Chevron, Mercuria Finalize CNG Fueling Network Joint Venture

SAN RAMON, Calif. & SARATOGA SPRINGS, N.Y. & HOUSTON--(BUSINESS WIRE)-- Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today that it closed its previously announced acquisition of an equity interest in American Natural Gas LLC and its network of 60 compressed natural gas stations across the United States from Mercuria Energy Trading.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211001005593/en/

About Chevron
Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. To advance a lower carbon future, we are focused on lowering the carbon intensity in our operations and growing our lower carbon businesses. More information about Chevron is available at www.chevron.com.

About Mercuria
Founded in 2004, Mercuria is one of the largest independent energy and commodity groups in the world. As an integrated group, Mercuria is present all along the commodity value chain with activities forming a balanced combination of trading flows, strategic assets and structuring solutions. With more than USD 100 billion in turnover, Mercuria has become one of the most active players in the energy and renewables markets. Over the next five years, the company will direct half of its investment towards the energy transition. For more information, visit www.mercuria.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211001005593/en/

Tyler Kruzich, Chevron
External Affairs
[email protected]
t. (925) 549-8686

Matthew Lauer, Mercuria
Communications
[email protected]
t. (703) 463-1841

Source: Chevron Corporation

You May Also Be Interested In

• Tanger Recognized by Newsweek for Workplace Culture and by Nareit for Investor Communications Excellence
• 49NORTH RELEASES GLOBAL PROCEDURE DESIGNER, A PROVEN INSTRUMENT FLIGHT PROCEDURE DESIGN SOLUTION REFRESHED FOR COMPLIANCE WITH LATEST REGULATIONS
• The Anthem Hotel Debuts the "Soccer Legends Suite" Celebrating U.S. Soccer Culture