Chevron to Buy Renewable Energy Group
February 28, 2022 at 11:16 AM EST
Chevron Corp. (NYSE: CVX) announced on Monday that it has agreed to acquire sustainable fuel producer Renewable Energy Group Inc. (NASDAQ: REGI) for $3.15 billion. The deal is expected to close in the second half of 2022. REG’s fuels lower greenhouse gas emissions to reduce carbon impact. The...