In November 2018. US granted exemptions to eight countries including South Korea to import Iran oil.
Read More »Saudi Aramco. Total Sign MoU to Build Polyisobutylene Facility
This specialty chemical project will be part of the large-scale petrochemical complex of Amiral. located in the value park.
Read More »Saudi Aramco Considers to buy stake in Hyundai Oil bank
Aramco'.s plan to buy a stake in Hyundai Oilbank can be seen as Saudi Arabia'.s move to secure its market share in South Korea.
Read More »South Korea Resumes Crude Oil Imports from Iran
Trump had no choice but to exempt some importers of Iranian oil. including India. South Korea. China and Japan from the order.
Read More »Kogas Seeks to Take Lead in Global LNG Market
Kogas is now expanding its business in the global market and is participating in 13 exploration and production projects.
Read More »LG and GS to Cooperate on Electric Vehicle Charging Stations
In November. LG created new divisions for robotic and autonomous vehicles which report directly to the CEO.
Read More »S. Korea Imports no Iran Oil in November despite Sanctions Waiver
South Korea’s crude oil imports from January to November inched up 0.6 percent from the year before to 131.23 million tonnes.
Read More »S. Korean Shipbuilders Fare Well on Surge of LNG Carrier Orders
The global demand for LNG carriers is forecast to grow further for some time.
Read More »Iran Finalize Oil-for-Goods Deal with South Korea
Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.
Read More »Japan. South Korea to Resume Iran Oil Imports from January
It takes about 25 days for oil shipments from Iran to arrive at South Korea.
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