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06.03.25 - 13:42
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Watch: South Korea Fighter Jets Accidentally Drop Bombs On Small Town (ZeroHedge)
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Watch: South Korea Fighter Jets Accidentally Drop Bombs On Small Town
South Korean F-16 fighter jets accidentally dropped Mk82 bombs on a town near the North Korean border during a live-fire drill, injuring 15 people and damaging multiple buildings, local media reported.
The South Korean Air Force confirmed to The Korean Herald that two F-16s dropped eight unguided MK-82 bombs outside the Seungjin Training Ground area that landed in the town of Pocheon.
After reports that a shell impacted the Pocheon area in South Korea and hit a house, South Korea's MBC News is now reporting that 7 are injured in total. MBC News also mentioned that the incident may be the result of a “fighter jet misfire” during joint exercises with the United… pic.twitter.com/20FGxP9TBE
— OSINTdefender (@sentdefender) March 6, 2025
Officials said the fighter jets were part of Freedom Shield Exercise 2025, the annual military exercise between the South Koreans and the Americans.
Footage of the bombing near N...
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18.01.25 - 06:27
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South Korea Looks To Boost American Oil & Gas Purchases To Appease Trump (ZeroHedge)
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South Korea Looks To Boost American Oil & Gas Purchases To Appease Trump
South Korea is looking at a plan to purchase more US oil and gas to diversify its energy sources, and also 'potentially head off the threat of President-elect Donald Trump's proposed tariffs,' Bloomberg reports.
The possible move would be aimed at reducing the trade surplus with America, as well as improving the country's energy security, according to Thursday comments in Seoul from Minister of Trade, Industry and Energy, Ahn Duk-geun. The country is also considering additional government support for companies so they can import more oil and gas from countries outside the Middle East.
"Other countries are all talking about how they need to ease the growing trade deficit under the Trump administration," said Ahn. "We are pretty much in the same situation so we are thinking about increasing energy imports, and there's also a need to diversify supplies to improve energy security."
Ahn Duk-geunPhotographer: SeongJoon Cho...
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19.12.24 - 14:12
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South Korea offers Equinor floating wind power contract (Reuters EN)
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South Korea offers Equinor floating wind power contract By Nora Buli OSLO, Dec 19 (Reuters) - Norwegian energy company Equinor EQNR.OL has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company said on Thursday. "We have received an offer for an offtake contract for our Bandibuli project," an Equinor spokesperson told Reuters....
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04.12.24 - 15:45
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Exporters sell US soybean oil to South Korea- USDA (Reuters EN)
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CORRECTED-TABLE-Exporters sell US soybean oil to South Korea- USDA Corrects commodity to 'soybean oil' and destination country to 'South Korea' in the headline Dec 4 (Reuters) - The U.S. Department of Agriculture confirmed the following recent sales of grains and oilseeds for export through its daily reporting system. Date reported Value (tonnes) Commodity Destination Year Volume previously reported unknown 4 Dec....
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04.12.24 - 09:38
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South Korea′s S-Oil seeks LNG supply from 2027 onwards (Reuters EN)
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South Korea's S-Oil seeks LNG supply from 2027 onwards SINGAPORE, Dec 4 (Reuters) - South Korea's S-Oil 010950.KS is seeking an annual delivery of six cargoes of liquefied natural gas (LNG) from 2027 to 2041, two sources said on Wednesday. The refiner is seeking the cargoes to be delivered from the start of January 2027 to end-June 2041, the sources added....
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22.11.24 - 19:51
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Russia Provided Missiles, Oil To North Korea In Exchange For Troops: Seoul (ZeroHedge)
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Russia Provided Missiles, Oil To North Korea In Exchange For Troops: Seoul
South Korea has said that in return for sending thousands of troops to assist Russia in fighting Ukraine, North Korea has received missiles from Moscow, along with other defense equipment.
South Korea's national security adviser Shin Won-sik was asked by a reporter Friday what Pyongyang stands to gain from deploying an estimated 10,000 troops to Russia, to which he responded: "It is understood that North Korea has been provided with related equipment and anti-aircraft missiles to strengthen Pyongyang's weak air defense system."
Central Pyongyang, via Reuters
This appears based on the defense pact signed between Russian President Vladimir Putin and Kim Jong Un this summer. It requires both nations to provide military assistance to the other "without delay" if their territory comes under attack.
North Korean troops are reported to already be dispatched to Kursk region to assist Russian forces in repelling the Ukrainia...
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05.06.24 - 08:00
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Act-Geo founder arrives in Seoul to explain oil find (Korea Herald)
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Following the recent announcement that South Korea may have discovered up to 14 billion barrels of oil and gas reserves off its southeastern coast, Vitor Abreu, the owner of Act-Geo, the firm responsible for the discovery, arrived in Seoul on Wednesd...
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