[2025-12-17]7th 2025 Oil Conference Held
The Ministry of Trade, Industry and Energy held the 7th 2025 Oil Conference under the theme of ‘Strategic Transition and Sustainable Growth of the Refining Industry’.
Kim Tae-hwan from the Korea Energy Economics Institute predicted that oil demand will remain at current levels until 2035, but oil production investment has stagnated, necessitating efforts to ensure supply stability.
The Ministry plans to focus on expanding the adoption of manufacturing AI, supporting investment in facility efficiency, and improving systems for using eco-friendly materials.