South Korea

South Korea's largest energy company SK Energy will spin-off its refining and petrochemicals operations in 2011 so that it can focus on its more profitable upstream business, the company's... 2010-06-21

State-owned Korea National Oil Corporation (KNOC) on April 22 signed a memorandum of understanding (MoU) with Kazakhstan's state-run KazMunaiGaz (KMG) calling for a strategic partnership... 2010-04-23

South Korea and Russia are expected to begin a new round of talks in mid-April on a gas interconnector between the countries, the head of foreign projects at Russia's state-run

Lee Youn-ho, South Korea's new ambassador to Moscow, who is due to take office on February 28, has announced plans to make the development of the proposed gas pipeline from Russia... 2010-02-17

South Korea announced on February 10 that it is preparing to begin drilling for gas hydrates in a disputed area of the Sea of Japan (known in Korea as the East Sea), in which both... 2010-02-11

South Korea's S-Oil plans to spend some KRW1.4trn (US$1.2bn) on the expansion of its 580,000 barrels per day (b/d) Onsan refinery, according to a report by Reuters.

State-run Korea National Oil Corporation (KNOC) is moving ahead with its plans to acquire mid-sized foreign oil producers. The company is looking at five to ten potential targets,... 2009-10-12