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Stock impact report

Carbon TerraVault Provides First Quarter 2024 Update

California Resources Corporation (CRC) 
NASDAQ:AMEX Investor Relations: crc.com/investor-relations
Company Research Source: Business Wire
LONG BEACH, Calif.--(BUSINESS WIRE)--Carbon TerraVault (CTV) today provided an update on its first quarter 2024 operations. California Resources Corporation (NYSE: CRC) conducts its carbon management business through CTV which pursues carbon capture and sequestration (CCS) projects that are directly sited or within close proximity to significant sources of carbon dioxide (CO2) emissions in California.“We began our year by continuing to work closely with local communities and other stakeholders on advancing California's first Class VI draft permit through the public opinion period and further strengthening our leading carbon management platform,” said Francisco Leon, CRC’s President and Chief Executive Officer. “CRC's CCS proposition and its associated decarbonization technologies will further expand and scale up our low-carbon leadership and position CRC to meet the decarbonization needs of California's industrial customers while reducing emissions in our own operations. As we loo Show less Read more
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