Korea

Crude Oil

Factbox: Asian buyers of Russian oil, gas and coal

As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c…

Oil Price

Gas Prices in Seoul Top 1,800 Won Per Liter

Gas prices in Seoul topped 18-hundred won per liter on Monday for the first time in 14 weeks.

LNG

S. Korea Contemplating Sharing LNG with Europe amid Ukraine Crisis

South Korea is thinking seriously about sharing its liquefied natural gas (LNG) inventories with Europe amid looming supply disruptions sparked by the Ukraine c…

Solar Technology

South Korea: First SK

South Korea Government and SK fuel retail opened the first 'total super energy' station that charges electric vehicles and generates electricity from fuel cell…

Oil Price

South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading

South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…

Wave Energy

INGINE Announces 2022 Wave Energy Plans

South Korean wave energy developer INGINE is revealing ambitious growth plans for 2022, plotting further global expansion and new projects to accelerate commerc…

Ammonia

South Korean, Malaysian Firms Sign H2, Ammonia Deal

South Korean firms Samsung Engineering, Lotte Chemical and Posco today signed an agreement with SEDC Energy, a subsidiary of state-owned Sarawak Economic Develo…

Offshore Wind Power

Ocean Winds, Aker Secure Korean 870MW Offshore Permit

Electric business licence key step to realising 'world's first' commercial scale floating wind farm

Nuclear Policy

S. Korea Remains Committed to Nuclear Phaseout Scheme: Energy Minister

South Korea remains committed to its policy of phasing out nuclear power plants as part of efforts to achieve carbon neutrality.

South Korea

S Korea Election Offers Potential for Nuclear Change

South Korea's upcoming presidential election on 9 March opens up the possibility for a sharp change in the country's nuclear policy.

Energy Security

SK Innovation Develops Technology to Prevent ESS Fires

With fires raising concern over the safety of energy storage batteries, SK Innovation has developed a new type of energy storage system that can prevent the spr…

Offshore Wind Power

Ørsted Signs MoUs with Leading Korean Utilities and Takes Important Step in the Development of Incheon Offshore Wind Project

Ørsted has signed MoUs with Korean state-owned utilities Korea Southern Power and Korea Midland Power for the development of the 1.6 GW Incheon offshore wind …

South Korea

Saudi Aramco Signs 10 Agreements with South Korean Companies to Advance Co-Operation

State-owned oil company signed one deal and nine preliminary agreements with South Korean companies

Electric Vehicle Battery

Korean Companies Focusing on All-Solid-State Battery Development

South Korean electric vehicle battery manufacturers are increasing their efforts to start the mass production of all-solid-state batteries as early as possible.

South Korea

South Korean President Visits UAE, Showcasing Deep Ties

The president of South Korea has reached a preliminary multibillion-dollar deal to sell Seoul’s surface-to-air missiles to Abu Dhabi and pledged deeper coopera…