California Resources outlines potential CO2 pipeline network to link California emitters with TerraVault storage sites

Reuters2026/09/01 21:43

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California Resources Corp outlined a strategy to expand its carbon storage platform through the Crimson pipeline acquisition.
Deal covers a roughly 2,000-mile pipeline network, including the 220-mile KLM corridor, adding land rights for a potential CO2 system.
Potential network could link Northern and Central California industrial emitters to TerraVault storage projects with 352 MMT permit volumes submitted to EPA.
Pipeline optionality could broaden the addressable market by enabling CO2 storage from emitters not co-located with reservoirs.
CRC highlighted its California marketing advantage, citing 350 MMcf/d of contracted natural gas transport capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. California Resources Corporation published the original content used to generate this news brief on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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California Resources outlines potential CO2 pipeline network to link California emitters with TerraVault storage sites

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