natural gas Archives | Be Korea-savvy
POSCO International to Boost Natural Gas Production with Australian Partner

POSCO International to Boost Natural Gas Production with Australian Partner

SEOUL, Sept. 25 (Korea Bizwire) — POSCO International Corp., the commodity trading unit of South Korean steel giant POSCO Holdings Co., said Sunday it is investing a combined 280 billion won (US$198.2 million) to triple its natural gas production in the next three years. The funding will be provided to Senex, a subsidiary co-owned by [...]

Romet Limited Selected Canada’s Best Managed Companies 2018 for Second Consecutive Year

Romet Limited Selected Canada’s Best Managed Companies 2018 for Second Consecutive Year

TORONTO, Mar. 26 (Korea Bizwire) — Romet Limited was honored for a second consecutive year with Canada’s Best Managed Companies designation, a respected and leading business awards program, recognizing excellence in private Canadian-owned companies. Each year, hundred’s of entrepreneurial companies undergo a rigorous application process, but only the best are awarded with this prestigious designation.   [...]

S. Korea Asks Australia to Reconsider Plans for LNG Export Limits

S. Korea Asks Australia to Reconsider Plans for LNG Export Limits

SEOUL, Nov. 14 (Korea Bizwire) — South Korean business leaders said Tuesday they have asked Australia to reconsider its plans to restrict natural gas exports, concerned that the measure will affect access to the energy resource. The Federation of Korean Industries (FKI) said it made the request at the Australia-Korea Business Council (AKBC) meeting held [...]

Natural Gas Usage Declines Despite Increasing Number of Households

Natural Gas Usage Declines Despite Increasing Number of Households

SEOUL, Nov. 21 (Korea Bizwire) – The increase of single-person households in Korea has brought about another change in household consumption – the declining use of natural gas (liquefied natural gas).  According to the Korea City Gas Association and other industry sources, although the number of households in Korea increased from 10.95 million in 2005 [...]

Xcel Energy Announces Plan to Significantly Boost Solar Energy Resources Through Large-Scale Projects

Xcel Energy Announces Plan to Significantly Boost Solar Energy Resources Through Large-Scale Projects

MINNEAPOLIS, March 4, 2014 (Korea Bizwire) – Citing the advantage of adding more solar energy at a lower customer  cost, Xcel Energy (XEL) submitted to state regulators a plan to  add up to 150 megawatts of large-scale solar resources in its Upper  Midwest service territory by the end of 2016. “We are excited to develop solar [...]