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

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

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

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

Chevron USA acquires lease rights to 125,000 acres in Texas and Arkansas for lithium production, joining ExxonMobil's DLE project in Arkansas.

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 ...

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

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. The formation, which is in Northeast ...

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. The energy ...

Exxon entered the sector in 2023 by acquiring land in Arkansas' Smackover Formation, which is rich in lithium brine. Chevron is now following in Exxon's footsteps by acquiring land in the region ...