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History

SK Energy is becoming a global general energy company.
  • 2023
  • 2022
  • 2020
2023
04
  • Operated Korea's first hydrogen fueling station for trucks in Ulsan
2022
12
  • Signed a business agreement with NAVER to build an urban fulfillment logistics center on the SK gas station site
11
  • Opened the first "Joint Training Center for Industrial Transformation" in the refinery and petrochemical industry
  • SK Energy and Doosan Fuel Cell made an agreement on business cooperation for hybrid energy stations that can utilize eco-friendly electricity and hydrogen simultaneously
02
  • The Ministry of Environment (MOE) approved SK Energy's measures to reduce fuel and greenhouse gases (GHG) by producing a "composite material of warm mix asphalt (WMA) and concrete," developed for the first time in Korea, for its external project methodology.
2020
06
  • Launched “Muffin”, integrated vehicle management services platform
03
  • Ranked No.1 in the oil industry of ‘Korea Brand Power Index(K-BPI)’ for 22 consecutive years
02
  • Built eco-friendly Vacuum Residue Desulfurization (VRDS) (40,000 barrels/day)
  • 2019
  • 2017
  • 2015
  • 2013
  • 2012
  • 2011
  • 2010
2019
05
  • Awarded ‘the 22nd Korea Logistics Grand Prix’ (Contributing to driver welfare by Netruck house business)
03
  • Ranked No.1 in the oil industry of ‘Korea Brand Power Index(K-BPI)’ for 21 consecutive years
2017
08
  • Decision to buy petrol wholesale business from SK networks
2015
12
  • Received the KISA President's Award at the 14th K-ICT Information Security Awards
09
  • Chosen as the best company in terms of donations for education
2013
07
  • The Incheon Complex spun off its trading division
05
  • EnClean.com obtained a web accessibility certification mark for the first time in the oil industry
01
  • SK energy received a certification from the President of Korea as the best company in creating employment
2012
12
  • Received the "USD 20 Billion Export Tower" award on Trade Day
  • SK gas stations were top ranked in 3 major customer satisfaction surveys (KCSI, KKS-SQI and NCSI)
05
  • Made a large-scale PX facility investment in the Incheon Complex
2011
01
  • The oil business was spun off and it took the brand name 'SK energy'
2010
10
  • Held a completion ceremony for the Jeungpyeong plant (completion of the production line for LiBS 4 & 5 and a ground-breaking ceremony for the TAC/FCCL production line)
07
  • Chosen as a supplier of high-speed electric car batteries for Hyundai Kia Motors
06
  • Held a completion ceremony for SK's LNG plant in Peru
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 2000
2009
10
  • SK lubricants was established with its entire shares owned by SK innovation
2008
07
  • Held a completion ceremony for SK's lube base oil plant in Indonesia
02
  • Completed merger with SK Incheon Oil
2007
07
  • Split into a holding company (SK Inc.) and an operating company (SK Energy Co., Ltd.)
04
  • Signed a joint management agreement on the plastic compound business with Hyundai EP
02
  • Held a ground-breaking ceremony for SK's lube base oil plant in Indonesia
01
  • Formed a strategic partnership with Nippon Oil Corporation. Signed a strategic partnership for global business using ACO technology
2006
10
  • Held a Board of Directors' meeting in Dubai which is the center of the global crude oil market
09
  • Completed preparation for advancing into the hybrid-car battery market
08
  • Joined an exploration project in Kazakhstan
06
  • Newly joined an exploration project in Madagascar
04
  • Created a firm basis to maintain its top ranking in the global premium lube base oil market
02
  • S&P upgraded the credit rating of SK Co., Ltd. to BBB-
01
  • Began an LNG project in Peru in full-scale
2005
12
  • Signed an agreement to take over Incheon Oil
11
  • Held a joint ceremony celebrating the completion of environment-friendly and ultra-low sulfur fuel oil production unit
08
  • Was chosen as the winner of the 6th Internal Audit Awards
07
  • Exported the APU technology which was developed for the first time in the world
06
  • Was chosen as one of the best companies in terms of corporate governance in 2005
2004
10
  • Established SK China Holding Company
09
  • Held a completion ceremony to celebrate the second lube base oil plant
07
  • Launched corporate-wide voluntary service group
05
  • Held a ground-breaking ceremony for the second-phase of the Ulsan Grand Park
04
  • Announced New SK and improved SKMS
2003
12
  • Joined the Gwangyang LNG thermal plant (the first privately-developed commercial power plant in Korea) construction project with British Petroleum
11
  • Commenced crude oil production at Su Tu Den oilfield of sector 15-1 in Vietnam in which SK has an equity stake
2002
08
  • Held a retirement ceremony for the atmospheric distillation tower, which was built as the first of its kind in Korea
07
  • Successfully issued SKT shares in overseas securities market
04
  • Opened the first phase of Ulsan Grand Park
2001
12
  • Launched a telematics business and a pilot service
05
  • Confirmed the market potential of crude oil developed in sector 15-1 in Vietnam
2000
07
  • Sold a technology for depression medicine (YKP10A) to Johnson & Johnson in the U.S
01
  • Opened OKCashbag.com, the largest hub site in Korea
  • 1999
  • 1997
  • 1996
  • 1995
  • 1994
  • 1992
  • 1991
  • 1990
1999
07
  • Sold an epilepsy treatment-related technology
03
  • Launched OK Cashbag service, which is a loyalty program that gives customers loyalty points as well as discounts
1997
10
  • Changed the company name from Yugong to SK Co., Ltd
06
  • Established a local corporation for oil field development (SK E&P Company)
03
  • Started the second manufacturing unit for synthetic resins (320,000 tons produced per year)
01
  • Started the second desulfurization unit (60,000 barrels produced per day) and cracking unit (50,000 barrels produced per day) for heavy oil
1996
10
  • Started the fifth atmospheric distillation unit (240,000 barrels produced per day with the total production capacity at 810,000 barrels produced per day)
07
  • Initiated commercial production of crude oil from Sector 8 in Peru
1995
09
  • Started the fourth hydrogenation and desulfurization unit for kerosene and diesel (50,000 barrels produced per day)
1994
11
  • Initiated crude oil production from North Zaafarana, Egypt
06
  • Acquired 20.2% of stocks and management right of Korea Mobile Telecom Co., Ltd
1992
05
  • Started the first desulfurization (30,000 barrels produced per day) and cracking (30,000 barrels produced per day) unit for heavy oil
1991
05
  • Started the fourth commercial distillation unit (200,000 barrels produced per day)
1990
08
  • Started the first synthetic resin manufacturing unit (250,000 tons produced per year)
  • 1989
  • 1988
  • 1987
  • 1985
  • 1982
  • 1980
1989
12
  • Started the second naphtha cracking unit (400,000 tons produced per year)
1988
01
  • Started to import crude oil from Marib, Yemen
1987
05
  • Started a grease manufacturing unit (3,000 tons produced per year as of now)
1985
12
  • Started a new aromatic-compound manufacturing plant (400,000 tons produced per year)
11
  • Increased the production capacity of oil-refining units by improving atmospheric distillation units (345,000 barrels produced per day)
05
  • Merged Korea Petroleum Holdings
1982
07
  • Changed the brand name from Korea Petroleum Corporation to Yugong
1980
12
  • Sunkyung Co., Ltd. acquired the management right of the company according to the government's privatization policies
08
  • Korea Petroleum Holdings Co., Ltd. acquired 50% of the stocks that had been owned by Gulf
03
  • Expanded the lubricant oil mixing plant (4,500 barrels produced per day as of now)
  • 1978
  • 1976
  • 1974
  • 1973
  • 1972
  • 1970
  • 1968
  • 1967
  • 1964
  • 1962
1978
03
  • Expanded the naphtha cracking center (155,000 tons of ethylene per year)
1976
07
  • The Korea Development Bank sold its shares to Korea Petroleum Holdings Co., Ltd
1974
06
  • Expanded the second atmospheric distillation unit (110,000 barrels produced per day)
1973
03
  • Started a naphtha cracking center (100,000 tons of ethylene produced per year)
1972
10
  • Started the third atmospheric distillation unit (105,000 barrels produced per day)
09
  • Completed the installation of long-distance oil pipeline between Ulsan and Daegu
1970
05
  • Gulf acquired 50% and the management right of Korea Petroleum Corporation
  • Started an aromatic compound manufacturing plant (216,000 tons produced per year)
1968
12
  • Started a lubricant oil mixing plant (550 barrels produced per day)
04
  • Started the second atmospheric distillation unit (60,000 barrels produced per day)
1967
05
  • Expanded the first atmospheric distillation unit (55,000 barrels produced per day)
1964
04
  • Started the first atmospheric distillation unit (35,000 barrels produced per day)
1962
10
  • Established Korea Petroleum Corporation, the first oil refinery in Korea