• California Resources signed a memorandum of understanding with Bloom Energy to evaluate fuel cell power generation paired with carbon capture in California.
• The collaboration targets at least 1 GW of potential projects serving the grid or providing on-site power.
• Projects contemplated in Central and Northern California could provide up to 3 million metric tons of annual CO2 emissions for permanent storage.

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 via GlobeNewswire (Ref. ID: 202611021630PRIMZONEFULLFEED9868339) on November 02, 2026, and is solely responsible for the information contained therein.