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 ...

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

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

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

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

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

Chevron will join other multinational energy corporations in the Smackover Foundation, including Houston-based ExxonMobil, which has about 120,000 acres in the formation and operates from a ...

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

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

Chevron Corporation (NYSE:CVX) is one of the 10 best dividend stocks according to Jim Cramer. On June 17, 2025, the company ...

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.