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Will CRC’s First Brownfield Power CCS Deal Reshape California Resources’ (CRC) Carbon Management Narrative?
In December 2025, California Resources Corporation’s Carbon TerraVault unit signed a non-binding Memorandum of Understanding with Middle River Power to become the exclusive provider of CO2 transportation and sequestration services for two California gas-fired power plants emitting up to 2.75 million metric tons of CO2 annually.
This first agreement for a brownfield power facility in Northern California could help advance CRC’s carbon management ambitions and support the state’s wider...