WEIFANG, China, Dec. 11, 2024 /PRNewswire/ -- On December 10, the 2025 Weichai Global Partners Conference overseas session was held in Weifang, China, drawing global customers, partners and key stakeholders from the Middle East, Africa, and Southeast Asia. The event served as a platform for reviewing past collaborations, deepening ties, and strategizing future ventures aimed at driving sustainable growth in the global energy sector. Driving Growth through Global Collaboratio

How the political uncertainty caused by President Yoon Suk Yeol’s Dec. 3 martial law declaration and the opposition party’s push to remove him from power is resolved may change the course of the country’s economy. The market is keeping a close eye on Yoon’s political future as the main opposition Democratic Party will put to a vote a second motion to impeach him on Saturday. Yoon’s immediate removal and earlier election Market experts believe an early presidenti

Korean Air is set to finalize its long-awaited 1.8 trillion won ($1.4 billion) merger with Asiana Airlines Thursday, marking a significant step toward positioning the airline among the world’s top 10 carriers and solidifying its status as the largest in Northeast Asia. On Wednesday, Korean Air completed payments for Asiana shares to secure a 63.9 percent stake in the smaller rival, putting an end to the four-year-long journey. The merger marks the end of an era in which the nation’s

Korean oil refiner S-Oil on Tuesday honored eight members of the Korea Coast Guard for their life-saving efforts with awards totaling 90 million won ($62,800). The annual 2024 Hero Maritime Officers awards ceremony was held Monday at a Seoul hotel, with S-Oil CEO Anwar al-Hejazi, Korea National Council on Social Welfare Chairman Kim Seong-yee and Korea Coast Guard Commissioner General Kim Jong-wook in attendance. Han Seung-man, a senior police officer of the Gunsan Coast Guard Station in Gunsan

HOUSTON, Dec. 11, 2024 /PRNewswire/ -- Viking Engineering, a 100% employee-owned GATE Energy company, is proud to announce that their laboratory division, Viking Laboratory Services, has successfully achieved ISO 17025 accreditation. ISO 17025 is the international standard for testing and calibration laboratories. It sets out requirements for the competence, impartiality, and consistent operation of laboratories, ensuring the accuracy and reliability of their testing and collaboration result

이번 회에는 저희 책 Advanced Vocab에서 소개한 중상급 영단어들을 알려드립니다. 단어의 우리말 뜻을 기억하는 데에 그치지 않고, 난이도 있는 단어를 실제로 활용하는 단계까지 나아가 보기 바랍니다. 〈물리적 상태의 변화〉 1. broil [brɔ́il] 굽다 broil은 오븐처럼 막혀 있는 곳에 넣고 굽는 것을 말하며, grill은 프라이팬이나 그릴 위에 올려놓고 굽는 것을 말한다. barbecue는 우리의 숯불구이처럼 불에 바로 노출시켜 굽는다는 뜻이다. Koreans love broiled fish that is cooked until the skin is crisp. 한국인들은 껍질이 바삭해질 때까지 구운 생선을 좋아한다. ● 불고기는 굽기 전에 양념에 담가 놓는 것이 중요하다. It is important for Bulgogi to be marinated before grilled. 2. congeal [kəndʒíːl] 굳

The opposition-led National Assembly on Tuesday passed a bill to downsize next year's government budget by 4.1 trillion won ($2.9 billion) to 673.3 trillion won, marking the first time in constitutional history that the annual budget plan was passed without bipartisan agreement. The bill, introduced by the main opposition Democratic Party of Korea, passed in a 183-94 vote with one abstention during Tuesday's session. The downsized plan slashes next year's budget by 4.1 trillion wo

South Korea’s political crisis, triggered by President Yoon Suk Yeol's short-lived martial law declaration, is casting doubt on several of his administration's cornerstone industrial projects and the country’s ability to navigate trade challenges. The initiatives facing increased uncertainty include a multibillion-dollar nuclear power deal in the Czech Republic and the Donghae deepwater gas field development. The instability comes at a critical moment for South Korea, as sh

China-African Collaboration to Modernize Energy Cooperation Strengthening Mutually Beneficial Partnerships for Shared Growth N'DJAMENA, Chad, Dec. 6, 2024 /PRNewswire/ -- The 2024 China-Africa Think Tanks Energy Forum convened in Chad's capital, N'Djamena. The event, themed "China-Africa Collaboration to Modernize Energy Cooperation: Unlocking New Opportunities for Synergistic Partnerships," brought together over 70 delegates from China, Chad, Kenya, Ethiopia, Nigeria, South Af

South Korea reported a current account surplus for the sixth consecutive month in October, driven by strong sales of semiconductors and cars, central bank data showed Friday. The country's current account surplus reached $9.78 billion in October, following a $10.94 billion surplus the previous month, according to preliminary data compiled by the Bank of Korea. The country has recorded a current account surplus since May, and the accumulated surplus for the first 10 months of the year has mo

BUSAN, South Korea, Dec. 5, 2024 /PRNewswire/ -- The fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-5) was held in Busan, South Korea. During the conference, Hunan Vary Tech Co., Ltd., a leading enterprise in the field of solid waste resource utilization in China, was invited to participate in the INC-5 side event. There, the company showcased China's innovative practices and technological breakthroughs in the field of waste plastic recycling and util

SEOUL, South Korea, Dec. 4, 2024 /PRNewswire/ -- Since its founding in 1984, ILSUNG HISCO (Heavy Industries Solutions Company) celebrated its 40th anniversary with grand ceremonies held in Ulsan, South Korea, in June 2024 and in Houston, USA, in August. The event was attended by major global clients, marking a meaningful occasion to reflect on ILSUNG HISCO's achievements over the past 40 years and pledge a new leap toward its centennial milestone. ILSUNG HISCO ILSUNG HISCO, a

South Korea's consumer prices increased at less than the central bank's 2 percent target for the third consecutive month in November, data showed Tuesday. Consumer prices, a key gauge of inflation, rose 1.5 percent from a year earlier last month, following a 1.3 percent on-year increase in October, according to the data from Statistics Korea. September saw a 1.6 percent on-year increase. South Korea's consumer inflation has stayed below 3 percent since April and fell below the inf

HONG KONG, Dec. 3, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Jinzhou 23-2 Oilfield Development Project has commenced production. The project is located in the northern part of the Bohai Sea, with an average water depth of approximately 13 meters. The main production facilities include 2 new central processing platforms. A total of 67 development wells are planned to be commission

The main opposition Democratic Party of Korea slashed the government budget for next year and passed the reduced budget unilaterally through the Special Budget Settlement Committee. The party, which has a majority in the National Assembly, is also pushing to impeach chair of the Board of Audit and Inspection and senior prosecutors. It seems determined to disturb the government. The budget the majority party passed through the committee amid a ruling party boycott Friday reflects only reductions