TotalEnergies, Vanguard Form RNG Joint Venture

April 26, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--French supermajor TotalEnergies SE (NYSE:TTE) (Courbevoie, France) said it reached a joint venture agreement to produce more than 2 billion cubic feet of renewable natural gas per year from U.S. farm operations.

TotalEnergies announced Wednesday that it signed an agreement with renewable natural gas (RNG) company Vanguard Renewables (Weston, Massachusetts) to develop, build and operate 10 new projects that will combine for 2.5 billion cubic feet (Bcf) of annual output.

Other companies featured: Cummins (NYSE:CMI), Amazon.com Incorporated (NASDAQ:AMZN), Federal Express (NYSE:FDX) and United Parcel Service (NYSE:UPS).