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

Chevron Corporation CVX is making a significant move into the lithium business. The energy giant just acquired 125,000 acres across Texas and Arkansas in the Smackover Formation, marking its first ...

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 ...

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

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

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

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’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 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.