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Biz & Tech

Energy

Mon, January 27, 2020 | 04:11

INGINE flexes muscles to expand wave-power biz in Europe, Africa

INGINE flexes muscles to expand wave-power biz in Europe, Africa

Lee Sung-won, head of INGINE's London office - registered as INGINE Wave Energy Systems Ltd - and his MASEN counterpart Mustapha Bakkoury took part in the signing ceremony on Jan. 21 at the U.K.-Morocco Business Dialogue in London.

Park Si-soo | 2020-01-23 13:53

Happy Lunar New Year!

Happy Lunar New Year!

S-Oil CEO Hussain Al-Qahtani delivers a box of rice cakes to a senior citizen living alone in Yeongdeungpo-gu, western Seoul, Monday. The CEO took part in the volunteer activity along with 100 other employees to celebrate his first Lunar New Year in Korea. / Courtesy of S-Oil

Kim Jae-heun | 2020-01-20 17:58

Korea Gas Corporation provides clean, safe natural gas for 36 years

Korea Gas Corporation provides clean, safe natural gas for 36 years

Since the year 2000, when there were only 58 natural gas buses in the country, the number has increased to 27,422 as of November 2018.

Jung Hae-myoung | 2020-01-20 17:17

Celltrion says talks underway for potential merger

Celltrion says talks underway for potential merger

Celltrion said Friday it was reviewing the possibility of a potential merger between group affiliates after Chairman Seo Jung-jin floated the idea in a healthcare forum in the United States, a day before.

Kim Yoo-chul | 2020-01-17 16:52

For a strong start in 2020

For a strong start in 2020

S-Oil CEO Hussain Al-Qahtani, right, gives an employee a high five during the company's hiking event to commemorate the New Year on Mount Cheonggye in southern Seoul, Saturday. During the event, Al-Qahtani said the refiner plans to expand desulfurization facilities and ongoing petrochemical projects this year to comply with strengthening international regulations on sulfur co...

Nam Hyun-woo | 2020-01-12 16:50

Qatargas launches 'Warm Their Hearts' campaign supporting orphans in Korea

Qatargas launches 'Warm Their Hearts' campaign supporting orphans in Korea

Qatargas Operating Company Limited (Qatargas) launched a new Corporate Social Responsibility (CSR) initiative in Korea, entitled "Warm Their Hearts," in line with the Company's commitment to make a difference in the communities it has energy relations with.

2020-01-10 10:06

Korean firms brace for potential fallout from Mideast tensions

South Korean refiners and petrochemical companies are bracing for potential fallout from the U.S. killing of a top Iranian general, which has already sent global oil prices higher, industry sources said Monday.

2020-01-06 16:46

South Korea in dilemma over Hormuz deployment

Rising oil prices from US-Iran conflict pose risk to Korea

Rising oil prices from US-Iran conflict pose risk to Korea

International oil prices are likely to continue on an upward spiral in the wake of the U.S.-Iran conflict triggered by Friday's drone assassination of the head of Iran's elite Quds Force Qasem Soleimani, according to market experts, Sunday.

Kwak Yeon-soo | 2020-01-05 17:11

Will LG Chem spin off battery business this year?

Will LG Chem spin off battery business this year?

Anticipation is rising that LG Chem will spin off its rechargeable battery business as a separate body this summer, drawing hope that its newly separated firms will see benefits in their valuation, according to analysts, Friday.

Nam Hyun-woo | 2020-01-03 18:36

Electricity costs may rise next year

Electricity costs may rise next year

The South Korean state-run utility firm Korea Electric Power Corp. (KEPCO) is likely to raise electricity costs next year, as it grapples with poor earnings amid a new energy policy drive, industry sources said Tuesday. On Monday, the country's sole electricity provider said it will scale down discounts offered to local households, along with other benefits, gradually.

2019-12-31 15:31

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