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Vast lithium reserves discovered in Arkansas, says USGS  – Charged EVs

Baua Electric

Researchers at the US Geological Survey (USGS) say they have located high concentrations of lithium brine in the Smackover Formation in southern Arkansas. million metric tons) of lithium in Smackover Formation brine in southern Arkansas. to 19 million tons (4.63

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Arkansas may be sitting on 19 million tons of lithium

Baua Electric

Published in the journal Science Advances , the research said the lithium found in southern Arkansas could make up to 36% to 136% of the current US lithium reserve estimate – of course, that’s a sweeping number, but we get the gist. The post Arkansas may be sitting on 19 million tons of lithium appeared first on Bauaelectric EV News.

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Department of Interior awards initial $560M to 24 states to plug, cap and reclaim orphaned oil and gas wells

Green Car Congress

The Department of the Interior awarded an initial $560 million from the Bipartisan Infrastructure Law to 24 states to begin work to plug, cap and reclaim orphaned oil and gas wells. Arkansas and Mississippi will receive $5 million each to support methane measurement and begin plugging wells. California. 1,000-1,200.

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EV battery maker SK On to buy 100k metric tons of Arkansas lithium from ExxonMobil

Baua Electric

Image: Ford EV battery maker SK On has signed a non-binding agreement to buy lithium from ExxonMobil’s first planned extraction project in Arkansas. The Arkansas project will extract lithium from underground saltwater deposits and convert it into battery-grade material onsite. Get started here.

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Blackstone and Alta Resources partner to invest up to $1B to acquire and develop unconventional oil & gas assets in North America

Green Car Congress

Alta Resources, LLC and Blackstone Capital Partners, an affiliate of The Blackstone Group have formed Alta Energy Partners which will invest up to $1 billion to acquire and develop unconventional oil and gas assets in North America. Founded in 1999 by Joseph G.

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

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Shell Oil replacing Ryder diesel trucks with with Ryder LNG trucks for operations in Louisiana and Texas

Green Car Congress

Shell Oil Company has signed an agreement with Ryder System for 15 liquefied natural gas (LNG) heavy-duty vehicles supporting oil and gas logistics operations in Lafayette, La. facility, which is being engineered to meet the unique compliance requirements for natural gas. and Houston, Texas. service locations.

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