POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant
POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for ...
Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...
Trump-driven energy boom spurs Korean firms to hike US gas investments
WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...
South Korea’s forex reserves dip to nearly 5-year low in February
South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...
Trump says Korea interested in Alaska gas project; Korean firms skeptical
South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...
Korea seeks tighter control over digital coins, mulls mandatory disclosures
South Korea plans to tighten its controls over cryptocurrency trade in the country by mandating information disclosures for listed virtual assets an...
Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion
Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...
South Korea’s forex reserves drop to 5-year low in 2024
South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...
Catchtable to offer restaurant reservation service in Japan
Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, launched the beta service for off...
Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...
Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...
POSCO, Hancock seek to jointly build lithium plant
POSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to build a plant to annu...
S.Korea's foreign reserves amount to $415.4 bn in Nov
South Korea's official foreign reserves at the end of November amounted to $415.4 billion.According to the Bank Of Korea (BOK) on Wednesday, the nat...
Korean companies’ cash reserves swell to record high
Cash holdings at South Korean companies have soared to a record-high level, data showed on Monday. Companies are stepping up efforts to raise cash t...
POSCO Int'l starts commissioning of Senex Energy gas facility
South Korea's POSCO International Corp. said on Monday it has begun commissioning its first gas processing facility at Senex Energy’s Atlas ...
Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit
Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whi...
Hyosung Chemical scraps specialty gas unit sale to IMM, STIC
Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas ...
KEPCO wins Saudi Arabia's two gas power plant projects
Korea Electric Power Corp. (KEPCO) announced on Thursday that it was selected as the final successful bidder to build and operate two 1.9GW combined...
Hanwha Ocean wins $51.2 mn deal for two LNG carriers
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...
DS Dansuk wins $750 mn SAF material order from Phillips 66
South Korea's DS Dansuk Co., which operates bioenergy, battery, and plastic recycling businesses, said on Monday it signed a 1 trillion won ($750 mi...
Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024
South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...
POSCO International eyes M&A in US natural gas market
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...
Doosan Enerbility defies doubters about homegrown gas turbines
Doosan Enerbility Co., a leading power plant engineering company in South Korea, has defied doubters about its gas turbines, the first produced at h...
Hanwha unveils carbon-free gas carrier amid tougher rules
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...
SK E&S creates value chain from FPSO, gas field project to carbon capture
SINGAPORE – At Seatrium Admiralty Yard on Jurong Island, southwest of Singapore, some 2,000 workers are busy welding gas pipes and doing other...
S.Korean companies fret over Scope 3 disclosure rule
Businesses in South Korea, Asia’s No. 4 economy, are voicing concerns about the government’s plan to mandate companies to disclose their...
SK seeks sale of specialty gas unit for around $3 bn
SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4...
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
SK Gas delays $1 bn combined cycle power plant operation
SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) distributor, has postponed the commercial operation of its combined cycle power...
S.Korean stocks log largest daily loss since pandemic
The South Korean stock market dropped more than 3% on Friday to breach the psychologically important barrier of 2,700 in almost two months, after we...
