CVX expands into lithium with 125,000 acres in Texas and Arkansas, fueling its push toward EV battery materials.

The formation, which is in Northeast Texas and Southwest Arkansas, is known to be a significant source of lithium brine.

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.

Oil giants Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) can read the writing on the wall: They can see that fossil fuels ...

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.

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

A Multinational, Houston-based energy corporation recently made a big purchase that underscores the ascent of battery power.

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

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

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

Chevron (CVX) said on Tuesday that it will acquire acreages in the lithium-filled Smackover formation in the U.S., joining ...