The Northern Lights joint venture and Occidental’s 1PointFive are among the companies moving CCS projects forward.

1PointFive, a carbon capture, utilisation and sequestration unit of Occidental, has signed an agreement with Enterprise Products Partners to establish a CO₂ transportation network. The network ...

HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, and Enterprise Products Partners L.P. (NYSE: EPD) today announced an ...

Occidental Petroleum (NYSE:OXY) subsidiary 1PointFive said Thursday it was awarded $36M in funding from the U.S. Department of Energy to support development of its Bluebonnet and Magnolia carbon ...

HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a subsidiary of Occidental, today announced the signing of a 25-year offtake agreement for approximately 2.3 million metric tons of carbon ...

Earlier this year, 1PointFive also said it would sell carbon credits to companies such as AT&T and Microsoft. These carbon credits are tradable permits that allow the owner to emit specified ...

Occidental Petroleum Corp subsidiary 1PointFive - a carbon capture, utilization, and sequestration (CCUS) company - has entered into an agreement with Microsoft to sell 500,000 metric tons of ...

July 9 (Reuters) - Carbon capture firm 1PointFive said on Tuesday it has entered into an agreement with Microsoft (MSFT.O), opens new tab to sell the tech giant 500,000 metric tons of carbon ...

The bikes had been assembled at the King Ranch Museum by volunteers from King Ranch and 1PointFive, a subsidiary of Occidental that is developing a direct air capture hub on the King Ranch in ...

Occidental Petroleum's (OXY.N), opens new tab carbon capture and sequestration unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations has ...