South Korea

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

The Gorgon project leader Chevron has signed three binding liquefied natural gas (LNG) supply contracts with Asian buyers worth a record AUD70bn (US$60bn), following up a US$41bn... 2009-09-10

Russia's gas export monopoly Gazprom and South Korea's state-run Korea Gas (Kogas) signed a MoU on June 23 to jointly study the options for delivering Russia's Sakhalin gas to... 2009-06-24

India's state-owned Oil & Natural Gas Corporation (ONGC) and private conglomerate Reliance Industries are considering a bid for Swiss-Canadian independent Addax Petroleum,... 2009-06-22

South Korea's state-run Korea Gas (Kogas) has signed a Memorandum of Understanding (MoU) with Australia's Woodside Petroleum to cooperate on the development of gas projects in Australia.