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Tue, July 14, 2020 | 22:53
Korea's energy demand predicted to dip 1.4% this year
Korea's energy demand predicted to dip 1.4% this year
South Korea's energy demand is expected to drop for a second year in 2020 due to the fallout from the coronavirus outbreak, a report said Wednesday. The country's annual energy consumption is likely to contract 1.4 percent on-year this year, according to the report from the Korea Energy Economics Institute.
2020-07-08 09:36
SK E&C wins $7.2 mil. refinery planning deal
SK E&C wins $7.2 mil. refinery planning deal
SK Engineering and Construction reached an agreement with a state oil gas company in Uzbekistan under which the South Korean company will handle the outlining of the planned modernization of an oil refinery there, SK said, Tuesday.
2020-07-07 17:15
GS Caltex to go eco-friendly with bio-degradable polymer compound
GS Caltex to go eco-friendly with bio-degradable polymer compound
Local oil refiner GS Caltex said Thursday it plans to expand its application of eco-friendly raw materials in an effort to use resources efficiently and reduce carbon.
2020-07-02 18:34
SK Energy launches gas giveaway event for healthcare workers
SK Energy launches gas giveaway event for healthcare workers
SK Energy will launch a gas giveaway event for healthcare workers and volunteers in gratitude for their commitment to public health during Korea's battle against COVID-19.
2020-07-01 17:31
Daewoo, SK E&C to construct energy terminal in Ulsan
Daewoo, SK E&C to construct energy terminal in Ulsan
Daewoo E&C and SK E&C have together inked a deal with the Korea Energy Terminal Friday, to construct the first stage of a petroleum and liquefied gas terminal at Ulsan north port.
2020-06-30 17:08
KEPCO board OKs Indonesian coal power project amid environmental controversies
KEPCO board OKs Indonesian coal power project amid environmental controversies
The board of South Korea's state-run utility firm Korea Electric Power Corp. (KEPCO) on Tuesday approved a business project to build two units of coal power plants in Indonesia despite controversies over profitability and the environment. In March last year, KEPCO, PT Indonesia Power and another Indonesian energy firm, PT Barito Pacific, won the US$3.46 billion project to bui...
2020-06-30 14:30
Korea ready to supply record high electricity during summer
Korea ready to supply record high electricity during summer
South Korea said Tuesday it is ready to supply a record high amount of electricity in July and August to brace for a possible hike in electricity demand during the widely anticipated hot and humid summer season. The move came as the country's maximum electricity demand is estimated to range from 87.3 million to 90.8 million kilowatts (kW) during the summer, according to the M...
2020-06-30 10:08
Hanwha VP tasked to improve internal communication
Hanwha VP tasked to improve internal communication
It will become imperative for Kim Dong-kwan, vice president of Hanwha Solutions, to improve internal communication in order to successfully conduct a corporate restructuring shifting the corporation's profitability focus from its legacy businesses to the rising renewable energy sector, as the market is expected to rapidly evolve in the medium to long term.
2020-06-29 16:57
KEPCO losing decision making momentum
KEPCO losing decision making momentum
Korea Electric Power Corp. (KEPCO) is losing its momentum in making key decisions regarding its profitability, as the state-run power distributor has suspended its decisions on power rates and a large overseas investment project.
2020-06-28 17:46
Hanwha VP sees progress through brand positioning
Hanwha VP sees progress through brand positioning
Strengthening brand positioning is important for companies, because an effective brand positioning strategy can maximize customer relevance and even competitive distinctiveness in a brand's overall value.
2020-06-23 17:22
  • Hanwha VP asked to realign group portfolio
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