LNG

UK major BP has agreed to acquire Archaea Energy of Houston in Texas for $4.1 billion, comprising $3.3Bln in cash as well as around $800 million of net debt, to increase its presence in the bio-natural gas fuel sector.

The California ports of Los Angeles and Long Beach, which in the past were short-listed as possible West Coast LNG import terminal locations, are now using more than 100 gas-powered trucks for port transportation and fueled by the leading developer of LNG filling stations, Clean Energy Fuel Corp.

Clean Energy Fuels Corp., the supplier of liquefied natural gas and compressed natural gas fuels has decided to make its Redeem renewable natural gas (RNG) made from waste available at all of its fueling stations by 2025.