oil reserves

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., announced on Thursday that it has achieved the International Sustainability and Carbon ...

South Korea's LG Chem Ltd. has decided to recycle waste vinyl generated in Ansan, Gyeonggi Province, into plastic raw materials. The company announc...

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

South Korea’s top automaker Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Globa...

South Korea’s savings banks turned to the red after nine years in 2023 as they put aside heavy reserves on future loan losses, with their loan...

South Korea has remained muted to a new gold rush fueled by various central banks across the world gobbling up the precious metal, raising concerns ...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...

GS Holdings Corp., the holding company of South Korea’s energy-to-retail conglomerate GS Group, on Wednesday provided a dismal business outloo...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Friday posted a 58.3% decline in its operating profit last year, weighed by lower re...

HD Hyundai Oilbank Co., South Korean shipbuilding and machinery conglomerate HD Hyundai Co.'s oil refining unit, will venture into the North America...

South Korea’s central bank does not plan to buy more gold for its foreign exchange reserves, although the monetary authority has not purchased...

South Korean shipbuilders shrugged off concerns of an industry peak-out boosted by the first fall of new vessel prices in 45 weeks and lower used sh...

The South Korean government plans to offer financial support to domestic companies when they import urea, a substance used in diesel vehicles and fe...

SK Earthon Co., the resources development unit of South Korean energy major SK Innovation Co., said Wednesday that it has started shipping crude oil...

SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., said on Thursda...

South Korea's POSCO Holdings Inc. announced on Wednesday it signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) in Seou...

South Korea’s foreign exchange reserves dropped in October for the third straight month to their lowest point since June 2020, as local author...

HMM Co., South Korea’s top shipping company, is expanding its fleet, especially bulk carriers, for stable profits amid the sluggishness of the...

South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., said on Monday it swung to a net profit in the third quarter from a loss the year earli...

SK Geo Centric Co., a South Korean petrochemical company, announced on Thursday it has entered into an agreement to supply recycled plastic material...

Dana Petroleum, wholly owned by state-run Korea National Oil Corp. (KNOC), has discovered a new high-quality gas field in the North Sea, KNOC said o...

South Korea’s POSCO International Corp. and GS Caltex Corp. on Thursday signed a $210 million deal to build a bio feedstock refinery facility ...

BBQ, a popular South Korean fried chicken brand, will change the recipe for its signature olive oil fried chicken for the first time in 18 years to ...

South Korea's HD Hyundai Oilbank is transforming from a petroleum and oil refinery company into an eco-friendly energy entity through diversificatio...

SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., began crude production at an oil f...

South Korea’s fertility startups are garnering attention from investors with innovative technologies such as self-testing of ovarian health, s...

Reservations for cruise ships visiting South Korea's Jeju Island are flooding in amid China's resumption of all group tours to its neighboring cou...

A South Korean government think-tank has raised its inflation prediction for this year due to the recent rise in oil prices and expectations that As...

South Korea's HD Hyundai Infracore Co. announced on Thursday that it has opened the first "Develon Online Store," an excavator online mall in the co...