SK Innovation Co., Ltd., through its subsidiaries, operates as an energy and chemical company worldwide. It operates in four segments: Petroleum, Petrochemicals, Lubricants, and Others. The company explores for, develops, produces, and sells crude oil and natural gas, as well as operates petroleum production blocks in the United States, Peru, Vietnam, and China; imports crude oil; and produces and sells petroleum products, including gasoline, diesel, kerosene, and aviation fuel to distributors, gas stations, and intermediate sellers, as well as to general consumers through gas or charging stations. It also produces and sells olefin products, including ethylene and propylene; petrochemicals, such as synthetic resins and synthetic rubber; base oils for vehicle engines and transmissions; lubricant products for industries and vehicles; and high capacity lithium-ion batteries, which are used for electric vehicles and energy storage batteries, and lithium-ion battery separators. In addition, the company engages in the provision of insurance, business consulting, petroleum transport, and investment and trading services; equity investment activates; and operation of a professional football club and petrol station. Further, it provides LPG, polymer modified asphalt, premium asphalt, regular asphalt, sulfur, and slurry oil; and specialty and performance chemicals for use in the automotive, packaging, aromatics, and olefin and polymer industries. It operates in 13 production and 4 LNG projects worldwide. The company was formerly known as SK Energy Co., Ltd. and changed its name to SK Innovation Co., Ltd. in January 2011. SK Innovation Co., Ltd. was founded in 1962 and is headquartered in Seoul, South Korea.