Korea secures 273 millions barrels of crude oil: Presidential aide

Korea has secured 273 million barrels of crude oil by the end of this year from four Middle Eastern nations, presidential chief of staff Kang Hoon-sik said on Wednesday.

2026-04-15

Local governments implement energy-saving measures as oil, gas prices surge due to Iran war

Amid energy supply concerns due to the Iran war, South Korean cities, including Seoul and Daejeon, are implementing measures to reduce energy consumption, focusing on nighttime lighting and public institution participation.

2026-04-15

EV charging fees to be discounted on weekends: Gov't

EV charging costs will be reduced by up to 15 percent during afternoon hours on weekends starting this week, the Ministry of Climate, Energy and Environment said Tuesday.

2026-04-14

LG Energy targets 50% productivity increase by 2028 through AI transformation

LG Energy Solution aims to boost productivity across its operations by 50 percent by 2028 through AI transformation.

2026-04-13

Korea plans cash relief handout for 70% of public, some foreigners eligible

The government will provide cash support to 70 percent of the population to offset the impact of rising living costs linked to the Middle East conflict. A range of 100,000 won and up to 600,000 won ($68 up to $405) will be provided per person.

2026-04-11

Chemical importers to get regulatory reprieve as Climate Ministry moves to stabilize supply

Chemical importers will be allowed to replace a hazard assessment with a testing plan in a bid to stabilize supplies rocked by the Iran war, the Ministry of Climate, Energy and Environment announced Friday.

2026-04-10

Public parking spaces will operate on a rotation system from Wednesday. Here's what you need to know.

Starting Wednesday, public parking spaces nationwide will allow vehicle entry based on the last digit of their license plates under the so-called “five-day rotation system.”

2026-04-08

LG Energy Solution expects to post operating loss in Q1 due to fallout from Iran war

Battery maker LG Energy Solution expects to post an operating loss in the first quarter of this year due to the fallout from the Iran war.

2026-04-07

Han River to heat, cool subway platforms, indoor spaces at future transit center

Water from the Han River will both heat and cool subway platforms and indoor spaces at a soon-to-be-built transit center in Gangnam District, southern Seoul, the city government announced on Monday.