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Exploration study signals significant oil and gas potential in South Korea’s East Sea
The Korea National Oil Corporation (KNOC) has commissioned experts to verify the findings, with the review expected to conclude as early as March. If confirmed, the estimated total oil and gas ...
Parties in dispute over finance minister's role in 'energy diplomacy'
Opposition lawmakers criticized Finance Minister Choi Kyoung-hwan over losses caused by the acquisition of oil company ...
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Korea's Blue Whale drilling faces budget challenges amid economic viability doubts
According to the Ministry of Trade, Industry and Energy and the Korea National Oil Corporation (KNOC) on the 7th, the preliminary conclusion from the first exploration drilling of 'Blue Whale ...
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Gasoline and Diesel Prices Fall for Fifth Consecutive Week, Expected to Decline Further
Gasoline and diesel prices at domestic gas stations have declined for the fifth straight week, dropping to their lowest levels in over two months.According to the Korea ...
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Gasoline, diesel prices fall for fifth week, drop below 1,700 won in Korea
According to the Korea National Oil Corporation (KNOC) oil price information system Opinet on the 15th, the average selling price of gasoline at nationwide gas stations in the second week of March ...