LONG BEACH, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSECRC), an independent energy and carbon management company, today announced a total contribution of $100,000 to the California Community Foundation and the Los Angeles Fire Department Foundation to support wildfire relief and provision of recovery services to residents impacted by the recent California wildfires. The funds will be equally distributed between the two organizations.

LONG BEACH, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSECRC) plans to release its fourth quarter and full year 2024 financial results on Monday, March 3rd before market hours. The Company will hold a conference call to discuss these financial results on Monday, March 3rd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).

Project to Capture and Store up to 100 Thousand Metric Tons of CO2 Annually From the Elk Hills Cryogenic Gas Plant

Represents Nation’s First Class VI Permits to Sequester CO2 in Depleted Oil and Natural Gas Fields

LONG BEACH, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSECRC), an independent energy and carbon management company committed to energy transition, announced today that the Company’s executives will be participating in the following events in January 2025:

LONG BEACH, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSECRC), an independent energy and carbon management company committed to energy transition, today announced that Clio C. Crespy will join the Company as Executive Vice President and Chief Financial Officer, effective January 1, 2025. CRC’s current CFO Nelly Molina will be stepping down at the end of the year.

California Resources Corporation is working to cater to the power-demand from data centers in a unique way. It could be a big winner long term.

Delivering Improved Capital Efficiencies and Advancing Leading Carbon Management Platform

Received Kern County Board of Supervisors' Conditional Use Permits Approval for CTV I CCS projectSigned a Brownfield MOU for up to ~1.5 MMTPA of CO2 Emissions

LONG BEACH, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSECRC) today announced the publication of its 2023 Sustainability Report detailing the Company’s sustainability initiatives and strategy as well as progress toward its environmental, social and governance (ESG) goals.

Board Approval Represents Major Step for California’s First CCS Project, Critical to Achieving State’s Carbon Neutrality Goal

Award Advances Development of CTV III Carbon Storage Project in California

LONG BEACH, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSECRC) plans to release its third quarter 2024 financial results on Tuesday, November 5th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, November 6th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).

California Resources Corporation (NYSECRC) and the Los Angeles Rams today announced “Football Without the Footprint,” a carbon management initiative that will allow the Rams to reduce or offset carbon emissions from the team’s operations in coming years. CRC and the Rams will also invest in community impact efforts such as garden builds, beautification projects, and science, technology, engineering, art, and math (STEAM) initiatives that will integrate carbon management practices and education. Through this partnership, CRC will become the Rams’ Official Carbon Management Partner.

Sage Geosystems, Inc. (Sage) and California Resources Corporation (NYSECRC) today announced the signing of a Memorandum of Understanding (MOU) to establish a collaborative framework for pursuing commercial projects and joint funding opportunities related to subsurface energy storage and geothermal power generation in California.

California Resources Corporation (NYSECRC), an independent energy and carbon management company, today announced the launch of its Carbon TerraVault I (CTV I) Elk Hills Community Benefits Plan (CBP) in Kern County, California.

California Resources Corporation (NYSECRC) (the “Company”) today announced the consideration payable as set forth in the table below in respect of the previously announced cash tender offer (the “Tender Offer”) to purchase up to $300 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 (the “2026 Notes”) upon the terms and conditions described in the Company’s Offer to Purchase, dated August 8, 2024, as amended (the “Offer to Purchase”).