Oil Refiners to Jack Up Investment for Facility Upgrade

SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s major oil refiners plan to invest some 3.5 trillion won (US$3.3 billion) over the next three years to upgrade their facility and diversify their business portfolio, the country’s energy ministry said Friday. During a meeting with Paik Un-gyu, minister of trade, industry and energy, chief executives of [...]