Pull to refresh
Logo
Daily Brief
Following
Why Sign Up
California State Legislature (SB 237)

California State Legislature (SB 237)

State lawmaking body

Appears in 1 story

Stories

CRC buys Berry, builds a bigger California oil empire—while betting on carbon storage as the second act

Money Moves

Passed and chaptered SB 237, reshaping fuel-supply and permitting politics

The CRC–Berry all-stock combination is now in the paperwork-and-plumbing phase: CRC’s post-close 8-K confirms Berry is a wholly owned subsidiary, discloses an amendment that increased CRC’s elected credit-facility commitments to $1.46 billion, and sets a 71-day deadline to publish the required pro forma financials for the combined company.

Updated Dec 18, 2025