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President of Mexico nationalizes lithium

Green Car Congress

The President nationalized Mexico’s lithium deposits last April, and created LitioMX (Litio Para Mexico) to mine lithium ( earlier post ). Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. What we are doing now.

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Tesla & other companies form EMA to promote electric mobility in Mexico

Teslarati

Tesla and a few other companies recently announced the launch of the Electro Mobility Association (EMA) to promote the production and purchase of electric vehicles in Mexico. Tesla Giga Mexico construction to begin next week: Governor Tesla Giga Mexico will likely help the EMA reach its goals.

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Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

Green Car Congress

Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. First oil is targeted for 2028.

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Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

Green Car Congress

Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Earlier post.)

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S&P Global: More than 75% of oil and gas production in US Gulf of Mexico has lower than average greenhouse gas intensity

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More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. The 2 kgCO 2 e/boe to nearly 50 kgCO 2 e/boe range includes 99% total 2022 production covered by the US Gulf of Mexico analysis.

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DOE announces $18.6M to support production of low-carbon biofuels and bioproducts

Green Car Congress

To meet the growing demand for SAFs and other low-carbon biofuels, affordable feedstocks sources must be developed. 1,750,000 New Mexico State University Anti-Virulence Approaches to Treat Algal Crops (AVATAC) This project will identify antivirulence molecules that will be tested against bacterial pathogens of multiple relevant algal strains.

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Xcel Energy launches EV smart charging pilot in Colorado; Transportation Electrification Plan for New Mexico approved

Green Car Congress

This is one of the first smart charging projects between an energy company and multiple automakers and I believe represents a major opportunity to help our customers do even more to reduce their carbon footprint. These programs and offerings make up the company’s New Mexico Transportation Electrification Plan.