Founded in California, California Resources Corporation (CRC) is an independent energy and carbon management company dedicated to the energy transition. The company's core mission is to deliver long-term investment value by responsibly developing a portfolio of low-carbon energy solutions. CRC offers products and services focused on oil and natural gas exploration and production, with a strong emphasis on decarbonization through carbon capture and storage (CCS) and other emissions-reducing projects. Their market focus is primarily within the state of California.
Notable affiliated individuals include key industry leaders and experts in energy and environmental management. CRC has achieved recognition for having some of the lowest carbon intensity production in the United States. The company’s significant impact lies in its commitment to reducing emissions and advancing carbon management technologies, positioning itself as a leader in sustainable energy practices within the oil and gas sector.