South Korea | Egypt Oil & Gas - Part 7
Oman Oil Executive Found Guilty in Anti-Corruption Campaign
The chief executive officer of Oman Oil Company has been sentenced to 23 years in jail in a landmark case that found that Ahmad Al-Wahibi accepted a bribe of $8 million from Korea-based firm LGI, a report said.
South Korea to Expand Energy Cooperation with Kuwait
South Korea is seeking to promote economic ties with Kuwait to the level of energy cooperation, visiting Minister of Trade, Industry and Energy Yoon Sang-jick has said.
Iran Methanol Mega Plant to Rival US Shale Gas
Iran is building the world’s largest methanol plant which the country is touting as a rival to US shale gas.
South Korea to suspend imports of Iranian oil after EU ban
South Korea said Tuesday that it will halt all Iranian oil imports from the start of July in response to a European Union insurance ban on tankers carrying crude from Iran. South Korea poised to halt Iran oil imports from July
South Korea will effectively become the first of Iran's major Asian customers to halt oil purchases from July 1, when a European Union insurance ban will prevent further imports. South Korea frets as U.S. ups oil pressure on Iran
South Korea, a key U.S. ally, warned the United States on Tuesday it would be difficult to replace Iranian crude supplies and expressed concern that sanctions pressure could lead to higher oil prices. 
