Chevron Enters Domestic Lithium Sector to Support U.S. Energy Security

Chevron Enters Domestic Lithium Sector to Support U.S. Energy Security

HOUSTON--(BUSINESS WIRE)--Jun 17, 2025-

Chevron enters lithium sector with acreage buy in Texas, Arkansas – Oil & Gas 360

(BOE Report) – Chevron said on Tuesday its has acquired on lease about 125,000 net acres in northeast Texas and southwest Arkansas, marking the entry of the U.S. oil major into domestic lithium production. Energy giants, including Exxon Mobil, have been looking to leverage their expertise in drilling and brine processing to enter the lithium market and support the energy transition. Demand for lithium – a key component in batteries for electric v

Chevron joins oil majors in US lithium production push – by Cecilia Jamasmie (Mining.com – June 17, 2025)

https://www.mining.com/ Chevron USA, a subsidiary of Chevron Corporation, became on Tuesday the latest oil major to enter the lithium market in the United States with the acquisition of lease rights to about 125,000 net acres in northeast Texas and southwest Arkansas. The company secured the lithium-rich acreage from TerraVolta Resources and East Texas Natural Resources ...

Chevron joins oil majors in US lithium push – The Northern Miner

Chevron (NYSE: CVX) has become the latest oil major to enter the lithium market in the United States with the acquisition of lease rights to about 500 sq. km in...

Chevron Enters US Lithium Sector with Smackover Acreage Deals

One leasehold position in the Smackover Formation was acquired from TerraVolta Resources, while the other was acquired from East Texas Natural Resources, Chevron says.