Chevron Subsidiary Agrees to Fully Acquire Beyond6 Gas Station Network
18 November 2022 - 8:43AM
Dow Jones News
By Denny Jacob
Chevron Corp. subsidiary Chevron U.S.A. Inc. on Thursday said it
agreed to acquire full ownership of Beyond6 LLC and its network of
gas stations.
The oil company said it will acquire 55 compressed natural gas
stations across the U.S. from Chevron's current Beyond6 co-owners,
a subsidiary of Mercuria Energy Trading and Beyond6 Chief Executive
CEO Andrew West.
Terms of the deal weren't disclosed.
Chevron said it and Mercuria will enter into a long-term supply
relationship to deliver renewable natural gas to Chevron as part of
the transaction.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
November 17, 2022 16:28 ET (21:28 GMT)
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