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Synopsis
Chevron, an American multinational energy corporation, and Mercuria Energy Trading, a Cypriot-domiciled multinational commodity trading company, formed a joint venture to own and operate American Natural Gas and its network of 60 compressed natural gas stations across the United States in a $210m deal. "Mercuria is pleased to partner with Chevron and ANG founder Andrew West in growing ANG’s fueling network and continuing to provide a best-in-class decarbonization solution to the medium- and heavy-duty vehicle market. Chevron’s excellent reputation of customer service, and their like-minded commitment to investment in the energy transition, make them the perfect partner to expand the ANG footprint," Brian A. Falik, Mercuria CIO.
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