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SAN RAMON, Calif. / HOLLADAY, Utah — September 12, 2023 — Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a majority interest in ACES Delta, LLC (ACES Delta), which is a joint venture between Mitsubishi […]

WILLIAMSPORT, Pa.–(BUSINESS WIRE)–Eureka Resources (Eureka), a leader in mineral recovery from unconventional sources, announced today that they have successfully extracted 97% pure lithium carbonate from oil and natural gas brine from production activities with up to a 90% recovery rate. This achievement, accomplished in partnership with SEP Salt & Evaporation Plants Ltd. (SEP), marks a

HOUSTON–(BUSINESS WIRE)–Haddington Ventures, LLC has formed Haddington ESP I, LP to provide construction equity for projects developed by the Advanced Clean Energy Storage Joint Venture (ACES Delta, LLC), which will be the largest green hydrogen platform in the world upon completion. With this equity funding, construction can begin in June 2022, and hydrogen hub operations

The U.S. Department of Energy’s Loan Programs Office makes its first loan in ten years to the development of the world’s largest green hydrogen hub in Utah. Advanced Clean Energy Storage I, LLC will develop the world’s largest industrial green hydrogen facility in central Utah. The hub will use Utah’s unique geological salt domes to

Conditional commitment from the DOE’s Loan Programs Office is the latest milestone in the development of the world’s largest green hydrogen hub, which has also secured all other major contracts. SALT LAKE CITY, UTAH (April 26, 2022) – The U.S. Department of Energy’s (DOE) Loan Programs Office announced today that it has issued a conditional