oil reserves

South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...

South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...

South Korea’s four major oil refining companies will jointly build a sustainable aviation fuel (SAF) plant in the country, for which the gover...

South Korea plans to tighten its controls over cryptocurrency trade in the country by mandating information disclosures for listed virtual assets an...

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...

Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, launched the beta service for off...

HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, said on Thursday it started to supply Taiwan-based Yang Ming Marine...

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...

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...

South Korea, the world’s fourth-largest oil importer, is considering increasing US oil imports to ease potential pressure from President-elect...

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...

Saudi Aramco-backed HD Hyundai Oilbank Co. will acquire a 50% stake in money-losing HD Hyundai Cosmo Petrochemical Co. from Japanese chemical giant ...

South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...

SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korean energy giant SK Innovation Co., is accelerating its g...

South Korea will require airlines to replace a portion of their jet fuel with environmentally friendly alternatives such as cooking oil, palm oil an...

South Korea's GS Caltex Corp. will launch a carbon capture and utilization (CCU) project in collaboration with South Jeolla Province and Yeosu City ...

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...

The Korea Customs Service announced on July 29 that domestic petroleum products were exported after being blended in a bonded zone for the first tim...

ULSAN, South Korea -- It looks inevitable that S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will take a substantial revenue hit from...

South Korean sovereign wealth fund Korea Investment Corporation (KIC) has shortlisted three candidates as the next chief executive officer, who will...

Rebellions Inc., a South Korean artificial intelligence chip design startup, announced on Tuesday that it secured investment from Saudi Arabia's sta...

South Korea is considering tripling the maximum amount of dollars the National Pension Service (NPS) can buy from the domestic foreign exchange mark...

South Korea's Kukdong Oil & Chemicals Co. announced on Wednesday that it will construct the nation's largest hydrogen gas production facility ...

SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., has begun operation of its gas combined heat power (CHP) syst...

South Korea, which heavily relies on imports for its energy use, has found a potentially massive reserve of oil and gas offshore close to its southe...

ULSAN, South Gyeongsang Province – At a petrochemical plant run by SK Innovation Co., South Korea’s largest oil refiner, Spot, a robot d...

South Korea's HD Hyundai Oil Bank Co. and Hyundai Department Store Co. have partnered to create a closed-loop plastic film recycling system, a first...

HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy b...

Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, is considering offering Catchtable ...

South Korea’s naturalism cosmetics company Manyo Co. has hit the jackpot in a deal to supply its best-selling face cleansing product, Pure Cle...