South Korea

Daewoo , the South Korean conglomerate that is the operator of the A1 and A3 offshore blocks in Myanmar with a 60% stake, has announced strong reserves data. The news highlights... 2007-08-23

South Korea has updated its overseas resources development plan and now aims to achieve self-sufficiency - defined as ownership of natural resources by Korean firms - of close to... 2007-08-07

South Korea's SK Energy has said that it will secure 22.4mn barrels (bbl) of oil over the next seven years from its share in a Brazilian oilfield. SK Energy holds a 40% stake, with... 2007-07-30

A South Korean consortium has announced the discovery of a giant oil field off Russia's Kamchatka Peninsula. The consortium, led by by Korea National Oil Corporation (KNOC) and... 2007-05-31

South Korea's state energy companies have signed oil and gas deals with two Middle Eastern producers as the country seeks to diversify its supply sources and to meet rapidly growing... 2007-05-29

South Korea and Japan have used the second Ministerial Energy Roundtable in Saudi Arabia to propose that Middle Eastern oil producers build up crude and refined product joint stockpiles... 2007-05-03

South Korean and Indonesian officials have announced a US$3.5bn economic cooperation agreement, which was sealed during South Korea's ongoing three day visit to Indonesia on May

South Korea has announced that a consortium of companies, led by state-owned Korea National Oil Corporation (KNOC), plans to buy a 20% stake in Azerbaijan's Inam oil field development... 2007-04-23

South Korea's state-run Korea Gas Corporation (Kogas) has signed a 20 year liquefied natural gas (LNG) purchasing contract with Qatar's Ras Laffan LNG Company (RasGas).

South Korea's largest refiner SK Corporation is to invest KRW555.2bn (US$592mn) in Peru's liquefied natural gas (LNG) project, raising its stake in the venture to 30%. Located... 2007-03-23