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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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Exxon Mobil Corporation added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. ExxonMobil’s reserves life at current production rates is 14 years. Production from Liza Phase 1 is expected to begin by 2020, less than five years after discovery. Resource Base.

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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

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UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2

Nigeria 186
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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The US Department of Energy (DOE) is awarding a combined $2.8 Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. Earlier post.) Of that, $1.6

Parts 459
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Syrah Resources successfully produces Li-ion battery grade spherical graphite; market numbers

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Australia-based Syrah Resources has successfully produced uncoated battery grade spherical graphite, using natural flake graphite from its Balama Graphite & Vanadium Project in Mozambique. The International Energy Agency (IEA) 2013 has forecast annual sales of electric vehicles (EVs) of nearly 6 million units by 2020.

Li-ion 236
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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

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Syrah Resources is an Australian company that supplies Tesla from its mine in Mozambique, one of the largest graphite producers. . Only a handful of countries mine graphite and even fewer refine the mineral enough to be used in batteries and other products. After China, Brazil and Mozambique are the next largest graphite producers.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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—James Frith, head of energy storage at BNEF. The DRC can truly become the regional and global center of gravity for the production of precursor materials for batteries to drive the fourth industrial revolution. trillion combined battery cell production and cell assembly segments of the battery minerals global value chain.

Africa 221