Texas

Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.

In a 2-1 vote, The Texas Railroad Commission approved the Rose carbon capture and storage project in Southeast Texas, which is planned to store up to 5 million tonnes of carbon dioxide per year.

SPE Gulf Coast Section’s Career Advancement Network successfully expanded its reach into the geosciences community at IMAGE 2026, connecting 217 job seekers with employers and demonstrating growing demand for in-person energy industry hiring events.

The startup company’s Midland Basin demonstration plant, located in the Permian Basin, takes a major step toward commercialization by proving its direct lithium extraction technology can refine battery-grade lithium carbonate from produced water under multiple 24/7 production cycles.

The deal hands Diversified nearly 500 gross operated wells producing 68,000 BOE/D.

The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.

The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.

The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.

The Pinnington project in North Texas is the company’s largest solar project in the state and brings Repsol’s renewable energy generation capacity in the US to greater than 2 GW.

Research by Enervus sees early 2026 permitting activity for the carbon capture and storage wells pointing to a growing approval queue, even while the rate of applications eases.