Friday July 25, 2008
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Latest South Korea Oil & Gas News

  • SKorean shares end lower as Samsung Electronics slumps over 6 pct - UPDATE 25 Jul 2008 16:48 GMT
    ... SKorean shares end lower as Samsung Electronics slumps over ... Electronics slumps over 6 pct - UPDATE SEOUL (Thomson Financial) - South Korean shares fell on Friday after weaker-than-expected quarterly results ...

  • Nations can thrive without democracy, but only for so long 25 Jul 2008 16:37 GMT
    ... forever. Russia's current prosperity floats on high oil prices, which are even now showing signs of ... Gilley notes that the middle classes of South Korea, Taiwan and the Philippines were co-opted ...

  • Seoul shares open up on weaker oil prices 25 Jul 2008 09:35 GMT
    ... SEOUL, Jul 25, 2008 (Asia Pulse Data Source via COMTEX) -- South Korean stocks got off to a strong start Thursday as weakening oil prices eased investor concerns ...

  • BRIEFING - ASIA INFRASTRUCTURE - JULY 25, 2008 25 Jul 2008 09:35 GMT
    ... a Letter of Award from Murphy Sarawak Oil Co. Ltd. CHINA'S NDRC RATIFIES FOUR NEW ... REPORTS 32 PCT NET GAIN IN Q2 SEOUL - Samsung Engineering Co. (KSE:028050), South Korea's top plant construction company, said today its ...

  • BRIEFING - ASIA ENERGY - JULY 25, 2008 25 Jul 2008 09:35 GMT
    ... a Letter of Award from Murphy Sarawak Oil Co. Ltd. CHINA TO TIGHTEN CONTROL ON ... NET PROFIT RISE 45% ON CRACKING MARGIN SEOUL - S-Oil Corp. (KSE:010950), South Korea's third largest refiner said Friday its net ...

  • Seoul shares surge on weaker oil prices 25 Jul 2008 09:34 GMT
    ... SEOUL, Jul 25, 2008 (Asia Pulse Data Source via COMTEX) -- South Korean stocks surged late Thursday morning as investors picked ... around $20 since July 15. Dubai crude, South Korea's benchmark, also declined $5.43 to trade at ...

  • S.Korea won down on stocks, oil;intervention seen 25 Jul 2008 09:19 GMT
    ... S.Korea won down on stocks, oil;intervention seen SEOUL, July 25 (Reuters) - The South Korean won <KRW=&gt; dipped against the dollar on Friday after local shares fell on foreigners' sales ...

  • European markets may extend losses; global cues weak 25 Jul 2008 07:31 GMT
    ... are trading sharply lower on Friday. However, oil's rebound on Thursday is likely to support the ... quarter loss, while weakening metals and crude oil prices hit mining and energy stocks. The FTSEurofirst ... All Ordinaries is plunging more than 3%, South Korea's KOSPI is down 1.7% and China's ...

  • UPDATE 1-SK Energy Q2 operating profit up on strong margins 25 Jul 2008 07:31 GMT
    ... SEOUL, July 25 (Reuters) - SK Energy (096770.KS: ... prices," SK Energy said in a statement. South Korean refiners, which suffered from below-consensus earnings in the ...

  • Hyundai looks up as sales go down 25 Jul 2008 07:29 GMT
    ... South Korea's Hyundai Motor said yesterday that its ... in sales, and vowed to fight high oil prices by aggressively exporting more fuel efficient vehicles. ...

  • South Korea's economy grew 0.8 percent in 2nd quarter led by exports, manufacturing 25 Jul 2008 07:28 GMT
    ... South Korea's economy, Asia's fourth-largest, grew 5 percent ... growth will likely remain weak as high oil prices continue to eat into household budgets and ...

  • SK Energy Q2 operating profit up on strong margins 25 Jul 2008 07:09 GMT
    ... SEOUL, July 25 (Reuters) - SK Energy (096770.KS: ... from a year ago, boosted by strong oil products sales. The country's top refiner posted ...

  • Ford, Daimler, Hyundai profits fall (Today) 25 Jul 2008 06:56 GMT
    ... scale back production. The rising cost of oil and raw materials and the economic slowdown ... Korean won was partly to blame, the Seoul, South Korea-based automaker said. Hyundai also said it was ...

  • Ford, Daimler, Hyundai profits fall 25 Jul 2008 06:56 GMT
    ... scale back production. The rising cost of oil and raw materials and the economic slowdown ... Korean won was partly to blame, the Seoul, South Korea-based automaker said. Hyundai also said it was ...

  • High Oil Leads to Rise in Subway Use 25 Jul 2008 06:55 GMT
    ... Soaring oil prices are pushing people to leave their ... at home and crowd onto subways in Seoul. According to the Seoul Metro subway authority ...


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