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Fri, November 27, 2020 | 09:32
BAT Korea to establish solar power facility in Sacheon
BAT Korea to establish solar power facility in Sacheon
BAT Korea will introduce eco-friendly solar power generation facilities in Sacheon, South Gyeongsang Province, as part of its environment, social and corporate governance (ESG) strategy.
2020-11-25 16:44
KOGAS to implement customized LNG rate plan
KOGAS to implement customized LNG rate plan
The Korea Gas Corporation (KOGAS) is scheduled to apply a customized LNG rate plan for power generation companies starting in 2022. To better implement the changes, KOGAS has gone through structural reform earlier this year to better satisfy clients' needs as well as forming a consultative body involving interested parties to discuss the problems and improve the set measures.
Kim Hyun-bin | 2020-11-22 16:10
GS Caltex expands scope of gas station under new brand
GS Caltex expands scope of gas station under new brand
GS Caltex is expanding the scope of its gas station business to capitalize on rapidly growing future car businesses - such as electric vehicle (EV) recharging and car-sharing - under the new brand Energy Plus.
Baek Byung-yeul | 2020-11-19 16:51
SK Innovation to face challenges with possible battery spinoff
SK Innovation to face challenges with possible battery spinoff
As SK Innovation is considering plans to spin off its battery business, the company now has to tackle various complex scenarios to determine its options. Industry officials are speculating on the speed at which it would be able to reach a break-even point and how the outcome of its legal battle with LG Chem will affect its spinoff strategy.
Nam Hyun-woo | 2020-11-19 16:49
S-Oil on DJSI World list for 11 straight years
S-Oil on DJSI World list for 11 straight years
S-Oil said Monday it was listed on this year's Dow Jones Sustainability World Indices (DJSI World), becoming the first Asian refiner to be recognized as a corporate leader in global sustainability for 11 straight years.
Nam Hyun-woo | 2020-11-16 16:19
POSCO Energy kicks off operation of LNG terminal biz
POSCO Energy kicks off operation of LNG terminal biz
POSCO Energy has kicked off operation of its liquefied natural gas (LNG) export and import business at Gwangyang LNG Terminal in South Jeolla Province, becoming the country's first private LNG terminal operator.
Baek Byung-yeul | 2020-11-12 17:04
Kumho Petrochemical Group works to foster global talent
Kumho Petrochemical Group works to foster global talent
Kumho Petrochemical Group is focusing on fostering a global mindset among workers. The group has become a petrochemical-specialized conglomerate that has established an education system that aims to enhance its employees' specialties and international perspectives.
2020-11-03 15:32
LG Chem cleared to spin off battery business
LG Chem cleared to spin off battery business
LG Chem's bid to spin off its battery unit was approved by its shareholders, paving the way for the company to prevent its debt-financed investments in its electric vehicle (EV) battery business from affecting the company's petrochemical business, as well as to secure additional capital for further battery sector expansion.
Nam Hyun-woo | 2020-10-30 16:40
  • SK Innovation open for talks with LG to resolve battery conflict
SK Innovation open for talks with LG to resolve battery conflict
SK Innovation open for talks with LG to resolve battery conflict
SK Innovation says it is still open for talks with LG Chem to resolve their ongoing lawsuit in the U.S. “We are not able to discuss detailed information as it could affect the results of the ongoing trial,” an SK Innovation official said during a conference call after the company released its third-quarter earnings, Friday.
Kim Hyun-bin | 2020-10-30 16:04
  • LG Chem cleared to spin off battery business
Korea Gas Corporation receives TQMS certification for full containment LNG storage tank
Korea Gas Corporation receives TQMS certification for full containment LNG storage tank
The technology for liquefied natural gas (LNG) storage tanks developed by the Korea Gas Corporation (KOGAS) has been certified by the global energy firm ExxonMobil.
Kim Jae-heun | 2020-10-27 18:10
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