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Articles from 1PointFive

Liverpool FC and 1PointFive Announce Product Collaboration for Merchandise Using Direct Air Capture Technology
HOUSTON, March 06, 2025 (GLOBE NEWSWIRE) -- Liverpool Football Club (LFC) and 1PointFive, a U.S.-based carbon capture, utilization and sequestration company, today announced a new pioneering collaboration that will launch exclusive products for Reds’ supporters.
By 1PointFive · Via GlobeNewswire · March 6, 2025
1PointFive and Enterprise Agreement Supports Development of Carbon Dioxide Transportation Network for Southeast Texas Sequestration Hub
HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, and Enterprise Products Partners L.P. (NYSEEPD) today announced an agreement for the development of a carbon dioxide (CO2) transportation network to support the Bluebonnet Sequestration Hub that 1PointFive is developing in southeast Texas. 1PointFive, a subsidiary of Occidental, is progressing the development of carbon sequestration hubs that leverage Occidental’s 50-year history of managing CO2 to deliver solutions that help advance industrial decarbonization.
By 1PointFive · Via GlobeNewswire · October 28, 2024
1PointFive Sequestration Hubs Awarded Department of Energy Funding
HOUSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a wholly owned subsidiary of Occidental, announced today that its Bluebonnet and Magnolia Sequestration Hubs were awarded a total of $36 million in funding from the U.S. Department of Energy (DOE) under Phase III of the Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative. The awards will support the development of 1PointFive’s carbon dioxide (CO2) sequestration hubs that provide a solution to address industrial sources of emissions.
By 1PointFive · Via GlobeNewswire · October 3, 2024
1PointFive Announces Agreement to Sell 500,000 Metric Tons of Direct Air Capture Carbon Removal Credits to Microsoft
HOUSTON, July 09, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization and sequestration (CCUS) company, today announced it has entered into an agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six years to support Microsoft’s carbon removal strategy. The agreement is the largest single purchase of CDR credits enabled by Direct Air Capture (DAC) to date and highlights the increasing adoption of this climate technology as a solution to help organizations achieve net-zero emissions. 
By 1PointFive · Via GlobeNewswire · July 9, 2024
1PointFive and AT&T Announce Direct Air Capture Carbon Removal Agreement
1PointFive will join AT&T’s Connected Climate Initiative for further collaboration
By 1PointFive · Via GlobeNewswire · March 13, 2024
1PointFive and Trafigura Announce Direct Air Capture Carbon Removal Credit Agreement
Announced during the World Economic Forum’s Annual Meeting, the purchase furthers Trafigura’s climate strategy to address emissions associated with the supply of energy and commodities
By 1PointFive · Via GlobeNewswire · January 16, 2024
1PointFive and Boston Consulting Group Announce Strategic Agreement for Direct Air Capture Carbon Removal Credits
HOUSTON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, and Boston Consulting Group (BCG), one of the world’s leading management consulting firms, today announced that BCG agreed to purchase 21,000 metric tons of carbon dioxide removal (CDR) credits over three years from 1PointFive. BCG is collaborating with 1PointFive through consulting services, including to develop business processes that support Direct Air Capture (DAC) CDR credits.
By 1PointFive · Via GlobeNewswire · January 11, 2024