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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80