▲ 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, ...

■ Establishing a system to ensure independent management by businesses, seeking to maximize business/corporate value by laying a solid foundation for future growth ■ Company names ‘SK On’ were confirmed for battery and ‘SK Earthon’ for E&P businesses, reflecting ESG and global growth – President of Battery business Jee Dong-seob and President of E&P business Myeong Seong appointed ...

■ The agenda to separate the battery and oil exploration & production (E&P) businesses was passed at a 80.2% of approval rate at the extraordinary shareholders’ meeting today – The decision will unleash the potential and lay the foundation for the growth of the company’s battery and oil exploration and production businesses (E&P)   ■ ...

  Meeting the market expectations, SK Innovation achieved an operating profit of more than KRW 500 billion for two consecutive quarters of 2021, surpassing the KRW 1 trillion won mark of operating profit in the first half of the year.   Many Korean securities firms gave positive assessment of SK Innovation’s performance in the second ...

■ Board of Directors (BOD) decided to spin off the battery business and E&P business for green growth and increasing enterprise value – The approval is to take place in the extraordinary general meeting on September 16th, companies will officially be set up starting October 1st ■ SK Innovation to raise the enterprise value as ...

  SK Innovation has officially become the operator of Block 16-2 off southern Vietnam after completing the acquisition of 70% equity stake on July 21st. In order to reach this operatorship, previously SK Innovation had signed a Farmout Agreement (FOA) with the Vietnamese state-run company PetroVietnam Exploration Production Corporation (PVEP) in October last year, and ...



  SK Innovation, donated 50,000 US dollars to the United Way of Enid and Northwest Oklahoma(1) (United Way of Enid) to support the local community during COVID-19, through its subsidiary SK E&P America(2). On May 19 (local time), Dan Schiedel – CEO of United Way of Enid and Northwest Oklahoma, Johnny Rowe – Superintendent of SK E&P ...

▲Kim Tae-won, President of SK Innovation E&P Business   Q1. SK Innovation’s E&P Biz. has recently executed a divestiture of assets, what is the background of this?   In the past few years, E&P Biz. has been placed in the epicenter of fast changing environment, including the ‘Shale Revolution’. Even this turmoil of uncertainty, I ...

  In the process of exploring block 15-1/05 in the sea off southeastern Vietnam, SK Innovation additionally discovered crude oil.   SK Innovation drilled about 4,295 m in depth from early March in block 15-1/05 of Vietnam called the Lac Da Trang (meaning white camel) field. In the process, an oil layer with a total ...