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SK Innovation divests stakes in US shale oil fields

(Source:ใ€€Gettyใ€€Imagesใ€€Bank) SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent groups efforts to scale back on oil and chemical operations to focus instead on electric vehicle batteries and other eco-friendly businesses.ย  The South Korean refinery and EV battery maker agreed with Texas-based BenchMark Energy Corp. in January of this year to sell the US assets for an undisclosed sum, SK said on Mar. 7. They are...
United States South Korea Crane County South Korean Jae Kwang Ahn Brian Kemp

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