April 18, 2014 8:26 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Korea National Oil Corporation

Company Overview

Korea National Oil Corporation, together with its subsidiaries, is engaged in the exploration, development, and production of crude oil and natural gas in Korea and internationally. The company operates in six segments: Resource Development and Refinery, Oil Trading, Oil Stockpiling, Financing, Drillship Chartering, and Others. It is involved in the purchase and sale of crude oil. The company also imports and exports crude oil and petroleum products; lends and sells oil stockpiles; constructs, manages, operates, and leases oil stockpiling facilities; and provides financing services for companies engaged in energy and natural resources industries. In addition, it is involved in the drillship ...

57, Gwanpyeong-Ro

212 Beon-Gil


Anyang,  431-711

South Korea

Founded in 1979


82 3 1380 2114


82 3 1387 9323

Key Executives for Korea National Oil Corporation

Chief Executive Officer
Age: 61
Chief of Institute of Exploration & Production Technology
Executive Vice President for Europe & Africa Group
Executive Vice President of Production Group and Standing Director
Age: 54
Executive Vice President of Strategy & Planning Group and Standing Director
Age: 56
Compensation as of Fiscal Year 2013.

Korea National Oil Corporation Key Developments

Korea National Oil Corporation Presents at 2014 CAPP Scotiabank Investment Symposium, Apr-04-2014 08:45 AM

Korea National Oil Corporation Presents at 2014 CAPP Scotiabank Investment Symposium, Apr-04-2014 08:45 AM. Venue: Sheraton Centre Toronto, 123 Queen Street West, Toronto, Ontario, Canada. Speakers: Grant Ukrainetz, VP, Treasurer.

Korea Electric, Korea National And Korea Gas Reportedly To Sell Stake

Korea Electric Power Corp. (KOSE:A015760), Korea National Oil Corporation and Korea Gas Corp. (KOSE:A036460) recently submitted their plans to the finance ministry, which focused on reducing their stakes in core offshore energy development projects, finance ministry and industry sources said. Korea Gas Corp. plans to sell a 49 percent stake in a project to develop gas fields in Iraq. Korea National Oil Corp. proposed to sell stakes held by its Canadian subsidiary in oil and gas fields. Korea Electric Power Corp. and other power-generating subsidiaries have offered to sell their stakes in offshore uranium and coal mines, the sources said.

Panther Trading Interested In Korea National Oil's Canadian Harvest Refinery

Korea National Oil Corporation's efforts to sell its Canadian Harvest refinery have attracted the interest of Panther Trading AG. Panther Trading AG is conducting due diligence on the 115,000 b/d refinery, according to a Korean press report on Tuesday quoting unnamed banking sources. Panther Trading is said to be working with Deutsche Bank as the principal underwriter for the sale.

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