Its role Investor / Financier
The U.S. Department of Energy (DOE) is a federal executive department responsible for national energy policy, energy research and development, nuclear security, and environmental cleanup of the U.S. nuclear weapons complex. Through the National Nuclear Security Administration, it maintains the U.S. nuclear deterrent and advances nonproliferation efforts. DOE also administers energy-efficiency programs, oversees the Strategic Petroleum Reserve, and runs financing and grant initiatives (including the Loan Programs Office) to accelerate deployment of energy technologies.
DOE manages a network of national laboratories and the Office of Science—one of the world’s largest funders of basic physical sciences—supporting breakthroughs in chemistry, materials science, and engineering. Areas relevant to the chemical and process industries include catalysis, advanced materials, hydrogen production and storage, batteries, process intensification, carbon capture and storage, and industrial decarbonization. The department sets energy-efficiency standards for appliances and certain industrial equipment and partners with industry on R&D, pilot, and demonstration projects aimed at improving energy performance, cutting emissions, and enhancing supply chain resilience.
chemXplore tracks 1 project involving U.S. Department of Energy, of which one is active.
Updated JV terms and added Orinoco acreage underpin plans to invest $7bn+, more than double output to ~600,000 b/d at under $20/boe over five years.
Secures 8,000 tpa (80,000 t total) of battery-grade lithium carbonate from a US brine project using direct lithium extraction; FID expected 2026, first production targeted 2028.
Bob Card joins Fluor's Board, bringing over 30 years of leadership in engineering, construction, and government sectors, enhancing strategic growth and operational risk management.
active all projects
