News & Updates

The production of lithium (Li) and nickel (Ni), two key raw materials for batteries, can produce vastly different emissions profiles. This graphic from Wood Mackenzie shows how nickel and lithium mining can significantly impact the environment, depending on the processes used for extraction.

As part of President Biden’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $500 million available for projects that will help expand carbon dioxide (CO2) transportation infrastructure to help reduce CO2 emissions across the United States. Meeting the Biden-Harris Administration’s goal of a net-zero emissions economy by mid-century will require accelerating the responsible development and deployment of technology to capture CO2 emissions from industrial operations and power generation and to remove CO2 directly from the atmosphere. These efforts must be supported by a safe and reliable system that can transport the captured CO2, either for permanent geologic storage or for conversion to useful, durable products.

Inside practically every electric vehicle (EV) is a lithium-ion battery that depends on several key minerals that help power it. Some minerals make up intricate parts within the cell to ensure the flow of electrical current. Others protect it from accidental damage on the outside. This infographic uses data from the European Federation for Transport and Environment to break down the key minerals in an EV battery. The mineral content is based on the ‘average 2020 battery’, which refers to the weighted average of battery chemistries on the market in 2020.

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced two projects selected to receive a total of $23.2 million to evaluate the potential of oil and gas production and geologic storage of carbon dioxide (CO2) from unconventional reservoirs through a combined process that uses captured CO2 emissions to recover residual oil—called CO2 enhanced oil recovery (CO2-EOR). The projects will help evaluate the feasibility for permanent storage of CO2 in depleted unconventional shale oil and gas reservoirs, repurposing existing infrastructure in support of the Biden-Harris Administration’s historic decarbonization goals.

While you may know it as the substance that allows balloons to defy gravity, the uses of helium extend far beyond mere amusement. In scientific research, helium is indispensable—used in everything from cooling the powerful magnets in MRI machines to enabling the Large Hadron Collider to delve into the mysteries of particle physics. You rely on its unique properties often without even realising it, as it quietly underpins a multitude of technologies woven into the fabric of daily life. Yet, as we stand on the brink of new scientific revelations, it’s crucial to understand why the scarcity of this unsung hero could pose a threat to innovation and what steps the global community must take to ensure its availability for future generations.

While the global economy relies on many commodities, none come close to the massive scale of the oil market. Besides being the primary energy source for transportation, oil is a key raw material for numerous other industries like plastics, fertilizers, cosmetics, and medicine. As a result, the global physical oil market is astronomical in size and has a significant economic and geopolitical influence, with a few countries dominating global oil production. The above infographic puts crude oil’s market size into perspective by comparing it to the 10 largest metal markets combined. To calculate market sizes, we used the latest price multiplied by global production in 2022, based on data from TradingEconomics and the United States Geological Survey (USGS).

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced $8 million in federal funding for 14 projects to advance technologies that capture carbon dioxide (CO2) from industrial facilities and power plants and convert those CO2 emissions into valuable products.

VVC Exploration Corporation, dba VVC Resources, ("VVC") or (the "Company"), (TSX-V:VVC and OTCQC:VVCVF) announces the rework of a pre-existing oil well in southwest Kansas as a test for oil production in the region.

Copper prices hit a nearly two year high this week, and according to analystsat investment bank Citigroup (NYSE:C) that's a sign the red metal has entered its second secular bull market of the century. Over the past two months, copper has surged by more than 15.75 percent, fueled by disruptions at mining operations that have threatened refined copper production in China, a major global supplier.