Skip to content
The Energy Bulletin The Energy Bulletin Daily

Daily news

Primary Menu
  • Home
  • Daily News
    • Regions
      • Global
      • N. America
        • USA
        • Canada
        • Mexico
      • Middle East
        • Saudi Arabia
        • Iraq
        • Iran
        • Syria
        • Egypt
        • Israel
        • Gaza
        • Kuwait
        • Bahrain
        • United Arab Emirates
        • Jordan
        • Lebanon
        • Yemen
      • Asia
        • China
        • India
        • Pakistan
        • Japan
        • South Korea
      • Africa
        • Nigeria
        • Libya
        • Algeria
        • Tunisia
      • Europe
        • Russia
        • United Kingdom
        • Ireland
        • Turkey
      • Latin America
        • Venezuela
        • Brazil
        • Argentina
        • Ecuador
    • Topics
      • Prices
      • Oil
        • Shale Oil
        • Tar Sands
        • Peak Oil
      • Gas
        • Shale Gas
      • Other Sources
        • Coal
        • Nuclear
        • Renewables
          • Wind
          • Solar
          • Biofuels
      • Environment
        • Climate
        • Water
        • Air Quality
      • Energy Demand
        • Energy Demand
        • Transportation
      • Economy & Security
        • Economy
        • National Security
  • Weekly Review
  • Archive
  • Subscribe
  • About

Category: South Korea

Category:
  • South Korea

Colder winter forecast in South Korea raises concerns over gas supply for power

KOGAS may have purchased higher spot gas volumes Plans to raise nuclear output, use of LPG over LNG The forecast for a colder-than-usual winter in South Korea is set to Continue Reading

Posted On : 29 Sep 2022 Published By : Tom Whipple
Category:
  • Climate
  • South Korea

South Korea Suffers Worst Rainfall in Eight Decades

South Korea’s heaviest rainfall since World War II submerged cars on the streets, flooded subway stations and left at least eight people dead. The downpours also hit neighboring North Korea, Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • South Korea

South Korean president unveils energy plan focused on cutting fossil fuel reliance

South Korea’s newly-elected president Yoon Suk-yeol unveiled his new energy plan July 5 focused on reducing the country’s reliance on fossil fuels and increasing oil and LNG stockpiles with a Continue Reading

Posted On : 5 Jul 2022 Published By : Tom Whipple
Category:
  • Russia
  • South Korea

South Korea’s Russian crude imports plunge 84% on year to 696,000 barrels in May

Highlights On track to completely phase out Russian oil purchases Refiners maintain high runs to help ease Asia’s diesel shortages South Korea to mainly rely on US, Middle Eastern crude Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • South Korea

South Korea Looks to Nuclear Expansion in Bid to Meet Climate Targets

South Korea will expand the role of nuclear energy in order to meet its climate target. President Yoon Suk Yeol’s new government will increase the portion of atomic power in Continue Reading

Posted On : 16 Jun 2022 Published By : Tom Whipple
Category:
  • South Korea

South Korea Truckers Go on Strike at Ports as Fuel Costs Soar

Thousands of truck drivers in South Korea have gone on strike at some ports and container depots in the country, threatening to slow the export of goods from the Asian Continue Reading

Posted On : 8 Jun 2022 Published By : Tom Whipple
Category:
  • Solar
  • South Korea

Giant Floating Solar Flowers Offer Hope for Coal-Addicted Korea

Floating solar panels on the surface of the Hapcheon Dam in South Korea. The project can generate enough to power 20,000 homes, according to Hanwha Solutions. With little usable land Continue Reading

Posted On : 1 Mar 2022 Published By : Tom Whipple
Category:
  • Hydrogen
  • South Korea

What We Can Learn From South Korea’s Hydrogen Strategy

South Korea plans a pivot to hydrogen. Should we care? Well, South Korea, with a population of 52 million, is the tenth largest economy in the world, has the fifth Continue Reading

Posted On : 11 Jan 2022 Published By : Tom Whipple
Category:
  • South Korea

Hyundai describes Metamobility concept, introduces Mobility of Things

Hyundai Motor used CES in Las Vegas as the platform to describe its new “Metamobility concept”, which will incorporate the use of robotics in both the real world and the Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • South Korea

S. Korea marks deadliest day of pandemic as hospitals buckle

South Korea on Tuesday marked its deadliest day of the pandemic as an unrelenting, delta-driven spread stretched thin hospitals and left people dying while waiting for beds. Health experts warn Continue Reading

Posted On : 14 Dec 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • South Korea

South Korea’s virus surge exceeds 7,000 for 3rd straight day

New coronavirus infections in South Korea have been rising and breaking records daily. There were long lines at testing stations after they exceeded 7,000 for the first time on Wednesday Continue Reading

Posted On : 10 Dec 2021 Published By : Tom Whipple
Category:
  • South Korea

South Korea’s Kogas steps up hydrogen production drive with plans for three plants

  To produce hydrogen using steam reforming of natural gas First plant with capacity of 1,400 mt/year in Gwangju State-owned Korea Gas Corp., one of the world’s biggest LNG buyers, Continue Reading

Posted On : 7 Dec 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • South Korea

South Korea sets pandemic high with 4,000 new virus cases

New coronavirus infections in South Korea exceeded 4,000 in a day for the first time since the start of the pandemic as a delta-driven spread continues to rattle the country Continue Reading

Posted On : 25 Nov 2021 Published By : Tom Whipple
Category:
  • South Korea

Korea’s Producer Inflation Hits 13-Year High as Price Risks Grow

Factory-gate prices in South Korea rose at the fastest pace since 2008 last month, fueling inflation concerns and adding to reasons for the central bank to raise interest rates next Continue Reading

Posted On : 19 Nov 2021 Published By : Tom Whipple
Category:
  • South Korea

Urea shortage threatens South Korea’s transport, energy industries

South Korea is flying a military oil tanker to Australia this week to airlift 27,000 liters of urea solution, used in diesel vehicles and factories to cut emissions, amid a Continue Reading

Posted On : 9 Nov 2021 Published By : Tom Whipple
Category:
  • South Korea
  • Wind

World’s Biggest Wind Farm May Be Answer to Korea’s Net-Zero Dream

With a climate and topography ill-suited for large-scale wind power generation on land, the country looks out to sea for its clean energy ambitions The offshore substation collects and sends Continue Reading

Posted On : 1 Jul 2021 Published By : Tom Whipple
Category:
  • Nuclear
  • Shipping
  • South Korea

South Korea companies develop molten salt reactor for shipping, power generation

Nuclear propulsion for cargo vessels spurred by carbon regulation Samsung sees nuclear power as potential eco-friendly shipping option Reactor design could also be used in floating power plants South Korea’s Continue Reading

Posted On : 23 Jun 2021 Published By : Tom Whipple
Category:
  • Nuclear
  • South Korea

Samsung Heavy to partner with KAREI to develop molten-salt reactor floating power plants and nuclear-powered ships

Samsung Heavy Industries (SHI) is making a full-scale effort to develop offshore nuclear power plant technology. SHI has signed a Molten-Salt Reactor (MSR) development and joint research agreement with the Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • LNG
  • South Korea

S Korea’s LNG demand forecast to rise 15% through 2034: ministry

South Korea’s energy ministry said April 27 that the country’s LNG demand is expected to rise 15.1% through 2034 on the back of higher LNG demand for bunkering and hydrogen Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • Iran
  • South Korea

South Korean Premier in Iran for Talks Over Frozen Oil Funds

South Korea’s prime minister arrived in Tehran for talks over $7 billion of Iranian funds trapped in his country by U.S. sanctions, with a successful outcome likely to be seen Continue Reading

Posted On : 12 Apr 2021 Published By : Tom Whipple
Category:
  • South Korea

S.Korean battery makers agree $1.8 billion settlement, aiding Biden’s EV push

South Korean battery makers LG Energy Solution and SK Innovation Co agreed on Sunday to settle disputes over electric-vehicle (EV) battery technology, avoiding a potential setback for U.S. EV ambitions. Continue Reading

Posted On : 12 Apr 2021 Published By : Tom Whipple
Category:
  • South Korea

South Korean EV battery groups settle high-stakes US dispute

The settlement came after the US International Trade Commission in February slapped a 10-year import ban on SK Innovation over allegations from its Korean rival of illegally acquiring sensitive technology. Continue Reading

Posted On : 12 Apr 2021 Published By : Tom Whipple
Category:
  • Iran
  • South Korea

Iran frees South Korean ship, captain after promise to help with frozen funds

Iran released on Friday a South Korean ship and its captain detained since January after South Korea promised to try to secure the release of Iranian funds frozen in South Continue Reading

Posted On : 9 Apr 2021 Published By : Tom Whipple
Category:
  • South Korea

South Korea shuts nuclear reactors for second time due to influx of marine organisms

South Korea has shut two nuclear reactors due to an influx of marine organisms just two weeks after restarting them after an earlier influx, company officials said April 8, adding Continue Reading

Posted On : 8 Apr 2021 Published By : Tom Whipple
Category:
  • South Korea
  • Wind

World’s Biggest Wind Farm Is Key to Korea’s Net-Zero Dream

The fishing grounds where Jung Kuenbae and his forbears have caught shrimp, butterfish and croakers for three generations are going to be turned into the world’s largest offshore wind farm. Continue Reading

Posted On : 1 Apr 2021 Published By : Tom Whipple
Category:
  • Coal
  • South Korea

Can South Korea Overcome Its Coal Dependence?

South Korea remains the weakest performer within OECD in terms of renewables’ penetration into the national energy matrix, merely 5% of its electricity generation boils down to green energy. Apart Continue Reading

Posted On : 23 Mar 2021 Published By : Tom Whipple
Category:
  • South Korea
  • Wind

South Korea To Build World’s Largest Offshore Wind Farm

South Korea will invest some $43 billion in constructing what is to be the world’s largest offshore wind farm, Reuters reports , adding that the project should be completed by Continue Reading

Posted On : 6 Feb 2021 Published By : Tom Whipple
Category:
  • Iran
  • South Korea

South Korean tanker was boarded by armed Iran Guard forces

Armed Iranian Revolutionary Guard troops stormed a South Korean tanker and forced the ship to change course and travel to Iran, the vessel’s owner said Tuesday, the latest maritime seizure Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple
Category:
  • Iran
  • South Korea

South Korean-flagged tanker seized by Iran, Seoul demands release

Iran’s Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, Iranian media said on Monday, amid tensions between Tehran and Seoul over Iranian funds Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple
Category:
  • South Korea

Shutdown of S Korea’s coal-fired power plants to spur LSFO demand further

The planned shutdown of some coal-fired power plants in South Korea will likely propel low sulfur fuel oil demand, which has already seen an increase due to stricter environmental rules Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • South Korea

S Korea to shut up to 16 coal-fired power plants for December-February

South Korea will close down up to 16 coal-fired power plants for three months from December, out of its 60 coal power plants in total, to help reduce air pollution, Continue Reading

Posted On : 26 Nov 2020 Published By : Tom Whipple
Category:
  • South Korea
  • USA

SOUTH KOREA DATA: US crude imports fall for sixth straight month in Oct

 South Korea’s crude oil imports from the US in October fell for the sixth consecutive month, while local refiners continued to favor Middle Eastern crude, lifting October Saudi oil shipments Continue Reading

Posted On : 17 Nov 2020 Published By : Tom Whipple
Category:
  • South Korea

S Korea’s dismal jet fuel, diesel demand to keep SK Innovation’s crude runs low

South Korea’s ailing aviation sector and a slowdown in new construction activity will likely continue to weigh on domestic jet fuel and diesel consumption for the rest of the year, Continue Reading

Posted On : 3 Nov 2020 Published By : Tom Whipple
Category:
  • Climate
  • South Korea

S. Korea Beefs Up Climate Goal Amid Mounting Global Pressure

South Korea is joining China and Japan in setting a deadline to zero-out carbon emissions. The Asian country is targeting to become carbon neutral by 2050, President Moon Jae-in said during Continue Reading

Posted On : 28 Oct 2020 Published By : Tom Whipple
Category:
  • Japan
  • South Korea

Typhoon Haishen threatens Korea after battering Japan

South Korea hunkered down as Typhoon Haishen travelled northwards along the country’s east coast on Monday, a day after the powerful storm battered Japan’s southern islands where four people are Continue Reading

Posted On : 7 Sep 2020 Published By : Tom Whipple
Category:
  • South Korea

S Korea’s 9 nuclear plants restarting Sep-Oct to pressure LNG demand

South Korea is on track to restart operations at eight nuclear power plants, that were shut for maintenance, and start a newly built plant over the next two months, in Continue Reading

Posted On : 2 Sep 2020 Published By : Tom Whipple
Category:
  • South Korea

South Korea battles worst coronavirus outbreak in months, warns of crisis

South Korea warned on Monday of a looming novel coronavirus crisis as new outbreaks flared, including one linked to a church where more than 300 members of the congregation have Continue Reading

Posted On : 17 Aug 2020 Published By : Tom Whipple
Category:
  • South Korea

Coronavirus Pandemic Hits South Korea’s Export-Reliant Economy

South Korea reported one of the first major coronavirus outbreaks outside China, yet has kept infections low compared with the U.S. WSJ’s Dasl Yoon shows how smartphones have become one Continue Reading

Posted On : 24 Jul 2020 Published By : Tom Whipple
Category:
  • North Sea
  • South Korea

S Korea shifts focus to North Sea from US for light sweet crude imports

VLCC of Forties crude arrives in May for first time in 9 months Q3 North Sea crude, condensate imports may surpass 6 mil barrels Forties-WTI price spread on CFR Asia Continue Reading

Posted On : 9 Jul 2020 Published By : Tom Whipple
Category:
  • South Korea

Samsung Heavy, Bloom Energy Partner to Develop Zero-Emissions Cargo Vessels

Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power for ships by jointly designing fuel cell-powered vessels that will reduce carbon emissions and help Continue Reading

Posted On : 30 Jun 2020 Published By : Tom Whipple
Category:
  • South Korea
  • USA

South Korea data: US crude imports suffer biggest ever on-year drop in May

 South Korea’s crude oil imports from the US in May dropped 35.7% from a year earlier, which marks the biggest decline since the country began US crude imports, data released Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • South Korea

Hyundai Hydrogen Chief on Why the Company Bet on Fuel Cells

Fuel cell vehicles that use hydrogen and emit only water have long been a goal of green-energy advocates. They have potential advantages over battery-powered cars, including quicker refueling and longer Continue Reading

Posted On : 10 Jun 2020 Published By : Tom Whipple
Category:
  • South Korea

South Korea Embarks On An Ambitious Renewable Energy Plan

South Korea has made public a long-term energy plan that stipulates a shift to more renewable energy at the expense of fossil fuels and nuclear power. The Korea Herald reports Continue Reading

Posted On : 27 May 2020 Published By : Tom Whipple
Category:
  • South Korea

Shrinking South Korea oil storage capacity rattles Asia refiners

South Korea’s Jeju island is famous for the haenyeo, the sea women who dive for seaweed and shellfish in the waters off the volcanic coast, but a new sight has Continue Reading

Posted On : 20 May 2020 Published By : Tom Whipple
Category:
  • South Korea

South Korea’s Early Coronavirus Wins Dim After Rash of New Cases

South Korea, which largely succeeded in quelling the spread of the coronavirus, is back on the defensive, with Seoul’s bars and clubs ordered closed, as the country reported its biggest Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple
Category:
  • Renewables
  • South Korea

South Korea May Speed Up Renewable Energy Shift Under Proposal – Bloomberg

South Korea could ramp up its shift toward renewable power, and away from coal and nuclear, under a proposal by a government working group tasked with helping shape its energy future. The Continue Reading

Posted On : 9 May 2020 Published By : Tom Whipple
Category:
  • South Korea

South Korean refiners cut March transport fuels output 8% on year, lower crude throughput 4%

South Korean refiners reduced production of transportation fuels by 7.8% year on year in March, cutting crude throughput 4.3% over the same period, in response to demand destruction caused by Continue Reading

Posted On : 4 May 2020 Published By : Tom Whipple
Category:
  • Hydrogen
  • South Korea

Hyosung and Linde Group to build world’s largest liquid hydrogen production facility in Korea

Hyosung and the Linde Group, a leading global provider of industrial gases, will invest 300 billion won (US$246 million) until 2022 in a joint enterprise of creating a value chain Continue Reading

Posted On : 1 May 2020 Published By : Tom Whipple
Category:
  • South Korea

Shipowners brace for S Korea’s new emissions rules amid pandemic pain

Shipowners are starting to gear up for South Korea’s stricter environmental emissions rules despite having no time to draw breath after transitioning to IMO 2020 and grappling with the coronavirus Continue Reading

Posted On : 30 Apr 2020 Published By : Tom Whipple
Category:
  • South Korea

South Korea Has Run Out Of Oil Storage

South Korea, the country with the fourth-largest commercial storage capacity in Asia, has just run out of room to store more oil, sources familiar with the matter told Bloomberg on Continue Reading

Posted On : 28 Apr 2020 Published By : Tom Whipple

Posts navigation

Older posts

Archives

  • December 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
Website maintained by Post Carbon Institute
Theme: Royal Magazine by ThemeinWP