Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA). As major importing regions—including …
Common food additives known as phosphates may help lung cancer tumors grow faster, at least in mice, South Korean researchers reported. Their tests in mice suggest the additives
A huge South Korean land reclamation project has destroyed wetlands, killed migratory birds and pushed endangered species toward extinction, a report obtained at the weekend said. The Saemangeum land reclamation, completed in 2006 on the west coast and covering about 400 square kms (155 sq miles) -- about seven times …
The South Korean government Thursday pledged a loan of Rs 3.54 billion to Nepal for the construction of the Chameliya hydro project. The agreement regarding the hydropower project was made at the Ministry of Finance today. Ambassador of the republican of Korea to Nepal Nam Sang-Jung and Secretary at the …
A wall of heat and sulphur from a towering furnace stoked to 1,500 degrees Celsius hits onlookers at POSCO's Pohang plant in South Korea amid the din of coal and iron ore rattling into vats of molten metal. Pohang's oldest furnace, with a 35-year history, helped POSCO grow into the …
Groundwater recharge and base flow using different investigated methods are simulated in the 15-ha Bukmoongol small-forested watershed located at the southern part of Korea. The WHAT system, PART, RORA, PULSE, BFI, and RAP software are used to estimate groundwater recharge or base flow and base flow index from the measured …
Vladimir Radyuhin MOSCOW: Russia has reached agreement with South Korea to supply 10 billion cubic metres (BCM) of natural gas a year. The deal will help Russia diversify gas exports away from Europe, which seeks to reduce its dependence on Russian energy. Under the preliminary agreement, signed on Monday on …
South Korea said on Wednesday it would launch its first carbon trading firm to fund clean energy projects and encourage investment in emission trading, joining the global push to tap the US$64 billion carbon market to fight climate change. Korea Carbon Finance will launch this month with 5 billion won …
Posco of South Korea, the world's fourth-largest steelmaker, has moved to strengthen the security of its coal supplies by joining ArcelorMittal and China's Citic on the share register of Macarthur Coal. The three groups together now control almost half of the A$4.2bn (US$4bn) Australian group, making it virtually impossible for …
The Paris-based World LP Gas Association (WLPGA) is organising three-day 21st World LP Gas Forum in Seoul, from September 24-26 with the theme of "LPG: clean energy for a low carbon world". "We are looking forward to our Seoul event and have introduced new initiatives to complement the theme this …
Much as the United States President George W. Bush and the US secretary of state Con-doleezza Rice would like to believe that 'apparent improvement' in the diets of people in India and China is among the causes of the current global food crisis, the food crisis is the result of …
fuel efficient: South Korea will soon become the first nation to set a national greenhouse gas emissions target, though the country is not obliged to make mandatory emission reductions under the Kyoto Protocol. On March 24, it decided to freeze overall greenhouse gas emissions at 2005 levels until 2012. Under …
Lanka, Korea MoU for solid waste management project The Environment and Natural Resources Ministry signed an MoU with the Republic of Korea for the implementation of a joint solid waste management project in four local Government areas in the Colombo District under the Ministry's Pilisara project. Under this agreement, Korea …
Soaring food prices and global grain shortages are bringing new pressures on governments, food companies and consumers to relax their longstanding resistance to genetically engineered crops. In Japan and South Korea, some manufacturers for the first time have begun buying genetically engineered corn for use in soft drinks, snacks and …
China yesterday signed two multibillion-dollar long-term deals to buy liquefied natural gas from Qatar, marking a milestone in Asia's evolution as the hottest market for the fuel. PetroChina struck a deal to buy 3m tonnes of LNG a year over 25 years from 2011 with Qatar and its partner, Royal …
These are the best of times; these are the worst of times. Charles Dickens' famous words describe the present state of European Union-Russia relations perfectly. There has never been as much trade and business between Europe and Russia. Yet political tension has not been this intense since the days of …
SOUTH KOREA'S POSCO said on Thursday it was considering a rise in steel prices, easing fears that rising raw material costs will hit its earnings, and lifting its shares to a four-week high. The company, the world's fourth largest steelmaker, also said it may bid for Daewoo Shipbuilding, which analysts …
South Korea has purchased the first shipment of genetically modified (gm) corn for use in food industries. By the first week of March, the Korean Corn Processing Industry Association bought more than 768,000 tonnes of gm corn, most of them from the us. The association, accounting for 90 per cent …
