Government declares Great Whale prospect unviable, shifts focus to new drilling sites in East Sea Government shifts ...

South Korea has failed to confirm the economic feasibility of one of the potential oil and gas reserves in the East Sea, the ...

The interim leader of the conservative People Power Party, Kwon Young-se, called for continued drilling in Korea's deep-sea ...

A US geoscience research company has made a report on the potential discovery of 14 additional oil and gas reserves in South ...