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

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

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

South Arkansas is the epicenter of a fast-developing lithium boom that will have a global impact—and it was all sparked by 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 ...

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 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.