Carbon TerraVault Provides Third Quarter 2024 Update
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Carbon TerraVault Holdings, a subsidiary of California Resources Corporation, received approval for its CTV I CCS project and signed a Brownfield MOU for CO2 emissions management.
November 05, 2024 | 9:45 pm
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California Resources Corporation's subsidiary, Carbon TerraVault, received conditional use permits for its CTV I CCS project and signed a significant MOU for CO2 emissions management.
The approval of conditional use permits for the CTV I CCS project is a positive regulatory development, potentially enhancing CRC's carbon management capabilities. The MOU for CO2 emissions management further strengthens CRC's position in the carbon management sector, likely boosting investor confidence.
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