CRC completes pipelines acquisition, says it may use 2,000-mile network for CO2 transport

There might be more than just crude riding on California's biggest oil pipeline transaction in years. Kern County oil producer California Resources Corp. said Tuesday its completion of a previously announced acquisition of Crimson Midstream Holdings LLC gives it a "broader set of options" for sending carbon dioxide from industrial sources to depleted oil and gas reservoirs, where the gas would ...