SEOUL, April 5 (Korea Bizwire) — Jet fuel consumption in South Korea tumbled to a 17-year low in 2021 in the wake of the coronavirus pandemic, data showed Tuesday. Jet fuel consumption in Asia’s fourth-largest economy came to 21.17 million barrels last year, down 2.6 percent from a year earlier, according to the data from [...]
CEDAR PARK, Texas, Feb. 21 (Korea Bizwire) – VUV Analytics, Inc. today announced a significant achievement in their international fuels analysis strategy with the news that ASTM D8267 has been added to Def Stan 91-091.* With this publication, ASTM D8267 can now be used to analyze and certify conventional jet fuels and sustainable aviation fuel (SAF) blends, instead [...]
SEOUL, Sept. 7 (Korea Bizwire) — Korean Air Lines Co., South Korea’s biggest carrier, is accelerating efforts to transform into an eco-friendly airline by introducing carbon neutral jet fuel for the first time among domestic airlines. The company announced on Monday that it had formed a tie-up with refiner SK Energy Co. for the introduction [...]
SEOUL, Sept. 11 (Korea Bizwire) — South Korea’s jet fuel consumption tumbled nearly 40 percent in the first half of the year as the coronavirus pandemic caused air travel demand to hit the skids, data showed Friday. Consumption of jet fuel in Asia’s fourth-largest economy came to 11.6 million barrels in the January-June period, down [...]