Korea Rapprochement Could Revive Energy Megaproject
The June 12 Trump-Kim summit in Singapore has had an overall positive effect on the oil industry, cooling down expectations about the imminence of a major conflict driven by the Continue Reading
U.S. sees LNG as a security option for Seoul
Through its emerging role in the global energy space, U.S. liquefied natural gas supports security for South Korea, a State Department spokesman said. U.S. Deputy Assistant Secretary of State for Continue Reading
Russia Could Build North-South Korea Gas Pipeline
A decade-old idea of a Russian gas pipeline to South Korea via North Korea could be revived if the security situation on the Korean peninsula improves, South Korea’s Foreign Minister Continue Reading
Hyundai union head fears GM-like crisis; says electric cars destroy jobs
Hyundai Motor’s ( 005380.KS ) union chief warned its workers may face a similar crisis to the one hitting General Motors’ ( GM.N ) South Korean unit as sales in Continue Reading
South Korea finalizes energy plan to boost renewable power generation
South Korea has finalized a power supply plan that aims to make renewables the country’s fuel of choice for power generation for the next 15 years, its energy ministry said Continue Reading
South Korea plans shift to renewables, but coal, nuclear to remain strong
South Korea aims to expand the share of renewables and also natural gas in its fuel mix to gradually cut back its high dependence on coal and nuclear power over Continue Reading
S Korea unveils power mix plan for 2030 focused on renewables, LNG
South Korea aims to boost the portion of LNG in its electricity generation mix to 18.8% in 2030 from an estimated 16.9% this year as part of efforts to reduce Continue Reading
Samsung moves toward graphene-based fast-charging battery
Samsung Electronics has developed core battery technology using graphene to make lithium-ion batteries last longer and charge more quickly, a potential industry milestone if mass produced. The South Korean conglomerate Continue Reading
South Korea’s September Iranian crude oil imports rise to six-month high
South Korea’s imports of Iranian crude oil hit the highest level in six months in September amid Iran’s push to regain its lost market share during years it was under Continue Reading
S Korea to tackle pollution by cutting coal, diesel use, switching to LNG
South Korea plans to replace coal-fired power plants under construction with LNG-based power turbines in a bid to cut pollution, the government said in a statement Tuesday. It would also Continue Reading