SEOUL, Jan. 17 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner and chemical company, will soon begin mass production of electric vehicle (EV) batteries that will offer a range of 500 kilometers on a single charge. The company is currently building a new EV battery plant in Georgia, the United States, with the [...]
SEOUL, Mar. 20 (Korea Bizwire) — SK Innovation Co. said Wednesday it has broken ground for an electric vehicle (EV) battery plant in the United States. South Korea’s top energy-chemical business group said in November it will invest 1.14 trillion won (US$1.01 billion) to build the 9.8 gigawatt-hour capacity battery plant in the city of [...]
SEOUL, Nov. 15 (Korea Bizwire) – South Korea’s membership in the China-led Asian Infrastructure Investment Bank (AIIB) is paying dividends, with a number of companies winning deals with Bangladesh in recent days. According to the Ministry of Strategy and Finance, LS Cable & System and Hyosung Corp both obtained contracts for work on Bangladesh’s electrical [...]
TBILISI, GEORGIA, Jul. 15 (Korea Bizwire) –Skyland Petroleum Limited (ASX: SKP) (“Skyland” or the “Company”) is pleased to announce that testing of the Kumisi #2 Well in Georgia has resulted in gas flow with good pressure from the Lower Eocene interval. The presence of gas in the Lower Eocene interval (which was also found to [...]
TBLISI, GEORGIA, Jun. 15 (Korea Bizwire) – Skyland Petroleum Limited (ASX: SKP) (“Skyland” or the “Company”) today announced that the semi-horizontal bore hole required for the full production testing on the Kumisi #2 Well in Georgia has been successfully completed on time and on budget. The well showed positive indications of hydrocarbons whilst drilling and [...]
TBLISI, GEORGIA, Apr. 29 (Korea Bizwire) – Skyland Petroleum Limited (ASX: SKP) (“Skyland” or the “Company”) is pleased to announce the completion of its acquisition of a 20% interest in the Block XIG Production Sharing Contract (“PSC”) in the Republic of Georgia. In November 2015, the Company signed an agreement with its local partner, Georgia Oil [...]