Jane Chung

Indian committee recommends moving South Korea-owned plant hit by gas leak

07 Jul 2020

CHENNAI/SEOUL An investigation into a deadly gas leak at a South Korean-owned chemical plant in southern India that killed 12 people in May recommended the factory be moved away from inhabited areas, according to its full report released on Tuesday.

Middle East crude share in S.Korea's first-half imports set to hit 32-year low

29 Jun 2020

* MidEast crude share estimated at 67% in H1 - Reuters calculations

UPDATE 1-S.Korea's May U.S. crude imports fall to lowest since Nov 2018

15 Jun 2020

* Jan-May crude imports at 56.91 mln T, down 7.0% on-year (Recasts, adds details)

Refineries around Asia join Chinese peers in ramping up oil output

09 Jun 2020

SEOUL/BANGKOK/SINGAPORE Refineries from India to South Korea are expected to increase output from June, joining their Chinese counterparts as the easing of lockdown measures boosts demand for oil products, industry executives said.

Oil prices ease on dim economic outlook despite signs of firmer demand

20 May 2020

SEOUL, May 20 Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers.

South Korea's U.S. April crude imports rise 32.1% but broader demand slumps

15 May 2020

SEOUL South Korea's U.S. crude oil imports in April increased 32.1% from a year earlier, although overall crude imports fell as some refiners lowered run rates to cope with a slump in demand, customs data showed on Friday.

UPDATE 1-S.Korea's U.S. April crude imports rise 32.1% but broader demand slumps

15 May 2020

* Total crude imports in April at 11.02 mln T, down 13.6% y/y

Oil prices inch higher on U.S. stockpile drop, but bleak outlook caps gains

14 May 2020

SEOUL Oil prices were lifted on Thursday by an unexpected drop in U.S. crude stocks, but gains were capped by both a bleak outlook for the world's no. 1 economy as the coronavirus pandemic crushes fuel demand and concern over a potential second wave of cases.

South Korea's K-League kicks off with fans watching from afar

08 May 2020

SUWON/SEOUL, South Korea The 2020 K-League season started on Friday with a match between Jeonbuk Hyundai Motors and Suwon Samsung Bluewings played without spectators after a delay of more than two months caused by the coronavirus outbreak.

LG Chem share price falls nearly 2% after deadly gas leak in India

07 May 2020

SEOUL The share price of South Korean chemicals and battery maker LG Chem Ltd dropped almost 2% on Thursday after a gas leak at a factory operated by a unit in India killed at least nine people, and led to hundreds more being treated in hospital.

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