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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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Elon Musk’s The Boring Company to switch state of incorporation

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Like most Elon Musk-led companies, including Tesla, the Boring Company was previously incorporated in Delaware. Over the weekend, Neuralink switched its state of incorporation from Delaware to Nevada. Judge Kathaleen McCormick of the Delaware Court of Chancery ruled that Musk’s 2018 pay package was unreasonable.

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ExxonMobil starts up $2B Beaumont refinery expansion, adding 250k barrels per day capacity

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—Karen McKee, president of ExxonMobil Product Solutions The refinery is connected to pipelines from ExxonMobil’s operations in the US Permian Basin, providing the company with significant strategic advantages. Construction on the Beaumont expansion began in 2019 and involved 1,700 contractors.

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US Transportation Secretary LaHood issues “Blueprint for Ending Distracted Driving”; $2.4M for California, Delaware pilot projects

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million in federal support for California and Delaware that will expand DOT’s “Phone in One Hand, Ticket in the Other” pilot enforcement campaign to reduce distracted driving. DOT is providing California and Delaware with $2.4 DOT is providing California and Delaware with $2.4

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ElectraMeccanica and Tevva to merge; targeting electric commercial trucks in UK, Europe and US

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and is expected to be domiciled in Delaware. is serving as financial advisor to ElectraMeccanica and also provided a fairness opinion to the ElectraMeccanica Board in connection with the proposed transaction. Lucosky Brookman LLP and Gowling WLG are acting as legal counsel to Tevva in connection with the proposed transaction.

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GM advances Dealer Community Charging Program

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GM then connects dealers with installation providers as needed to place the charging stations at key community locations. Dealers in Delaware, Georgia, Illinois, Indiana, Kansas, Ohio and Washington state are expected to install their first chargers in the weeks and months ahead. kW Level 2 charging stations.

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AC Propulsion sends eBox EV to Denmark for V2G research focused on buffering intermittent renewable energy

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The University of Delaware (UD) has developed communication and control systems for V2G technology and has had good results on the US grid. A fleet of five eBoxes has been in revenue-generating service at the University of Delaware by providing grid regulation for more than two years.

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