South Korea

The global crude oil trade continues to shift in response to attempts by Western countries to encourage their Asian allies to reduce imports of Iranian crude oil, in line with the political... 2012-02-09

South Korea has imposed new sanctions against Iran, targeting the nation's financial institutions and transactions between the two countries. A South Korean foreign ministry spokesperson... 2010-09-08

The BMI oil supply and demand assumptions for 2009 and beyond have again been revised for all 67 countries forming part of our detailed coverage, reflecting the changing macroeconomic... 2009-10-20

Oil market fundamentals remain unattractive. Demand refuses to recover. The US driving season was a non-starter, with gasoline consumption much lower than had been hoped. Industrial... 2009-08-17

In spite of oil prices continuing to trend higher and a mood of inexplicable optimism in the oil markets, we are sticking with our existing assumptions for 2009 and beyond. Talk of... 2009-05-28

The merchants of doom predicting a continuing decline in oil prices will have been frustrated in the opening quarter of 2009. While macroeconomic news has indeed been consistently... 2009-04-08

The BMI oil supply and demand assumptions for 2009 and beyond have again been revised for all 67 countries forming part of our detailed coverage, reflecting the changing macroeconomic... 2009-04-08

South Korea has signed a non-binding deal with Iraq to provide Baghdad with US$3.55bn worth of infrastructure investment in return for interests in oil fields in Basra province in... 2009-02-24

The Nigerian government has revoked exploration contracts covering two offshore oilfields, estimated to hold up to 1bn barrels (bbl) of oil, which were awarded to a South Korean consortium... 2009-02-03

Oman has signed a Memorandum of Understanding (MoU) with South Korea to supply a further 2.76bn cubic metres (bcm) of liquefied natural gas (LNG) per annum from 2008. Under the terms... 2007-10-31