Chevron U.S.A. Inc., a subsidiary of Chevron Corporation has announced that it has closed on its previously announced acquisition of full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas (CNG) stations across the United States (US).
In October 2021, Chevron U.S.A. Inc. formed 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 acquire, own, and operate American Natural Gas LLC (ANG), a Beyond6 company, and its 60 CNG stations in 17 states across the country.
These stations have since been rebranded as Beyond6, a reflection of the commitment to supplying low or zero-carbon transportation fuels.
In November 2022, Chevron U.S.A. signed a definitive agreement to acquire full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas (CNG) stations across the United States from Chevron’s current B6 co-owners, a subsidiary of Mercuria Energy Trading (Mercuria) and B6 CEO Andrew West.
As part of the transaction, Mercuria and Chevron enter a long-term supply relationship to deliver RNG to Chevron.
