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

Green Car Congress

Exxon Mobil Corporation added 2.7 Other significant new proved reserve additions were made in Guyana, where the company funded the first phase of development last year, and in Mozambique, associated with the project funding of the Coral FLNG project in the gas-rich deepwater Area 4. ExxonMobil’s proved reserves totaled 21.2

2017 186
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Chevron to acquire Anadarko in $33B deal; shale and tight, deepwater, LNG

Green Car Congress

Chevron Corporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. LNG – Chevron will gain another world-class resource base in Mozambique to support growing LNG demand.

Chevron 186
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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

There are many challenges that EV battery manufacturers might face in the graphite market as electric vehicle demand continues to rise. The chief executive of Syrah Resources, Shaun Verner, shared a bit about graphite pricing and funding for new projects. Graphite is an essential part of a lithium-ion battery. Graphite Supply.