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Chinese company reportedly seeks to invest $10B in Afghanistan’s lithium mining sector

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According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mining sector. Acting minister for Mine and Petroleum, Shahabuddin Delawar, said that the investment would create 120,000 direct and a million indirect jobs in the country.

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University of Delaware Licenses V2G Technology to AutoPort; 100 V2G EVs as Test Fleet

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The University of Delaware has signed the first license for its vehicle-to-grid (V2G) technology with AutoPort, Inc., Top speed 95 mph Dick Johnson, AutoPort’s director of business development, said that AutoPort will work with major companies in the area to demonstrate the V2G concept. In September 2009, Delaware Gov.

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Valero to Permanently Close 210,000 bpd Delaware City Refinery

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Valero Energy Corporation intends to permanently shut down its Delaware City, Delaware refinery due to financial losses caused by very poor economic conditions, significant capital spending requirements and high operating costs. Valero Delaware City Refinery. Click to enlarge. —Valero Chairman and CEO Bill Klesse.

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U. Delaware and NRG Energy vehicle-to-grid project selling power to PJM

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A vehicle-to-grid (V2G) project between the University of Delaware and NRG Energy has begun selling power to PJM Interconnection for the power grid. Earlier post.). A key aspect of the technology is that it can aggregate power from multiple electric vehicles to create one larger power resource, rather than individual, smaller ones.

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Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P

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In the Delaware Basin, the acquisition adds approximately 56,000 net acres of high-quality, stacked-pay reservoirs, largely offset to Permian Resources’ existing acreage in Lea and Eddy Counties. Permian Resources expects to realize significant DC&F savings in the Delaware Basin through improved efficiencies and lower cost structure.

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Tesla likely to leave Delaware after Musk moves SpaceX to Texas

Teslarati

Tesla is likely to leave the State of Delaware as its place of incorporation after CEO Elon Musk moved his aerospace company, SpaceX, to Texas yesterday. Musk’s move comes just weeks after a Delaware Court of Chancery Judge revoked his $56 billion pay package that was approved by Tesla Shareholders in 2018.

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Neuralink switches incorporation from Delaware to Nevada: Bloomberg

Teslarati

Following Elon Musk’s recent statements opposing incorporating companies in Delaware, a report has now said that his brain implant company Neuralink has switched its incorporation to Nevada. The post Neuralink switches incorporation from Delaware to Nevada: Bloomberg appeared first on TESLARATI.

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