Carbon TerraVault, a subsidiary of California Resources Corporation, announced progress in its first quarter 2026 update, highlighting preparations for the first CO2 injection at California's inaugural carbon capture and storage (CCS) project at Elk Hills. This milestone positions CRC as one of the few U.S. oil and gas companies using EPA-permitted Class VI wells for CO2 storage, supported by federal and state partnerships. The project aims to demonstrate safe, scalable carbon storage, advancing California's decarbonization efforts. Financially, Carbon TerraVault reported adjusted EBITDAX losses narrowing from the previous quarter and expects additional EPA permits in 2026 while engaging customers for integrated decarbonized energy solutions.
Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...
Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
