Page 4 - Pohang News Today : Breaking News, Live Updates & Top Stories | Vimarsana

South Korean government on Monday authorized drilling off the country's southeastern coast for oil and natural gas reserves a recent study by a foreign seismic research company indicated would be equivalent to about 14 billion barrels of oil. The resources are believed to be in the in the shores off the Yeongil Bay near Pohang, about 260 kilometers southeast of Seoul, President Yoon Suk Yeol said in a briefing at the...

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South Korea's government has opened the door to drilling for oil and gas E&P off the country's eastern coastline, launching what could be a st...

South Korean steel giant Posco Group said Friday that it held a ground-breaking ceremony for its new plants dedicated to nickel and precursor production, as part of efforts to secure a stable supply chain for secondary battery materials. For this project, Posco partnered with CNGR, a Chinese company renowned for its global leadership in precursor production. In January, Posco Holdings and CNGR established Posco CNGR ...

POSCO, CNGR break ground for joint production of nickel, precursors