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Oil & Gas
Oil Refiners to Begin Olefin Business in 2nd Half of 2021
GS Caltex and Hyundai Oilbank will start operating their olefin facilities in the second half of 2021, signaling a big change in the petrochemical industry.
Hydrogen
Ørsted and POSCO Sign MoU to Strengthen Collaboration on Offshore Wind Energy and Renewable Hydrogen in Korea
Ørsted, the world’s most sustainable energy company, and POSCO Group, one of the largest conglomerates in Korea, today announced the signing of a MoU to expan
New Energy Vehicles
Hyundai Aims to Sell One Million EVs per year by 2025
The move will result in a 50% reduction in models powered by fossil fuels, one of the people said, adding the strategy was approved by top management in March
Nuclear Power
South Korea and United States to Cooperate in Nuclear Power Industry
U.S. President Joe Biden and South Korean President Moon Jae-in released a joint statement on May 21 and declared that they would cooperate in the global nuclea
Oil & Gas
S Korea's SK Energy to Limit Q2 Oil Product Output Amid Fragile Asian Demand
Transportation fuels -- including gasoline, diesel and jet fuel -- saw their refining margins improve sharply from 2020 levels amid a pick up in mobility, but S
Oil & Gas
Samsung Heavy Industries Completes LNG Pilot Test Facility
Samsung Heavy Industries has started to pursue a "super-gap strategy" in LNG technology by completing an integrated LNG pilot test facility.
Hydrogen
Doosan Mobility Innovation Accelerating UAM Technology Development
Doosan Mobility Innovation has formed an urban air mobility task force at its R&D center to accelerate technology development.
Nuclear Power
KHNP Applies to Dismantle Kori 1
Korea Hydro & Nuclear Power has applied to the Nuclear Safety & Security Commission for approval to dismantle unit 1 of the Kori nuclear power plant near Busan.
Hydrogen
Hyundai Motor Partners with Bloomberg to Promote Hydrogen Campaign
On a quest to accelerate hydrogen mobility-related business, Hyundai Motor Co. is taking one more step towards improving public awareness of the transition towa
New Energy Vehicles
SK Innovation: More Battery Order Wins Expected
Maintain BUY and revise up our target price to KRW400,000
Hydrogen
Lotte Chemical to Make Foray into Green Hydrogen Business
Lotte Group has decided to enter the hydrogen business to create a new growth driver and at the same time strengthen ESG management.
Coal
S Korea Coal Imports Drop Amid Voluntary Restrictions
South Korean thermal coal imports fell on the year in April amid a likely drop in coal-fired generation, driven in part by voluntary restrictions on the use of
Wind Power
South Korea Takes Step Away from Fossil Fuel with Offshore Wind Farm
South Korea will build the world's largest floating offshore wind farm, calling it one of the cornerstones in developing clean energy, according to President Mo
New Energy Vehicles
Bolt EV Nabs First Place in Imported EV Sales in April
The Bolt EV became the best-selling imported electric vehicle in April by selling 148 units.
Wind Power
South Korea Unveils 6GW Floating Ambitions
President Moon Jae-in says government will provide finance for first stage of the project off Ulsan
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Most views from South Korea
1
South Korea Petrochemical Overhaul Likely to Shut Small, Stand-Alone Naphtha Crackers
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South Korea Quitting Coal Will Hurt US LNG and Australian Coal Exports
3
Asia Thermal Coal Imports Rise in July as Japan, South Korea Buy
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DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring
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South Korea Launches 1.25GW Offshore Wind Tender
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Vestas Secures Turbine Order for Sinan U Offshore Wind Project in South Korea