant upscaling of its capacity. (Image used for illu…
LNG
South Korea's KOMIPO and Vitol Extend Long-Term LNG Supply Contract
South Korea's Korea Middle Power Co (KOMIPO) and commodities trader Vitol (VITOLV.UL) on Tuesday agreed to extend an existing long-term liquefied natural ga…
Offshore Wind Power
Pacifico Seals Foundations Deal for 3.2 GW Project in US-Korean Offshore Wind First
Pacifico Energy Korea (PEK) has signed a Memorandum of Understanding with HSG Sungdong Shipbuilding to develop and supply foundations for the 3.2 GW Jindo offsh…
Hydrogen Fuel Vehicle
Hyundai Eyes First Hydrogen Supercar by 2026
Unveiled in 2022, the Hyundai N Vision 74 is a hydrogen fuel cell hybrid concept car inspired by the 1974 Hyundai Pony Coupe, set to evolve into the hydrogen-po…
Nuclear Power Plant (NPP)
Slovakia and South Korea Discuss Cooperation on New Nuclear
The Slovak Republic government is aiming to develop details of proposals for a new nuclear power unit at Bohunice by October - with South Korea, as well as the …
LNG
South Korean Petchem Firms Boost Cheaper LPG Use, Raise Output
A standing signboard showing the petrol (top 1.14 USD per litre) and diesel (middle 0.98 USD per litre) prices is seen in Seoul, South Korea, February 3, 2016. …
Offshore Wind Power
Offshore Wind to Contribute Positively to South Korea's Coastal Cities Economy With 87 Trillion Won in Investments and 770,000 Jobs
In pursuit of South Korea’s ambitious 14.3GW offshore wind installation targets by 2030, the construction of offshore wind farms could introduce over 770,…
Wind Farm
Baywa r.e. Enters Partnership With Hankuk Paper for South Korean Wind Project
BayWa r.e., a global renewable energy developer, service provider, and distributor, announced that it has signed a Memorandum of Understanding (MoU) with Hankuk…
Energy Storage Project
LG Energy Solution to Supply Batteries to Hanwha Q Cells in Largest-Ever ESS Deal
LG Energy Solution clinched a battery deal with Hanwha Q Cells, the largest the Korean battery maker has inked for energy storage systems (ESS) to date.Under th…
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