All eyes will be on Daegu in May as it hosts the World Gas Conference, the first major global event to be held in Korea since the outbreak of Covid-19, covering key issues of natural gas and related technologies.
All available levers are being pulled to tame inflation, with the authorities fixing prices over which they have direct control and monitoring others for possible intervention.
Posco International signed a 770.9-billion-won ($690 million) deal to acquire a controlling interest in Senex Energy, the sixth-largest Australian natural gas producer.
President Moon Jae-in officially declared South Korea's upgraded nationally determined contributions (NDC) targets, committing to reduce greenhouse gas emissions by at least 40 percent by 2030 at the United Nations climate summit in Glasgow Monday.
Posco International, 62.9 percent owned by Posco, said Monday it signed an agreement with Malaysia's state-owned oil and gas company to explore and operate a gas field in the Southeast Asian country.
Gas prices in Korea have continued to rise as oil prices hit a seven-year high amid the global economic recovery, data showed Monday.
Posco is hosting a three-day forum held to discuss ways to reduce greenhouse gas emissions in steelmaking.
Disposable butane gas canisters play a surprisingly big role in Korean life, from camping trips and cookouts to the local kimchi jjigae restaurant.
FTC fined Audi Volkswagen 831 million won for false advertising about its cars' emissions, the second time in five years. Italian automaker Stellantis, manufacturer of the Jeep, Peugeot and Fiat brand, was fined 231 million won for the same thing.
CJ Logistics is teaming up with SK Energy to use its gas stations as local fulfillment centers.