Korean economy shrinks again in Q1

weak demand for chemical products, machinery and equipment. Imports also fell by 2.0 percent, primarily on declines in energy-related goods such as crude oil and natural gas. The BOK acknowledged

TTC AgriS and Sungai Budi advance Vietnam-Indonesia strategic cooperation, promoting a high-tech circular agriculture model

. Beyond traditional products like desiccated coconut and virgin coconut oil, the companies showcased a growing portfolio of high-value coconut products, including convenient canned coconut water and coconut

Lee Sung-keun wins installation award at Dubai's 'For the Creative by the Creative'

artists from 16 countries were invited to the exhibition co-organized by Artentirous and Paramount Hotel Dubai, running April 12 to 19. Lee's iconic installations are created with oil-tempered steel wire

Sinopec Makes Overseas Debut with Global Energy Forecast: Global Energy Outlook 2060 Report Released

billion tonnes of standard coal by 2045, with renewables comprising 51.8% by 2060. Energy consumption will slow to 25.25 billion tonnes by 2060, with oil and gas making up 35.7%. Oil consumption will peak

Fire drill on Han River

. The drill also included a more complex situation in which the fire spread to the engine room, causing an oil spill into the river. After several more rounds of thorough emergency drills, which are

S. Korea, UAE agree on joint pursuit of overseas nuclear power projects

Korea next year. In a separate one-on-one meeting, the two officials also agreed to expand bilateral cooperation on the joint development of crude oil stockpiles and future energy sources, such as

S. Korea, China set for maritime talks amid tensions over steel structures in Yellow Sea

, believed to be a repurposed decommissioned oil rig. Beijing claims the two floating installations are fish farms to grow salmon, and the fixed structure, equipped with a helicopter landing pad, was built as

Dongying builds future of harmony at Yellow River's end

DONGYING, China, April 22, 2025 /PRNewswire/ -- A news report from chinadaily.com.cn: Situated at the northern tip of Bohai Bay, Dongying in East China's Shandong province stands at the confluence of

Seoul, Beijing to discuss China's unilateral construction in joint maritime zone

have not yet been confirmed. Kang further stated that in March 2022, a South Korean fisheries patrol vessel initially detected the structure, which resembles a fortified offshore oil drilling platform

Chinese submarine cables arrive at S. Korea’s largest offshore wind project

Ministry of Oceans and Fisheries announced on the same day that the government is reviewing a plan to potentially set up a facility in the West Sea in response to China’s installation of a renovated oil