Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, one of the world’s largest integrated energy companies, has announced that it has closed on its previously announced acquisition of an equity interest in American Natural Gas LLC.
In September 2021, Chevron announced the signing of definitive agreements to form a joint venture with US-headed Mercuria Energy Trading, part of Mercuria Energy Group Ltd (Mercuria), one of the world’s largest integrated energy and commodities companies, to own and operate American Natural Gas LLC (ANG) and its network of 60 compressed natural gas (CNG) stations across the United States (US).
Chevron closed on the agreement on October 1, 2021.
