oil imports

The state-run Korea Gas Corp. (KOGAS) has decided to reduce its exposure to a $2.8 billion joint liquefied natural gas (LNG) project in Indonesia in...

Shares of South Korean confectionery and packaged snack makers skyrocketed after the Chinese government announced its decision to temporarily halt t...

Back in the 1970s and 80s, general trading companies were the vanguards of South Korea’s exports. Daewoo International Corp., LG Internat...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Thursday posted record sales and operating profit for a second consecutive quarter o...

South Korea’s top four oil refiners exported a combined $27.96 billion worth of petroleum products during the first half of 2022. This marked ...

South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. made inroads into the hydrogen industry by setting up the eco-friendly ...

South Korea's oil refining margin, a key indicator of refiners' profitability, dropped below $20 over the past month amid global recession fears. Ho...

South Korean manufacturers are importing even more key industrial raw materials from China, deepening concerns over the dependence of Asia’s f...

HanmiGlobal Co., a South Korean construction project management (PM) company, said on Monday it has won a 44 billion won ($34 million) deal, part of...

Samsung Heavy Industries Co., a leading South Korean shipbuilder, has swept global orders for LNG carriers, more profitable than oil tankers and con...

Two listed oil refining companies in South Korea saw a combined 1.6 trillion won ($1.2 billion) wiped off their market cap on Wednesday, after the m...

South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...

ULSAN, South Korea -- S-Oil Corp., Saudi Aramco’s refining unit in South Korea, has shut some of its production facilities in a move that will...

Hyundai Oilbank Co., a South Korean petroleum and refinery company, is slated to tap into the white biotechnology market. The company has selected w...

South Korea’s top three general trading companies, LX International Corp., POSCO International Corp. and Samsung C&T Corp. achieved record...

SK Innovation Co., South Korea’s top refiner, enjoyed the record quarterly earnings on strong crude prices and margins, joining the list of do...

S-Oil Corp., Saudi Aramco’s refining unit in South Korea, enjoyed record earnings in the first quarter on healthy crude prices and refining ma...

South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...

South Korea's Samsung Heavy Industries Co. has sold its four undelivered drillships to a domestic private equity fund for a combined 1.04 trillion w...

A consortium led by LG Energy Solution Ltd., the global No. 2 electric vehicle battery maker, will invest $9 billion in a battery value chain in Ind...

South Korea’s Hanmi Pharmaceutical Co. generated sales of more than 1 trillion won ($812.3 million) from its own medicines last year on strong...

E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...

South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled with growing external u...

The sliding yen has prompted South Korean importers and households to go bargain-hunting for the Japanese currency, which they believe is near its t...

Seven out of 10 South Korean companies predict they will swing to operating losses if global oil prices soar to $150 a barrel, a survey showed on Su...

South Korea’s non-ferrous metal smelters such as Korea Zinc Co. and Poongsan Corp. are set to benefit from rising prices of raw materials in t...

South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

South Korea’s won currency skidded to a fresh low in nearly two years as oil prices spiked to a 14-year peak with fears of a prolonged war bet...

The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...