Page 6 - Dan Ammann News Today

The project involves drilling vertical wells into a deep underground saltwater resource called the Smackover in Southeastern Arkansas.

Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades.

Two years after abruptly exiting robotaxi developer Cruise, Dan Ammann is onto a new big thing—large-scale lithium mining. His employer is oil behemoth…

Buying lithium drilled by ExxonMobil in southern Arkansas could help some automakers qualify for the full EV tax credit, but it brings up thorny environmental questions.

ExxonMobil selects southwest Arkansas to start its North American lithium production, demonstrating “leadership in energy transition.”

The world’s largest energy producer, and the No. 1 company on the IndustryWeek U.S. 500 List of the largest manufacturing companies in the country, plans to drill for lithium-...

Exxon Mobil says it will be making enough lithium in the U.S. to annually supply one million EVs by 2030.

Plus Arkansas is getting its own lithium mine and Cruise has now suspended all supervised car rides as well

9:45 ET -- Exxon Mobil is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Exxon Mobil said Monday it plans to start producing...

Exxon Mobil said Monday that it planned to set up a facility in Arkansas to produce lithium, a crucial raw material for electric vehicles, which pose one of the biggest challenges to the company’s oil business.