Houston-based Chevron U.S.A. has become a player in the burgeoning East Texas lithium industry by purchasing about 125,000 ...

Chevron has acquired 125,000 net acres in Texas and Arkansas to develop domestic lithium, utilizing a direct lithium ...

Chevron (NYSE:CVX) said Tuesday it agreed to acquire 125K net acres in the Smackover formation spanning northeast Texas and ...

American oil company Chevron has announced its entry into lithium production, an important raw material for electric car ...

Chevron is acquiring land to produce lithium. It's following in the footsteps of Exxon in developing a lithium business. The ...

CVX enters the lithium market with 125,000 acres leased in key regions, planning innovative extraction methods to support a ...

Multinational oil giant Chevron announced Tuesday that it has struck a deal with energy start-up TerraVolta to jump into the ...

The oil major acquired two leases in the Smackover Formation, where Exxon Mobil and other companies are already preparing to ...

Chevron’s larger rival, ExxonMobil XOM, is already a step ahead in the lithium race. Back in 2023, the company secured 120,000 acres in the Smackover Formation, showing its early commitment to ...

Chevron said the acquisitions mark the first step in its establishment of a commercial-scale lithium business in the U.S.

From staff reports. Houston-based Chevron U.S.A. has become a player in the burgeoning East Texas lithium industry by purchasing about 125,000 acres in the Smackover Formation.

Chevron has acquired 125,000 net acres in Texas and Arkansas to develop domestic lithium, utilizing a direct lithium extraction process to extract the product from the Smackover Formation.