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California Resources Corporation (NYSE: CRC) (the “Company”) announced today the appointment of Mark A. (“Mac”) McFarland as the Company’s permanent President and Chief Executive Officer, effective immediately. Mr. McFarland has served on the Company...
California Resources Corporation (NYSE: CRC), an independent California-based oil and natural gas exploration and production company, today reported fourth quarter and full year 2020 results. Operational and financial highlights were as follows: 2020 Fourth Quarter and Full Year...
Oil prices have climbed back to pre-covid-19 pandemic levels in recent weeks, driven primarily by substantial OPEC+ production cuts and the resumption of industrial activity with the mass rollout of Covid-19 vaccines in major countries. The price of oil surged further after OPEC and non-OPEC ...