Korea Joongang Daily
Korea JoongAng Daily

Fire at Daehan Oil Pipeline Corporation facility contained with no injuries reported

Fire engines and ambulances moved continuously in and out of a Daehan Oil Pipeline Corporation facility in Gyeongsan, North Gyeongsang, after an explosion caused a fire to break out on the cover of the oil tank at around 7:47 a.m. on Tuesday.

2026-02-10

S-Oil named top refinery in 'Korea's Most Admired Companies' survey for 10th straight year

S-Oil ranked first among refining companies in this year’s “Korea’s Most Admired Companies” survey conducted by Korea Management Association Consultants (KMAC), marking the 10th consecutive year the company has received the honor, S-Oil said Tuesday.

2026-02-10

Fire breaks out after outdoor tank explodes at oil pipeline facility in North Gyeongsang

A fire broke out after an outdoor tank exploded at a Daehan Oil Pipeline Corporation facility in Gyeongsan, North Gyeongsang, on Tuesday morning.

2026-02-10

[단독] 트럼프 압박 효과 있었나… 지난해 美 원유 수입 ‘역대 최대’

지난해 한국의 미국산 원유 수입량이 1억7489만 배럴로 집계되며 사상 최고치를 기록했다. 이는 도널드 트럼프 행정부가 관세 협상 과정에서 강조한 원유 수출 확대 기조의 영향으로 보인다.

2026-02-05

Exclusive: As Trump squeezes, Korea’s U.S. crude imports hit all-time high

Korea’s imports of U.S. crude oil hit a record high of 174.9 million barrels last year, according to government data, due primarily to U.S. President Donald Trump’s push to expand energy exports through tariff negotiations.

2026-02-05

Malaysia seizes $129.9 million in crude oil from tankers suspected of illegally transferring oil

Two tankers suspected of illegal ship-to-ship oil transfers were detained and more than 512 million ringgit ($129.9 million) worth of crude oil was seized 24 nautical miles west of Muka Head, Penang, last week.

2026-02-01

Mexican president says her country has paused oil shipments to Cuba

Mexican President Claudia Sheinbaum said Tuesday her government has at least temporarily stopped oil shipments to Cuba, but struck an ambiguous tone, saying the pause was part of general fluctuations in oil supplies.

2026-01-28

S-Oil donates $1.4 million to Community Chest of Korea's fundraising campaign

S-Oil donated 2 billion won ($1.4 million) on Wednesday for the Community Chest of Korea's (CCK) “2026 Hope Sharing Campaign.”

2026-01-21

U.S. military seizes another Venezuela-linked tanker in the Caribbean

The U.S. military said it seized a Venezuela-linked tanker on Tuesday in the Caribbean, marking the seventh such apprehension since the start of U.S. President Donald Trump's monthlong campaign to control Venezuela's oil flows.

2026-01-21

Trump says U.S. to get 30 million to 50 million barrels of oil from Venezuela at market price

U.S. President Donald Trump said Tuesday that Venezuela would be providing 30 million to 50 million barrels of oil to the United States, and he pledged to use proceeds from the sale of this oil “to benefit the people” of both countries.

2026-01-07