With highly tunable composition, structure, and chemical-physical properties, perovskite oxides represent a large family of mixed-oxide materials that finds many energyand environment-related applications. This perspective discusses the fundamentals and applications of perovskite oxides in the context of chemical looping and three-way catalysis (TWC). Both applications make use of perovskite oxides' oxygen storage and donation properties (>400 μmol O/g) under macroscopic reduction−oxidation (redox) cycles and at elevated temperatures. While perovskite oxides have been investigated as oxygen storage materials (OSMs) and three-way catalysts for more than five decades, use of these oxides in chemical looping, as oxygen carriers or redox catalysts, is a relatively new topic. This article provides an account of the effects of compositional, structural, and surface properties of perovskites on their oxygen storage and donation properties as well as their interactions with various gaseous reactants. Design and optimization strategies of tailored perovskite OSMs for chemical looping and TWC are discussed. Emerging applications of perovskite-based redox catalysts for chemical looping partial oxidation are also covered.