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HomeSouth Korea

South Korea

Crude oil and Money -EnergyNewsBeat.com
Crude Oil News

OPINION: The oil markets – On the way to recovery

May 4, 2021 Andy Del Prado

New Delhi: It is safe to say that the oil markets are on the way to recovery, despite still-widespread Covid-19 infections, notably in India, Europe and the US, after suffering what has been its worst year ever. […]

Coal

South Korea ends aid for coal plants overseas

April 23, 2021 Andy Del Prado

Washington, April 22, 2021 -South Korea will stop funding coal-powered plants overseas, President Moon Jae-in told a US-led summit Thursday, as he vowed a larger role in fighting climate change. The progressive president said he was expanding […]

Suralaya in Indonesia - EnergyNewsBeat.com
Coal

South Korea faces a public reckoning for financing coal plants in Indonesia

April 15, 2021 Stu Turley

The coastal town of Suralaya in Indonesia’s West Java province has eight coal-fired power generating units in its vicinity, which residents blame for respiratory ailments and declining fish catches. South Korean public financial institutions are […]

Energy Storage

Russia’s Rosatom buys stake in South Korean battery and ESS manufacturer Enertech International

March 9, 2021 Stu Turley

A subsidiary of Russian state-owned nuclear technology and electric utility company Rosatom, will establish domestic lithium-ion battery cell and manufacturing facilities, following a deal to acquire 49% of South Korean company Enertech International. Enertech International […]

Louisiana Supertanker Port Sets Shipment Record - Energy News Beat
Exports

U.S. oil exports to Asia hit new record in January from Louisiana’s offshore supertanker port

February 3, 2021 Stu Turley

American oil exports from Louisiana’s offshore supertanker port jumped to a record in January as Asian buyers are stocking up U.S. crude for a post-pandemic rebound in fuel consumption. Eight vessels set sail from the […]

Hankuk Chemi - Seizure from security cam
International News

Iran, South Korea deadlocked on tanker issue

January 11, 2021 Stu Turley

Iran said it remains some way off resolving a diplomatic dispute with South Korea, which moved up a notch after the seizure of a South Korean-flagged chemical tanker by the Islamic Revolutionary Guards (IRGC) navy […]

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