Oil giants Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) can read the writing on the wall: They can see that fossil fuels will eventually go extinct. That's leading these energy giants to invest in ...

・The U.S. Department of Energy awarded Standard Lithium a $225 million grant in January to advance lithium processing from the Smackover. ・The first production from Arkansas is expected in 2028. ・CEO ...

The oil major acquired two leases in the Smackover Formation, where Exxon Mobil and other companies are already preparing to extract the critical mineral. Chevron has taken its first step into the ...

'With 50,000 acres positioned adjacent to Exxon, Chevron, and Standard Lithium in the Smackover, the race is on to see who will be the first to produce commercial battery-grade lithium'. Image by ...

Chevron U.S.A., a subsidiary of Chevron Corporation (NYSE:CVX), announced its intention to enter the lithium market last week by acquiring lease rights to approximately 125,000 net acres spanning ...

ExxonMobil claims to have made a lithium-ion battery breakthrough. The company claims its synthetic graphite anode can extend an EV battery's lifespan by 30%. Synthetic graphite is an emerging ...

Chevron has signed two deals to buy leasehold acreage related to the Smackover Formation. It's buying 125,000 net acres across Northeast Texas and Southwest Arkansas from two sellers. The energy ...

Chevron is acquiring land to produce lithium. It's following in the footsteps of Exxon in developing a lithium business. The oil companies are slowly building out lower-carbon energy businesses.