The Korea National Oil Corporation (KNOC) has commissioned experts to verify the findings, with the review expected to conclude as early as March. If confirmed, the estimated total oil and gas ...

This photo, provided by the Korea National Oil Corp. (KNOC), shows workers preparing for drilling aboard the West Capella, operated by Norway-based Seadrill Ltd., approximately 40 kilometers off ...

U.S. exploration firm Act-Geo has said in a report to the Korea National Oil Corp. (KNOC) that it had detected these possible resources, the South Korean Yonhap news agency reported, quoting ...

State-owned Korea National Oil Corporation (KNOC) plans to sell Harvest Operations Corp, its wholly-owned Canada-based subsidiary, a South Korean newspaper cited its CEO as saying on Thursday This ...

The government will open the power supply market in phases to the private sector and allow the listing of power-generating ...

Act-Geo, the US firm behind Seoul's oil exploration project in the East Sea, recently reported such a possibility to the Korea National Oil Corp. (KNOC), according to the officials from the KNOC ...

Kuwait and South Korea highlighted the reciprocity of their bilateral ties while marking Kuwait’s 64th National Day in Seoul ...

A service report submitted to the Korea National Oil Corporation (KNOC) suggests that there is a high possibility of an additional 5.17 billion barrels (Bbl; 1 barrel is approximately 159L ...

While rapidly rising North American production has already squeezed out imports across most of the U.S. Gulf and East coasts, and some of Canada, the Come by Chance refinery is the furthest-flung ...

The Ministry and KNOC plan to soon initiate a second round of exploratory drilling on other promising structures regardless of the results of this first exploratory drilling. From the second ...

Act-Geo, the U.S. firm behind Seoul's oil exploration project in the East Sea, recently reported such a possibility to the Korea National Oil (KNOC), according to the officials from the KNOC and ...