EPIC Crude Oil Pipeline

South Korea’s central bank expects consumer inflation to hit an 11-year high this year as oil prices jumped above the $100 a barrel level for ...

Global stock markets tumbled and oil prices hit their highest levels since 2014 on Tuesday as Russian President Vladimir Putin ordered troops into b...

South Korean companies are revising their business plans for this year as soaring oil prices slam Asia’s fourth-largest economy. Inflation is ...

Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, said on Friday that sales of its five biosimilar products in global markets, excludi...

South Korea’s four major oil refiners have for decades been at the forefront of the industry push to upgrade facilities, a combined multi-bill...

South Korea’s DoubleU Games Co. announced Friday that its subsidiary DoubleDown Interactive LLC invested $1.5 million in North Carolina-base...

NAVER Corp.’s startup accelerator D2SF (D2 Startup Factory) has made an additional investment into data pipeline solutions provider Cloa, the ...

South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...

Hyundai Oilbank Co. and S-Oil Corp. are discussing changing their names to join other South Korean oil refiners, which recently underwent corporate ...

South Korea's STIC Alternative Co. has raised $25 million to invest in a special purpose company of the Carlyle Group, which owns 50% of an oil expo...

SK Group has become South Korea's first company to extract oil from plastic waste and use the eco-friendly oil as a feedstock of oil refining and pe...

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...

Hyundai Oilbank Co. will enter the hydrogen fuel cell components market by building separator production plants within this year with commercializat...

A consortium led by South Korea’s energy-to-construction conglomerate GS Group has acquired the country’s top botox maker Hugel Inc. fro...

Korea’s low-cost carriers (LCCs) are projected to post another period of financial loss in the second quarter of 2021.According to analyst est...

Hyundai Oilbank Co., a South Korean refiner, is selling a majority stake in its wholly owned Hyundai Oil Terminal Co. to a Seoul-based private equit...

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has agreed with Indonesia’s PT Pertamina Hulu Energi (PHE) to look...

South Korean material makers are boosting their efforts to go green as they increasingly adopt eco-friendly technologies for raw materials such as c...

South Korea’s SK Biopharmaceuticals Co. said on Friday it aspires to become one of the world’s top 10 healthcare companies by 2030 with ...

South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p...

The global sensation BTS, topping the Billboard Hot 100 Chart for the fifth week with its latest hit Butter, has stepped outside the human realm in ...

South Korea's Samsung Asset Management Co. has participated in a $12.4 billion acquisition of a 49% stake in Aramco Oil Pipelines Co., a unit of Sau...

GS Group has become South Korea’s first business group to purchase carbon-neutral crude oil, in a move to strengthen its ESG efforts.South Kor...

Oil refiners in South Korea and across Asia have been among those hit hardest by the subdued demand amid the global pandemic. With increasing vaccin...

SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to...

South Korea-based oil refiner S-Oil Corp. is readying to expand its business into the hydrogen energy sector by investing around 8.2 billion won ($7...

Crude oil prices have rebounded by more than 20% since the start of the year, but their recovering prices have not yet translated into margin improv...

S-Oil Corp., 63.4% owned by Saudi Aramco, will more than double its petrochemical production capacity over the next decade to further expand beyond ...

South Korea’s biotechnology firm Biocorp Co. has produced krill oil containing 61% phospholipids, the highest level in the world, and has begu...