US Department of Energy pledges $1 billion in critical mineral funds
The US DOE has announced nearly $1B to boost mining, processing, and manufacturing of critical minerals, cutting import reliance
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The US DOE has announced nearly $1B to boost mining, processing, and manufacturing of critical minerals, cutting import reliance
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Since 2019, PSP turned $181M into $1.8B impact, boosting education, health, jobs, and roads in 22 Permian Basin counties.
Crude oil inventories in the US increased by 3M barrels during the week ending August 8, according to new data from the US EIA.
Chevron’s new triple-frac method cuts time by 25% and costs by 12% in Permian Basin oil and gas extraction.
Chevron beat Wall Street estimates of its Q2 profit as Permian output surged and US and worldwide oil and gas output jumped to record highs.
EU may pool demand to boost US LNG buys, aiming to meet $250B annual energy purchase pledge, says European Commission.
US crude oil production from onshore federal lands hit a record 1.7M bpd in 2024, according to the EIA and the Department of the Interior.
Chevron clears hurdles to acquire Hess Corporation, set to expand oil and gas operations in four key regions.
The EIA projected that U.S. crude oil production will average 13.37M bpd in 2025–2026, up from 13.21M bpd in 2024.
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