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Nuclear Technology
South Korea to Test Decontamination Technology at Chernobyl
The Chernobyl nuclear power plant in Ukraine is to become a "testing ground" for South Korean technologies for the treatment of radioactively contaminated mater…
Carbon Neutral
S.Korea to Reach Net Zero Emissions by 2050
According to the World Bank, in 2019, Korea ranked as the world's 12th largest economy. As of 2019, it is also the world's seventh largest emitter.
South Korea
Hyundai Glovis to Develop World's First Liquefied Hydrogen Carrier
Hyundai Glovis has begun developing a large liquefied hydrogen carrier in cooperation with Hyundai Heavy Industries Group.
Floating Offshore Wind
DNV GL Forms Floating Pact with Korean Engineers
Agreement with Samsung Heavy Industries to develop foundations and remote maintenance technology.
Oil & Gas Trade
South Korea Increasing LNG Imports from the United States
The United States’ LNG exports hit an all-time high with a year-on-year increase of 40.1 percent. South Korea, the largest importer, increased its imports by 2…
Electric Vehicle Battery
LG Chem to Produce New EV Batteries for Tesla
LG Chem's share price gained 3.57 percent on Oct. 22 when Tesla announced earnings which exceeded market expectations.
Coal-Fired Power Plants
European Investment Firms Opposed to Coal Power Plant Construction in Vietnam
A total of 20 global investment firms sent an official letter to Korea Electric Power Corp. (KEPCO) and Samsung C&T on Oct. 21 in order to object to their coal-…
Coal Trade
Mechel Signs Long-Term Coal Supply Contract with STX Corp
STX Corp., One of South Korea’s major universal trading companies active in Asia Pacific.
Oil & Gas Trade
India Allows UAE's ADNOC to Export Oil from Strategic Reserve
Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage. India …
Hydrogen Fuel Cell
Doosan and Ceres Power Sign South Korea Fuel Cell Deal
Electrochemical company Ceres Power and Doosan Fuel Cell have signed a deal to build an initial 50MW fuel cell stack manufacturing facility in South Korea.
EV Market
Imported EV Sales Surge 8.5 Times in Korea in 2020
A total of 13,261 imported electric vehicles were sold in Korea in the first nine months of 2020, said the Korea Automobile Importers and Distributors Associati…
LNG
South Korea’s DSME Bags Orders for 6 LNG Carriers
South Korea’s Daewoo Shipbuilding & Marine Engineering has bagged two new orders to deliver six liquefied natural gas carriers.
Electric Vehicle Battery
Korean Battery Makers Perplexed by Continuing EV Fires
Following a series of Hyundai Motor's Kona electric vehicle battery fires, sales of EVs and plug-in hybrid electric vehicle from GM of the U.S. and BMW of Germa…
Energy Storage Technology
Scientists Develop a Micro-Supercapacitor Made of Graphene Ink
Researchers from the Daegu Gyeongbuk Institute of Science and Technology, South Korea, recently developed a low-cost energy storage device to power electronic d…
Energy Storage Battery
KNOT’s Shuttle Tankers to Feature Battery Technology
Two new shuttle tankers being built for Knutsen NYK Offshore Tankers at South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering will be fitted with ba…
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