Rng

Chevron Corp. subsidiary Chevron U.S.A. Inc. has finalized the takeover of Beyond 6 LLC and its 55 compressed natural gas (CNG) fueling stations from independent energy commodity group Mercuria Energy Trading.   San Ramon, CA-based Chevron initially said it also would be adding to its U.S. renewable natural gas (RNG) business with a long-term supply agreement…

Clean Energy Fuels Corp. said Wednesday it has secured $150 million in financing to continue growing its renewable natural gas (RNG) business with a focus on the transportation sector. The four-year, sustainability-linked term loan from Riverstone Credit Partners LP provides Clean Energy with additional capital to execute its RNG growth strategy “as demand for RNG…

Toronto-based Superior Plus Corp. clinched a definitive agreement with Certarus Ltd. to acquire the compressed natural gas (CNG), renewable natural gas (RNG) and hydrogen distributor in a C$1.05 billion ($776.9 million) deal.  After kicking off the year with an announcement that it may offer hydrogen to its commercial and industrial propane customers in Quebec, Superior…

Shell plc is moving to substantially increase its global portfolio of renewable natural gas (RNG) with a nearly $2 billion acquisition deal to acquire Europe’s largest biogas producer, Nature Energy Biogas A/S. Nature Energy, based in Denmark, currently produces around 6.5 Bcf/y of RNG from agricultural, industrial and household waste at 14 operational plants. The…

Chevron Corp. subsidiary Chevron U.S.A. Inc. is expanding its large-scale U.S. renewable natural gas (RNG) business through its latest plan to receive supply from Mercuria Energy Trading. The San, Ramon, CA-based supermajor’s subsidiary last week signed a definitive agreement with Beyond6 LLC’s co-owners, which include Mercuria, to also take full ownership of B6’s 55 nationwide…

TC Energy Corp. is partnering with the granddaddy of American whiskey, the 156-year-old Jack Daniel Distillery in Tennessee at Lynchburg, to break into renewable natural gas (RNG) production. For C$29.3 million ($22 million), TC bought into a partnership with 3 Rivers Energy Partners LLC called Lynchburg Renewable Fuels LLC that has a deal with the…

To expand and accelerate its bioenergy business, BP plc on Monday agreed to acquire Archaea Energy Inc., a leading U.S. renewable natural gas (RNG) producer. The acquisition, subject to Archaea shareholder approval, would be for $3.3 billion in cash and close to $800 million in debt.  Bioenergy is one of the five strategic transition growth…

Chevron Corp. and California Bioenergy LLC are expanding their dairy biomethane business to produce renewable natural gas (RNG) as a transportation fuel in the Golden State.  Subsidiary Chevron U.S.A. Inc. and CalBio, as it is known, invested in a second holding company, CalBioGas Hilmar LLC, to build infrastructure for biomethane projects in Merced County. “We…

TC Energy Corp. is set to bring utility-scale solar power to its product line with the first C$146 million ($109 million) project at its Calgary home base. The initial generating site would have an 81 MW capacity and include a jumbo battery. It would supply a suburban community, as well as TC’s pipeline network. The…