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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. ExxonMobil has a net zero by 2050 plan. Get started here.

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Researchers design nanoparticles for cost-effective hydrogen production process

Green Car Congress

Researchers at the University of Arkansas, with colleagues from Brookhaven National Lab and Argonne National Lab, have found that nanoparticles composed of nickel and iron are more effective and efficient than other more costly materials when used as catalysts in the production of hydrogen fuel through water electrolysis.

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EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

Note: Tax rates increased by $0.001/gal in Arkansas and by $0.0005/gal in Missouri. The 2022 “Inflation Reduction Act” reinstated the Hazardous Substance Superfund financing rate on domestic crude oil and imported petroleum products, which refinery operators and importers pay. These Superfund taxes include a $0.09

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ExxonMobil signs lithium offtake agreement with SK On – Charged EVs

Baua Electric

Oil companies getting involved in lithium production? The terms enable SK On to explore a multiyear agreement that would allow it to secure up to 100,000 metric tons of lithium from ExxonMobil’s project in Arkansas for SK On’s battery plants in the US.

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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. Ryder Dedicated Transportation Solutions has more than 200 customers in the oil and gas sector. and Houston, Texas. service locations.

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USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

Green Car Congress

million for the creation of two new Biomass Crop Assistance Program ( BCAP ) project areas in New York and North Carolina, and the expansion of an already established BCAP project area in Arkansas. Enrolled producers will receive establishment assistance and five years of annual production support under BCAP.

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Plains All American to build $900M, 200K bpd pipeline from Cushing to Memphis

Green Car Congress

will construct the Diamond Pipeline, a 440-mile (708 km), 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, Okla. The refinery currently primarily processes light and sweet crude oil received through the Capline pipeline. Valero acquired it in 2005.

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