Petroleum

South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and ...

Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...

HD Hyundai has successfully secured a contract for building mega-sized ammonia carriers worth 557.4 billion won ($432.4 million). HD Korea Shipbuild...

South Korea's HD Hyundai Oilbank said on Tuesday it has extended a contract with US fuel distributor Sunoco LP to supply petroleum products next yea...

SK Innovation Co. said on Wednesday it will bolster its alliance with Japan's largest petroleum refiner ENEOS. This decision builds on their histor...

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

South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....

Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...

Kolon Industries Inc., a Korean manufacturer of chemical and textile products, announced on Monday that it has become the first company in the domes...

South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...

Refiners in South Korea raised their operating rates to a three-year high in 2022 as petroleum product exports hit a record high in value.Refinery r...

SK Earthon has joined hands with Azuli, a British company that specializes in carbon capture and storage (CCS), to search for business opportunities...

South Korea’s headline inflation hit a seven-month low in November as rises in agricultural and petroleum product prices slowed, adding to exp...

South Korea’s SK Chemicals Co. said on Wednesday it has earned sustainability certifications for its nine copolyester product lines from UL So...

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 Hyundai Engineering & Construction (Hyundai E&C) Co. and Samsung Engineering Co. were selected as official partners of N...

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

South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...

POSCO Chemical and OCI plan to produce in South Korea a key material for electric vehicle batteries, which has so far been imported.POSCO Chemical s...

Petroleum products become driving force behind South Korea's export market Exports of petroleum products turned positive this year, driving South K...