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Oil & Gas
West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia
Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ
Oil & Gas
South Korea to Help Stabilise Energy Market Amidst Russia-Ukraine Conflict
South Korea is committed to helping stabilise the energy market amidst the conflict between Russia and Ukraine, Trade, Industry, Energy Minister Moon Sung-wook
New Energy Vehicles
EU Approves €95m Polish Aid for LG Chem’s EV Battery Plant Expansion
The European Commission has approved €95 million (£79.5m) of Polish aid for the expansion of LG Chem’s battery cell production facility for electric vehicles
Solar
Korean Solar Panel Giant Plans ‘Fully American’ Supply Chain
Korean solar energy giant Hanwha Solutions said it plans to build out a "fully American" supply chain, cautioning that government incentives to support domestic
New Energy Vehicles
Korean EV Battery Manufacturers Adhering to High-Nickel Batteries
South Korean electric vehicle battery manufacturers are continuing to concentrate on ternary batteries with maximum nickel content, despite soaring nickel price
Wind Power
Vestas Inks Deal in South Korea for 9-Gigawatt Offshore Wind Complex
Danish wind turbine manufacturer Vestas has signed a Memorandum of Understanding with Ulsan City, Ulsan Port Authority, and Sejin Heavy Industries & Constructio
Future Energy
Generating Carbon-Free Fuels
A metal foam could underpin a low-cost method for generating carbon-free fuels, researchers from KAUST have shown.
Nuclear Power
S. Korea Likely to Return to Nuclear Power Generation Under New Govt.
South Korea is likely to make a U-turn from its yearslong nuclear phase-out drive as President-elect Yoon Suk-yeol has vowed to scrap the policy and make the co
Wind Power
Ocean Winds, Aker Offshore Wind Secure 1.2 GW Floating Capacity in South Korea
Korea Floating Wind (KF Wind), a joint venture between Ocean Winds and Aker Offshore Wind, has secured an Electric Business License from South Korea’s Ministry
Coal
Rush to Replace Russian Coal Propels Fuel to Unprecedented Gains
A global race to secure coal sparked by fears of a shortfall in supply from Russia, one of the biggest producers, has sent prices to levels never seen before.
New Energy Vehicles
Hyundai to Introduce Another 17 Fully Electric Vehicle Models by 2030
South Korean automaker Hyundai has this week accelerated its electrification strategy with aims to introduce 17 new battery electric vehicle (BEV) models by 203
Solar
Mytilineos Completes South Korean Solar Project Construction
Mytilineos reaffirms its strategy of expanding its solar activity in markets around the world, announcing the completion of the construction of a 1.55 MW solar
Oil & Gas
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 & Gas
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.
Oil & Gas
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
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