Korea Joongang Daily
Korea JoongAng Daily

SK Innovation narrows Q3 losses from last year

SK Innovation's leading refiner said on Friday that its third-quarter net losses had sharply narrowed from a year earlier, driven by higher oil prices and improved refining margins.

2025-10-31

SK Innovation Q2 losses widen on weak oil prices, strong won

SK Innovation reported widened losses in the second quarter due to declining oil prices and a strong won despite increased sales.

2025-07-31

SK On, SK Enmove to merge for stable cash flow amid EV demand dip

SK On will be merged with SK Enmove, a cash cow subsidiary specializing in lube base oil, to ensure reliable cash flow to support the cash-strapped battery maker’s intensive investments in the wake of a deceleration in market demand.

2025-07-30

SK Innovation to provide energy solutions to Singapore data center firm

SK Innovation said Thursday it will supply energy solutions to a major data center firm in Singapore, a move the Korean energy company sees as a step toward expanding its presence in the global energy solutions market.

2025-06-12

SK Innovation appoints new CEO in leadership reshuffle

Korea's energy giant SK Innovation said Wednesday that its president, Choo Hyeong-wook has been appointed the new CEO as part of a leadership reshuffle.

2025-05-28

SK Innovation expects refining margins to improve slightly in Q2

SK Innovation, owner of Korea's biggest oil refiner SK Energy, said on Wednesday it expects refining margins to gradually recover in the second quarter backed by higher driving season consumption.

2025-04-30

SK Innovation profit plunges 83 percent, hit by skyrocketing gas prices

SK Innovation reported an 83 percent decline in operating profit and a net loss.

2025-02-06

SK Earthon exploration project hits oil reserve off Vietnam

SK Earthon, an oil drilling subsidiary of SK Innovation, said that a partner company hit 370 feet of net pay in an oil exploration well off the coast of Vietnam.

2025-01-08

SK Innovation executives to start working on Saturday next month

Executives at SK Innovation will start working on Saturday from next month as part of the oil company's plan to fortify its competitiveness and respond swiftly to global risks.

2024-10-27

Disabled musicians celebrate unity at eighth Great Music Festival

The eighth Great Music Festival in Seoul showcased disabled artists, featuring 238 teams. Saxophone quartet Ensemble Harmonia won the grand prize.

2024-10-25