■ SK Energy, SK Earthon, Samsung Engineering, Samsung Heavy Industry, Lotte Chemical, GS Energy, and PETRONAS (Malaysia) signed an MOU for Shepherd CCS Project on August 2nd ■ CO2 emitted in South Korea will be transported to Malaysia and injected/stored in ocean storages – The first case in Asia to develop the overall value chain ...

▲ From left: Kim Tae-wan, Song Jae-yang, La Yeon-hwa, and Lee Ki-sung, the authors of “A bacteria-based carbon sequestration and waste recycling system” study published on Scientific Reports on June 28, 2022.   On June 28, a study about the applicability of a carbon cycle system using sulphur-oxidising bacteria co-written by four researchers of Water ...

■ SK Earthon and AAT signed an MOU to strengthen technological capabilities in the petroleum development and CCS sectors. – Pushing forward with sharing and enhancing their respective technologies and long-term cooperation in monitoring stored carbon in the CCS business area   ■ A case signifying the win-win growth of a large cooperate and a ...

▲ Lee Seong-jun, Head of SK Innovation Institute of Environmental Science & Technology   Q1. In terms of Financial Story implementation, SK Innovation Institute of Environmental Science & Technology already started making some changes, including altering the organization’s name last year. What is your resolution for 2022 as Head of SK Innovation Institute of Environmental ...

▲ Myeong Seong, CEO of SK Earthon   Q1. 2022 is the first year that SK Earthon operates as an independent corporation after the spin-off from SK Innovation in last October. So first of all, we’d like to know your determination for this year.   SK Earthon is currently at the turning point of innovation ...

  “Carbon neutrality” refers to the goal of reducing actual carbon dioxide (CO2) emissions to zero (0) by taking countermeasures to absorb as much CO2 as is emitted. In a report published in 2018, the Intergovernmental Panel on Climate Change (IPPC) predicted that the average global warming would climb above 1.5°C from 2035 to 2052, ...

■ Energy & Mineral Resources Development Symposium held on Dec. 9, 2021, under the theme of “Overseas resource development in the era of carbon neutrality” ■ SK Earthon proposed to sharpen the competitive edge of E&P business with carbon reduction operation, and secure technology specialized in CCS business & expedite excavating the domestic and overseas ...

  In the previous episode of this series, we visited SK Innovation Ulsan Complex, where the fuel for power boilers was changed from Bunker-C to eco-friendly LNG. This time, let’s find out more about the Carbon Capture & Storage (CCS) business on which SK Innovation and SK Energy are working.   Since climate action has ...

–   In a report published on September 6, Ju Min-woo, a researcher from NH Investment & Securities pointed out four major issues that would exert an influence over the secondary (rechargeable) battery industry including ▲the policy direction of the Biden Administration in the U.S., ▲ the direction of the battery technology advancement, ▲ the ...

■ SK Innovation released a special report titled “Net Zero Roadmap 1.0”, laying out specific implementation plans for reducing CO2 emissions, previously mentioned during the SK Innovation Story Day – The first Korean corporation to propose substantial reduction targets and implementation plans throughout the entire Scopes 1, 2, and 3 greenhouse gas (GHG) emissions ■ ...

  The effects of climate change are already quite visible all around the world, urging everyone to take action cope with this huge crisis. It is unquestionable that Green Energy is the most significant solution that can protect our Earth, but how well do you know about the topics and terms that are related to ...

  On May 17th, SK IE Technology’s Chinese subsidiary SK hi-tech battery materials Jiangsu (hereafter “SKIET LiBS(1) Changzhou”) participated in the “East Asia Advanced Equipment, New Energy Industry Exchange (hereinafter referred to as “Changzhou Exchange Meeting”).” The exchange meeting was part of the “Taihu East Asian Entrepreneurs Forum (hereinafter referred to as “Taihu Forum”)” hosted ...