Tag Archives: South Korea

The Japanese government announced a decision Sunday to expand a Japan-South Korea cooperation framework aimed at reducing emissions of methane from natural gas development projects. Twenty-two Japanese companies, including Kansai Electric Power, Tokyo Gas and trader Mitsubishi, will newly join the framework, according to the government. The government made the …

This year, nuclear power has generated more electricity in South Korea than either coal or natural gas for the first time ever, achieving a milestone in one of the world’s top importers of fossil fuels. Nuclear power accounted for 32% of South Korea’s electricity generation mix in the first half …

South Korea’s electric vehicle (EV) sales fell by 0.1% last year for the first annual decline since 2017, as drivers cite fears of batteries catching fire and insufficient number of chargers as key obstacles alongside higher interest rates and high prices. South Korean drivers are concerned that their future EVs …

LG Chem Ltd. and Eni SPA have signed a joint venture agreement for a planned biorefinery in South Korea, toward a final investment decision expected later this year. The project is planned to rise in the town of Daesan on the west coast of the country where local company LG …

South Korea is avoiding the global trend toward long-term agreements on liquefied natural gas due to high prices, a risky move that will leave the top importer exposed to the volatile spot market. State-owned Korea Gas Corp. plans to rely on short-term deals or spot purchases to fill its supply …

The shipping industry has taken another important step towards the era of unmanned ships with the delivery of an LNG-powered capesize bulk carrier in South Korea fitted with artificial intelligence (AI)-based machinery monitoring and safety systems. The 180,000 dwt HL Nambu 2, built by Hyundai Samho Heavy Industries for compatriot …

Ugandan President Yoweri Museveni announced Tuesday that Russia and South Korea will soon start building nuclear power plants in the country. Addressing the 2nd G-25 Africa Coffee Summit, which is being attended by leaders and delegates from 25 African coffee-producing nations at Speke Resort Hotel in Munyonyo in the capital …

South Korean inquiry found Japan’s plan to discharge treated wastewater from the tsunami-wrecked Fukushima nuclear power plant to be “consistent with international safety standards,” the government announced Friday. Bang Moon-kyu, the government policy coordination minister, said the plan proposed by the Japanese government met international standards, including those of the …

Al Gore told the Hankyoreh on Thursday he’s confident that expanding renewable energy is where countries are headed, no matter which government may be currently in power. The 75-year-old climate crusader and former US vice president acknowledged in a Zoom interview with the Hankyoreh that there may be bumps in …

The top nuclear envoys of the US and South Korea have discussed ways to cooperate on countering North Korea’s “evolving nuclear and military threats,” the South Korean Foreign Ministry said on Sunday, according to local media. US Special Representative for North Korea Sung Kim held a meeting with his South …