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Biz & Tech

Energy

Tue, July 16, 2019 | 08:05

International Gas Union dismisses doubts on LNG

Liquefied natural gas (LNG) is a “reliable tool” helping countries meet national and international climate targets when other clean energy technologies fail, a global organization of LNG producers said Tuesday.

2019-07-12 17:34

Supporting food truck entrepreneurs

S-Oil CEO Hussain A. Al-Qahtani, fifth from left, poses with Work Together Foundation Chairman Song Wol-joo, fourth from left, and food truck entrepreneurs for a photo at Yeouido Hangang Park in Seoul, July 12. The refiner donated 100 million won ($84,912) to support the fuel costs of food truck entrepreneurs. / Courtesy of S-Oil

2019-07-12 17:18

Kumho Petrochemical spurs R&D efforts

Kumho Petrochemical has been bolstering R&D efforts and improving cross-departmental collaboration to ensure sustainable growth amid growing global uncertainties, the company said Thursday.

2019-06-27 17:05

S-Oil pledges to invest W7 tril. for ethylene facilities

S-Oil will invest 7 trillion won ($6 billion) by 2024 to build facilities producing ethylene and other basic chemicals in part of the company's bid to expand its businesses from refining and chemicals, the refiner announced Wednesday.

2019-06-26 17:00

Massive S-Oil facilities ready to produce high-value products

S-Oil's new Residue Upgrading Complex (RUC) and Olefin Downstream Complex (ODC) facilities will play a spearheading role in the refiner's expansion into the petrochemical business. Matching their significant role, the facilities are immense in size.

2019-06-26 10:05

S-Oil widens portfolio from refining to chemicals

S-Oil has finished part of its expansion of its business portfolio by completing a 5 trillion won ($4.33 billion) project to build facilities creating high value-added petrochemical products from low value residual oil.

2019-06-26 10:05

Promoting happiness

SK Group Chairman Chey Tae-won listens to a presentation during an in-house forum held at SK Management System (SKMS) in Icheon, Gyeonggi Province, Tuesday. At the forum, Chey stressed the importance of maximizing happiness at work. / Yonhap

2019-06-26 09:47

New S-Oil CEO to lead petrochemical projects

New S-Oil CEO Hussain Al-Qahtani will expedite the company's effort to broaden its portfolio from refining to petrochemicals, leading the second phase of the company's 12 trillion won investment in chemical facilities, the company said.

2019-06-26 09:00

Korea fails to secure long-term maintenance order for UAE nuclear plant

Korea has failed to secure a long-term maintenance agreement (LTMA) for the Barakah Nuclear Power Plant in the United Arab Emirates (UAE), the Ministry of Trade, Industry and Energy said Monday.

2019-06-24 17:11

Korean consortium bags maintenance projects for UAE nuclear plant

A South Korean consortium has secured a five-year maintenance deal for the Barakah nuclear plant in the United Arab Emirates (UAE), the industry ministry said Monday.

2019-06-24 14:37

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