Korean

Battery

U.S.-based joint battery venture of SK On, Hyundai Motor gets new name

SK On Co. has given its U.S. battery joint venture (JV) with Hyundai Motor Group the name Hyundai-SK Battery Manufacturing America (HSBMA), according to the Sou…

Electric Vehicles

ZEEKR Launches 7X SUV in South Korea Amid Final Certification

Chinese premium electric vehicle brand ZEEKR has confirmed the mid-size sports utility vehicle (SUV) ‘7X’ as its first model to launch in the South …

Energy Saving

Korean major Corporations Join Government Energy-Saving Push

South Korean President Lee Jae-myung on the 24th ordered public institutions to implement a five-day vehicle rotation system based on license plate numbers and …

SMR

DL E&C, X-energy First SMR Design Contract

DL E&C announced on the 25th that it has signed a contract with U.S. small modular reactor (SMR) company X-energy for an "SMR standardized design." The contract…

South Korea

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

LPG shipping company Dorian LPG has taken delivery of its dual-fuel LPG and ammonia very large gas carrier (VLGC/AC) carrier from a South Korean shipbuilder.Sou…

LNG

Samsung Heavy Industries Secures Two LNG Carriers

Samsung Heavy Industries announced on the 23rd that it signed a contract with an Oceania-based shipping company for two liquefied natural gas (LNG) carriers wor…

South Korea

Hyundai supplies Xcient fuel cell trucks for Uruguay zero-emission logistics project

March 20th - Hyundai Motor Company announced on Friday that it has provided eight Xcient hydrogen fuel cell trucks to an environmental logistics project in Urug…

United States

Terra Energy Center and Korate Asset Management Invest in Alaska's 1.25GW Coal-Fired Power Plant Project

according to data reported by the U.S. Department of the Interior, the American energy company Terra Energy Center plans to invest $1 billion (approximately KRW…

South Korea considers importing Russian oil

The South Korean government is pursuing the reintroduction of Russian crude oil imports, suspended since 2022, as the prolonged closure of the Strait of Hormuz …

Samsung SDI Collaborates with Automaker KGM to Develop Next-Generation Power Battery Technology

Recently, Samsung SDI announced that it has signed a Memorandum of Understanding (MOU) with South Korean automaker KG Mobility (KGM) to jointly develop next-gen…

Kia Sets Global Sales Target of 3.35 Million Units for 2026

On January 5, South Korean automaker Kia Corporation announced a new sales target in a regulatory filing. The document shows that the company plans to achieve g…

Offshore Wind Power

Vestas Secures Turbine Order for Sinan U Offshore Wind Project in South Korea

Wind power equipment manufacturer Vestas has recently secured an order to supply wind turbines for the Sinan U offshore wind project in South Korea. This marks …

South Korea

DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring

South Korean petrochemical firm DL Chemical announced on Monday that it has proposed permanently closing Yeochun NCC Co.'s No. 1 naphtha cracker, which has …

Nuclear Power Plant (NPP)

Turkish, Korean Firms Sign Cooperation Agreement

Türkiye Nükleer Enerji AŞ (TUNAS) and Korea Electric Power Corporation (KEPCO) signed a memorandum of understanding on nuclear energy cooperation dur…

South Korea

South Korean Milling Company Buys Around 50,000 Tons US Wheat

European traders reported that a South Korean flour milling group purchased an estimated 50,000 tons of milling grain from the United States at an international…