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'Integrated Headquarters of Korea National Oil Corporation and Korea Gas Corporation to Be in Ulsan'… Busan-Ulsan-Gyeongnam Cooperation Agreement Reached

(Ulsan=Yonhap News) Reporter Heo Gwang-mu = Ulsan City, Busan City, and Gyeongnam Province agree on the necessity of attracting the tentatively named Korea Energy Resources Corporation to Ulsan following the merger of Korea National Oil Corporation and Korea Gas Corporation...

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(Ulsan=Yonhap News) Reporter Heo Gwang-mu = Ulsan City, Busan City, and Gyeongnam Province agree on the necessity of attracting the tentatively named Korea Energy Resources Corporation to Ulsan following the merger of Korea National Oil Corporation and Korea Gas Corporation...

·Seoul, Korea (the Republic of)
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With the government announcing the merger plan for Korea Gas Corporation and Korea National Oil Corporation, attention is focused on whether it can overcome the hurdle of labor unions. This is because the government did not consult with the unions in advance during the process of formulating the merger plan. Above all, for Korea Gas Corporation, it amounts to taking on Korea National Oil Corporation, which is in a state of complete capital impai…

08/09/2026 - energysdelamer.eu. Last week, the Prime Minister presented the draft offshore wind plan, in parallel with the South Korean government proposing the merger of two of its largest oil and gas companies as part of its latest campaign to consolidate oil and gas

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The Korea Gas Corporation trade union repulsed the promotion of integration between Korea Gas Corporation and Korea Petroleum Corporation, saying “the insolvency of the Petroleum Corporation and the slow integration of leaving debts to the Gas Corporation.” Regarding the “Public Institution Function Reform Promotion Plan” announced by the government on the 3rd, the Korea Gas Corporation Union argued that “although we intend to strengthen energy …

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매일신문 broke the news on Monday, September 7, 2026.
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