Carbon Journey

The U.S. Department of Energy recently announced the selection of Aera Federal LLC, a subsidiary of Aera Energy, to conduct a feasibility study for Aera DAC Hub. The feasibility study, valued at $4.5 million, will be funded mostly by the US Department of Energy (DOE) and partly by Aera to help establish the viability of DAC as a business and

Aera Energy LLC

Aera Energy LLC | 22 483 abonnés sur LinkedIn. Our energy powers great todays and better tomorrows! | As a California company, Aera holds the values of Californians: we strive to innovate, we celebrate productivity, and advocate for the preservation of our beautiful state. At Aera, we care about providing energy for California and prosperity for Californians. Since Aera was

Environmental Health and Safety

Aera Energy''s unwavering commitment to safety, conservation, and environmental stewardship, means we help produce the oil and gas California relies on and invest in lower carbon energy production, while grounding ourselves in the highest standards of safety and integrity.

Environmental Health and Safety

Aera Energy''s unwavering commitment to safety, conservation, and environmental stewardship, means we help produce the oil and gas California relies on and invest in lower carbon energy production, while grounding

CRC agrees to buy Aera for $2.1 billion | News | bakersfield

New owners of Aera Energy LLC have agreed to sell the Bakersfield-based oil producer to a local competitor for a little more than half the amount they bought it for CRC agrees to buy Aera for $2.1

Powering California''s Energy Future

With over a quarter-century of experience, Aera Energy''s experts are uniquely positioned to innovate for the future, while powering Californians with the responsibly produced energy they rely on. Join the energy conversation, as we put innovative ideas into practice by combining our technical know-how and capabilities to power Californians

California Resources Corporation Completes Combination

LONG BEACH, California, July 1, 2024 – California Resources Corporation (NYSE: CRC) announced today the completion of the all-stock combination with Aera Energy, LLC (Aera). The issuance of shares was approved by CRC shareholders at a special meeting held on June 26, 2024, where CRC shareholders voted in favor of the stock issuance necessary

Advocacy

Aera is collaborating to build a constructive energy future for California – a future that both meets the energy needs of Californians while creating a better future for generations to come. That means innovating and deploying new ways to decarbonize energy production– all while continuing to help meet the needs of 36 million people in

California Resources Corporation to Combine with Aera Energy

Transaction highly accretive across key 2024E financial metrics Complementary assets to significantly scale EP business and expand leading carbon management platform California Resources Corporation (NYSE: CRC) today announced the signing of a definitive merger agreement to combine with Aera Energy, LLC (Aera) in an all-stock transaction. The

CPP Investments Partners with IKAV to Acquire Aera Energy

About Aera Energy LLC. Aera Energy is a California company and a long-time leader in the energy industry accounting for nearly 25 percent of the state''s oil production. Formed in 1997, it is headquartered in Bakersfield and known for excellent safety and environmental performance, innovative business practices, application of cutting-edge

Who We Are

At Aera, we''re accelerating our more than 25-year journey by focusing on what we do best: safely delivering the reliable and affordable energy that Californians depend on today and will need for years to come. As part of our shared vision for California''s energy future, we''re leading the way in the next generation of energy production focusing on the coexistence of oil and gas with the

Newsroom

Today, the U.S. Department of Energy announced the selection of Aera Federal LLC to begin award negotiations, valued at $4.5 mln, to conduct a feasibility study for a regional direct air capture (DAC) hub at the Belridge oil field in Kern County, California.

Endowment supports future energy workers

The new Aera Energy STEM Scholarship Fund supports young adults interested in pursuing future energy careers. Spencer Major of Ventura (right), 2023 Aera Energy STEM Scholarship recipient, poses for a picture with Aera External Affairs Advisor Amy Fonzo (left).

CPP Investments partners with IKAV to acquire Aera Energy

Canada Pension Plan Investment Board (CPP Investments) will partner with international asset management group IKAV to acquire California energy producer Aera Energy LLC. In September 2022, IKAV, which has deep renewables expertise as well as a strong track record managing U.S. conventional energy assets, announced plans to acquire Aera Energy.

CPP INVESTMENTS PARTNERS WITH IKAV TO ACQUIRE AERA ENERGY

About Aera Energy LLC Aera Energy is a California company and a long-time leader in the energy industry accounting for nearly 25 percent of the state''s oil production. Formed in 1997, it is headquartered in Bakersfield and known for excellent safety and environmental performance, innovative business practices, application of cutting-edge

Aera sells to German energy investor, Canadian pension fund

Bakersfield-based Aera Energy LLC, California''s second-largest oil producer, has sold to California Resources Corp., whose headquarters are in Long Beach.This file photo was taken in early 2022.

Aera Energy

Aera Energy LLC (or simply Aera) is a natural gas, oil exploration and production company started as a joint venture between Shell plc (through Shell USA) and Mobil (which later merged to form ExxonMobil).Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company, [1] and one of California''s largest oil and natural gas producers, with an

Aera''s Direct Air Capture Hub Awarded U.S DOE Funding

Bakersfield, CA – Aera Energy LLC announced today that the U.S. Department of Energy (DOE) awarded Aera Federal LLC a $2.8 million cooperative agreement contract as part of the department''s Regional Direct Air Capture (DAC) Hubs Initiatives, which aim to demonstrate the capture, processing, delivery, and storage or end-use of captured carbon.

Aera Energy LLC

Aera Energy LLC | 24,387 followers on LinkedIn. Our energy powers great todays and better tomorrows! | As a California company, Aera holds the values of Californians: we strive to innovate, we celebrate productivity, and advocate for the preservation of our beautiful state. At Aera, we care about providing energy for California and prosperity for Californians. Since Aera was

Aera Energy

OverviewBusiness areasOther business interestsLawsuitsAwardsIn popular cultureExternal links

Aera Energy LLC (or simply Aera) is a natural gas, oil exploration and production company started as a joint venture between Shell plc (through Shell USA) and Mobil (which later merged to form ExxonMobil). Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company, and one of California''s largest oil and natural gas producers, with an approxim

IKAV Announces Merger of Aera Energy With California Resources

IKAV, the international asset management group, announced today that a merger agreement has been signed to combine Aera Energy LLC ("Aera") with California Resources Corporation (NYSE: CRC) under which the two companies will combine to reshape the energy industry in California. The merger is an all-stock transaction valued at $2.1 billion.

News: IKAV acquires Aera Energy from Shell and ExxonMobil

About Aera Energy LLC Aera Energy is a California company and a long-time leader in the energy industry accounting for nearly 25 percent of the state''s oil production. Formed in 1997, it is headquartered in Bakersfield and known for excellent safety and environmental performance, innovative business practices, application of cutting-edge

California Resources Corporation Completes Combination with Aera Energy

Creates the Leading Energy Producer and Carbon Management Solutions Provider in California California Resources Corporation (NYSE: CRC) announced today the completion of the all-stock combination with Aera Energy, LLC (Aera). The issuance of shares was approved by CRC shareholders at a special meeting held on June 26, 2024, where CRC

Aera Announces Carbon Capture and Storage Project

Project Kicks Off Ambitious Plans for Future Kern County Energy Hub. Bakersfield, Calif. – Aera Energy, a leader in California energy production, announced today its first large-scale carbon capture and storage project (CCS), CarbonFrontier. Aera is harnessing CCS technology, which is backed by decades of science and has been successfully

Carbon Journey

The U.S. Department of Energy recently announced the selection of Aera Federal LLC, a subsidiary of Aera Energy, to conduct a feasibility study for Aera DAC Hub. The feasibility study, valued at $4.5 million, will be funded mostly by the

Aera Energy LLC | LinkedIn

Aera Energy LLC | 24,385 (na) tagasubaybay sa LinkedIn. Our energy powers great todays and better tomorrows! | As a California company, Aera holds the values of Californians: we strive to innovate, we celebrate productivity, and advocate for the preservation of our beautiful state. At Aera, we care about providing energy for California and prosperity for Californians. Since Aera

Charity

Aera supports local school supply, food drives to support local families Boys & Girls Clubs of Kern County visit Aera to learn about STEM careers as part of summer internship program Improving mobility for developmentally disabled residents and clients at Gateway Center of Monterey County

Compensation and Benefits

Read more in Aera''s Benefits at a Glance Accessibility Notice If you need a reasonable accommodation for any part of the employment process due to a physical or mental disability, please call 1-888-757-2372 and ask for one of our recruiting team members.