Chevron in JV to Acquire US Retail CNG Network
US major Chevron said September 9 it had formed a joint venture with Mercuria Energy Trading to acquire and operate American Natural Gas (ANG) and its network of 60 compressed natural gas (CNG) stations across the US.
Chevron is building a large-scale, vertically-integrated renewable natural gas (RNG) business in the US, and through recent partnerships with Brightmark and California Bioenergy is developing projects to produce RNG from dairy digesters across the country.