BP & Clean Energy Form Joint Venture Around Renewable Natural Gas
CHICAGO BP Products North America Inc., a subsidiary of BP plc, has finalized a joint venture with Clean Energy Fuels Corp. to develop, own and operate new renewable natural gas (RNG) projects at dairies and other agriculture facilities.
Each company will have 50 percent voting control in the joint venture, which is initially funded with $50 million previously provided by BP and $40 million from Clean Energy. The joint ventures anticipated adding preferred stock and debt to increase committed investment capital, according to the announcement. Clean Energy will serve as the operating partner.
(Clean Energy Fuels Corp./NGV Journal) Clean Energy Fuels Corp. has opened a new public fueling station in Carson, California, that will provide renewable natural gas to fuel trucks in the Ports of Los Angeles and Long Beach, and service many Carson-area truck terminals and warehouses.
“This station will allow more vehicles to take advantage of the cleanest fuel available today, especially in a region heavily impacted by emissions from heavy-duty trucks,” said Greg Roche, vice president of sustainability, Clean Energy. “We are pleased to bring more fueling choices to companies that want to reduce their carbon footprint with renewable natural gas and greatly reduce harmful greenhouse gases.”
Clean Energy Fuels, BP Create JV for RNG Fuel Production
Clean Energy Fuels Corp.
Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.
Each company will retain 50% voting control in the joint venture, which will be initially funded with $50 million previously provided by BP and another $30 million from Clean Energy.
The joint venture anticipates adding preferred stock and debt to increase committed investment capital, according to Clean Energy. It is based in Newport Beach, Calif., and will be the operating partner.
Total, Clean Energy Partner to Develop U S RNG Sites - Natural Gas Intelligence naturalgasintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasintel.com Daily Mail and Mail on Sunday newspapers.
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Jan 6 (Reuters) - Miguel Cabezola, a driver for United Parcel Service Inc in Tucson, Arizona, complained on March 27 to U.S. workplace safety regulators, alleging the company was taking a lax approach to social distancing, sanitizing equipment and quarantining workers with COVID-19 symptoms. He hoped for an inspection of the facility that would force changes to protect worker safety.
Instead, the state arm of the U.S. Occupational Safety and Health Administration (OSHA) summarized Cabezola’s concerns in an email to company management, reviewed the UPS response and closed the file.
Over the next two months, a COVID-19 outbreak infected more than 40 Tucson UPS workers - including a manager who eventually died - and caused delivery delays throughout southern Arizona, according to interviews with six Tucson UPS workers and local union officials of the International Brotherhood of Teamsters.