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Korean builders' overseas orders down 31% through Nov.
...y region, orders from Asia accounted for the lion's share with $10.6 billion, followed by the ones f... billion worth of overseas orders. For decades, oil-rich Middle Eastern countries had been the larg...
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LG International's JV listed on Omani stock market
LG International Corp. said Monday that its joint venture with Oman Oil Co. has been listed on the Omani stock market, a move that helped the South Korean developer of natural resources recover part ...
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S. Korea's exports likely to suffer worst drop since 2009: reports
...onductors account nearly one-fifth of the country's exports. "South Korea's exports declined sharpl...lump in semiconductors and drop in international oil prices," said Lee Geun-tae, a researcher at LG ...
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#Hyundai Oilbank to launch new brand for oil with less sulfur
Hyundai Oilbank to launch new brand for oil with less sulfur By Cho Chung-un South Korea’s major oil refiner Hyundai Oilbank said Thursday it plans to launch a new brand of its very-low sulfur fuel...
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7 importers to recall over 12,000 vehicles
...les -- will recall 12,053 units of 16 models. VW’s Tiguan was found to have a faulty air bag while ...ms with the spare tire holder. Defects in engine oil pressure system of the Kymco AK550i imported by...
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Trade insurer to offer financing worth $3b to UAE oil firm
South Korea's state-run trade insurance firm said Monday it has agreed to offer financial support worth $3 billion to the Abu Dhabi National Oil Company in line with its efforts to expand ties with t...
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Samsung Heavy wins W187b order for 2 oil tankers
...on ($158 million) order to build a two ice-class oil tankers. Under the deal with a European shippe...oduction of ice-breaking vessels, delivered world's first bi-directional ice-breaking tanker in 2005...
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S. Korea's Nov. consumer price growth turns positive
South Korea's consumer prices rose 0.2 percent on-year in November, marking the first gain in four ...es to rise 0.48 percent in November. The country's inflation fell 0.6 percent on-month last month, ...
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[From the Scene] SK Energy to complete vacuum residue desulfurization in Jan.
...e of producing 40,000 barrels of low-sulfur fuel oil per day from March next year after the trial ru...the IMO regulations,” Lee said. Two other local oil refiners, include Hyundai Oilbank and S-Oil, ar...
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New IMO rules, lower fuel prices unlikely to affect S-Oil: analysts
S-Oil, headquartered in Seoul and wholly owned by Saudi Aramco, is unlikely to be affected by conce...rtion of high-sulfur heavy fuel such as Bunker C oil from 12 percent to 4 percent by starting the op...