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KAIST and Princeton University launch Net-Zero Korea project
SEOUL, August 27 (AJP) - South Korea's prestigious research institute, the Korea Advanced Institute of Science & Technology (KAIST), and Princeton University have launched a joint initiative called Net-Zero Korea, aimed at helping South Korea accelerate its transition to carbon neutrality. The project was announced on August 27 at the World Climate Industry Expo in Busan. It will be led by Professor Jeon Hae-won at KAIST's Graduate School of Green Growth and Sustainable Development,
August 27, 2025
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South Korean, US firms sign wide-ranging deals during Lee's Washington visit
SEOUL, August 26 (AJP) - South Korean and American companies signed 11 agreements and memorandums of understanding across shipbuilding, nuclear energy, aviation, liquefied natural gas and critical minerals during President Lee Jae Myung’s visit to Washington. The agreements were announced at a Korea–U.S. Business Roundtable on Monday at Washington D.C. (local time), attended by South Korea’s Trade Minister, Kim Jung-kwan, and U.S. Commerce Secretary Howard Lutnick, according t
August 26, 2025
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Attempted leak of nuclear-related software possible cause behind South Korea's inclusion in 'sensitive country' list
SEOUL, March 18 (AJP) - The recent revelation that South Korea has been classified as a "sensitive country" by the U.S. appears to have been triggered by an attempted leak of nuclear reactor design technology. A semiannual report released Monday by the U.S. Department of Energy (DOE) disclosed that an employee at Idaho National Laboratory (INL) was caught attempting to board a flight to South Korea with software related to nuclear reactors, resulting in the termination of his contract
March 18, 2025
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South Korea belatedly scrambles to avoid fallout from inclusion on US 'sensitive country' list
SEOUL, March 17 (AJP) - Last week's abrupt revelation of South Korea being classified as a "sensitive country" has sent shockwaves through political circles and government agencies here, with key diplomatic figures and senior officials scrambling to assess its implications and potential fallout. Such a classification by the U.S. Department of Energy (DOE), which could restrict cooperation in advanced technologies, may reflect a shift in U.S. policy toward South Korea, one of its c
March 17, 2025
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US adds South Korea in bottom category of sensitive countries list
SEOUL, March 15 (AJP) - The U.S. government officially confirmed Friday that it added South Korea to its “Sensitive and Other Designated Countries List (SCL)” in early January. The U.S. Department of Energy (DOE) said Friday that South Korea was placed in the lowest category on the list, labeled as an “Other Designated Country,” during the final days of the Biden administration. The list includes countries subject to additional oversight due to concerns related to nucle
March 15, 2025
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SK chief meets Viet Nam's communist party chief to discuss energy cooperation
SEOUL, February 16 (AJP) - SK Group Chairman Chey Tae-won has met with To Lam, general secretary of the Communist Party of Viet Nam, to discuss strengthening cooperation in the energy sector and fostering bilateral ties. Chey, who also serves as the chairman of the Korea Chamber of Commerce and Industry, met with Lam in Hanoi on Friday, according to a report by Viet Nam’s state-run news agency VNA. “SK Group possesses world-class capabilities in the energy sector, and we seek to co
February 16, 2025
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PHOTOS: S. Koreans seek renewable energy option for homes
SEOUL, August 22 (AJU PRESS) - To promote Energy Day and the constitutional appeal, activists held a demonstration and press conference outside the Korea Electric Power Corporation's Seoul headquarters on Aug. 22. On Energy Day, 41 plaintiffs filed a constitutional appeal against laws that allow general and industrial electricity users to purchase renewable energy but exclude residential consumers. South Korean people who use electricity for private purposes are not given options to choose
August 22, 2024
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SK Innovation, SK E&S boards approve mega-merger plan
SEOUL, July 18 (AJU PRESS) - The boards of SK Group's two energy subsidiaries, SK Innovation and SK E&S, have approved a plan to merge on Nov. 1, which will result in the creation of Asia's largest energy company with assets worth 106 trillion won ($76.8 billion). As part of a large-scale business restructuring effort, SK Group has been pushing for a merger between SK Innovation, the energy holding company, and SK E&S, an unlisted affiliate. Under the plan passed on Wednesday,
July 18, 2024
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SK Innovation, SK E&S boards discuss proposed merger
SEOUL, July 17 (AJU PRESS) - SK Group's two energy subsidiaries, SK Innovation and SK E&S, are holding board meetings on Wednesday to discuss a merger proposal, which could result in the creation of a mega energy company with assets worth 106 trillion won ($76.8 billion) as early as November. As part of a business restructuring effort, SK Group has been pushing for a merger between SK Innovation, the energy intermediate holding company, and SK E&S, which is considered a valuable unl
July 17, 2024
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LG Energy Solution and Analog Devices join forces to enhance battery management technology
SEOUL, June 5 (AJU PRESS) - LG Energy Solution and Analog Devices, Inc. (ADI) have signed a memorandum of understanding (MOU) to collaborate on the development of advanced battery cell internal temperature measurement technology for electric vehicles. The signing ceremony took place at ADI's headquarters in Boston, Massachusetts, on Wednesday (local time). Under the two-year agreement, the companies will work together to supply high-performance battery management integrated circuits (BMIC)
June 5, 2024
