Saturday, April 26, 2025

South Korea News

Chilean regulator approves Codelco and SQM joint venture

Codelco announced in a Thursday statement that Chile's competition regulator had approved the deal between Codelco and SQM, the state-run copper company, to create a joint venture for the expansion of lithium production on the Atacama Salt Flats.

Asian countries are looking to purchase more US energy in order to balance trade imbalance

As they try to reduce their trade surpluses with Washington, Asian governments are buying more U.S. gas and oil in order to ease their tariff burdens due to President Donald Trump’s new import duties. Many Asian…

Asian countries are looking to purchase more US energy in order to balance trade imbalance

As they try to reduce their trade surpluses with Washington, Asian governments are buying more U.S. gas and oil in order to ease their tariff burdens due to President Donald Trump’s new import duties. Many Asian…

South Korea and Vietnam boost their economic ties despite looming US trade tariffs

South Korea and Vietnam have agreed to expand their economic cooperation following a ministerial meet on Monday. This comes at a time of great urgency for both countries to reduce the impact of possible U.S. Tariffs.

Yonhap reports that South Korea is seeing Trump start tariff talks with Seoul and Japan, as well as India.

Han Duck-soo, South Korea's acting president, said that Donald Trump, the U.S. president, appeared to have ordered on Monday that talks about tariffs begin immediately with South Korea and Japan, Yonhap News Agency reported.

Want to reduce your trade surplus with Trump Russell

There are certain trends that will likely emerge amid the chaos and confusion created by U.S. president Donald Trump's global tariff rollout and retreat. One is that countries looking to make a deal will purchase more U.S.

Want to reduce your trade surplus with Trump Russell

There are certain trends that will likely emerge amid the chaos and confusion created by U.S. president Donald Trump's global tariff rollout and retreat. One is that countries looking to make a deal will purchase more U.S.

China's petchem plants could be closed as US LPG tariffs loom

Industry insiders say that Chinese petrochemical manufacturers who buy US LPG worth $11 billion annually will cut production or close for maintenance as Beijing's tariffs on U.S. imported products drive up prices. Over 30 PDH plants rely heavily on U.S.

South Korea's trade minister is considering steps to boost US imports

The South Korean trade minister stated on Tuesday that his government is considering a package of measures designed to increase U.S. exports. He was heading to Washington for negotiations over U.S. Tariffs. Minister…

Trump tariffs are set to worsen the woes in the petchems industry

Industry officials and analysts warned that the new U.S. import duties will further reduce demand for global producers of petrochemicals and increase capacity cuts in a sector plagued with low margins. The tariffs…

Data shows that global coal power capacity is expected to increase in 2024.

Global Energy Monitor, a U.S.-based think tank, reported on Thursday that the world's coal power fleet increased by 18,8 gigawatts, its smallest increase in over two decades. However, new additions to China and…

Alaska Governor briefs Trump on Asia Gas Push as Tariffs Bite

Alaska's Governor said that he would brief U.S. president Donald Trump's Administration after returning from Japan in the next week about progress made to secure Asian support for a project to develop natural gas…

The prize is worth billions of dollars, but winning it is the key: Russell

Decarbonising steel is one of the biggest challenges to meeting climate goals. However, it could be extremely profitable for those companies and governments willing to take on the risk. Steel value chain is responsible for 7 to 9% global carbon emissions.

Osaka Gas' president claims that it has no immediate requirement for additional US LNG.

Osaka Gas' president stated on Wednesday that the company does not need to purchase more liquefied gas from the United States as it already has enough to last until the middle of next decade. U.S. president Donald Trump pushes energy sales to Asian allies…

South Korea hosts Alaska Governor, energy team amid talks of gas pipeline

Alaskan state officials, including the governor, and energy officials will visit South Korea Tuesday amid expectations that talks with U.S. ally countries in Asia can revive a natural gas project that has been stalled. The main U.S.

Japan Gas Industry Head: Higher US LNG Imports Must be Mutually Beneficial

The head of Japan's Gas Industry Group said that higher imports of U.S. Liquefied Natural Gas would improve Japan's energy security and supply stability. However, they must be pursued on a mutually-beneficial basis for both parties. U.S.

Qilak LNG is Alaska's smaller natural gas project. It wants to play a part in Trump's Asia push.

Mead Treadwell, the Chief Executive of Qilak LNG who is hoping to develop an LNG project in Alaska wants to join President Donald Trump’s push to increase gas exports to Asian markets from the remote peninsula, she said.

Alaska LNG project to start by 2030, says state governor

Alaska Governor Mike Dunleavy announced on Friday that exports of liquefied gas from Alaska may begin as early as 2030. In his speech to Congress, Donald Trump praised the $44 billion Alaska LNG Project. The project…

Alaska LNG project could begin as early as 2030, says state governor

Alaska Governor Mike Dunleavy announced on Friday that exports of liquefied gas from Alaska may begin as early as 2030 or 2031. In his speech to Congress, Donald Trump praised the $44 billion Alaska LNG Project.

After Trump's tariffs on crude oil, Mexico is seeking Asian and European buyers

Pemex, the Mexican state-owned oil company, is currently in discussions with buyers in Asia and Europe. This is because it's looking for alternative markets to sell its crude oil after U.S. president Donald Trump imposed import tariffs.

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