Gulf Coast, Midwest Hydrogen Hubs Land up to $2.2B in DOE Funding
The funding, awarded by the Department of Energy, is part of up to $7 billion the U.S. allocated to establish hydrogen hubs across the country.
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Coterra Takes Harkey Sand ‘Row’ Show on the Road
With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.
National Renewable Solutions Raises $145MM for Solar, Storage Project in New Mexico
National Renewable Solutions’ Shallow Basket Project’s construction, financed by Deutsche Bank, is currently underway.
Expand Foresees Drilling U-Turns in Appalachia
As Expand Energy leans into its newly combined Chesapeake-Southwestern acreage, Tim Beard, the company’s vice president of drilling, would be “surprised” if Expand did not drill U-turn wells in the Appalachian Basin.
Asia’s Dark Fleet Hub Highlights Trump’s Oil Sanctions Headache
The US president-elect wants to apply “maximum pressure” on Iran to curb revenue going back to Tehran. That’s easier said than done. Bloomberg News US President-elect Donald Trump wants to ratchet up sanctions pressure on Iran in order to curb oil revenue and thus the regime’s ability to fund proxy militias. A flotilla of aging …
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Exxon Mobil, LG Chem Ink Deal for Lithium Carbonate
As part of the nonbinding offtake agreement announced Nov. 20, Exxon will supply lithium from its planned project to LG Chem’s cathode plant in Clarksville, Tennessee.
Don’t Get Distracted by Emissions Politics, Energy Executives Say
Eyeing profit with a keep-it-in-the-pipe mentality, executives’ thoughts are on lowering emissions, getting premiums and producing compliance-ready molecules for the EU.
Suriname’s Staatsolie Says Exxon has Withdrawn from Offshore Block
Suriname’s state-run oil company Staatsolie said on Nov. 20 that U.S. oil giant Exxon Mobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.
Exxon Mobil Signs Non-Binding Lithium Supply Deal with LG Chem
Summary Preliminary deal for 100,000 metric tons over several years Arkansas must first set lithium royalty rate Exxon sees lithium demand rising despite Trump’s EV comments Exxon still deciding on which direct lithium extraction technology to use HOUSTON, Nov 20 (Reuters) – Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal …
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Paisie: Favorable Fundamentals Will Lift 4Q Crude Prices
China, OPEC+ and the Middle East continue to feed volatility into the oil market.