Occidental’s subsidiary 1PointFive and Enterprise Products Partners have teamed up to develop a transportation network that will carry CO2 emissions captured in the Houston Ship Channel area to a sequestration hub in southeast Texas.
As part of the agreement, Enterprise will develop a new pipeline network and transport the captured CO2 emissions from third parties in the Houston Ship Channel to 1PointFive’s Bluebonnet Sequestration Hub, according to a news release.
The agreement was announced Oct. 28 as Occidental is taking steps to lower global greenhouse gas emissions. Carbon capture and sequestration is viewed as a promising way for industrial emitters to reduce such emissions.
“This agreement pairs our expertise managing large volumes of CO2 with Enterprise’s decades of midstream experience to bring confidence to industrial customers seeking a decarbonization solution,” said Jeff Alvarez, president of 1PointFive Sequestration.
The hub, which was awarded funding from the U.S. Department of Energy earlier this month, is being developed in Chambers County, Texas. The new network will be co-located with existing pipeline infrastructure, according to the release.
Recommended Reading
Carbon Removal Company Equatic Appoints New CEO
2024-11-18 - Equatic appointed a new CEO in preparation to launch the world’s largest ocean-based carbon removal plant.
No Shortage of Capital, Shortage of Investable Low-carbon Projects
2024-09-30 - Investors are looking to the bankability equation—sustainability plus guaranteed returns—and finding that the energy transition’s problem is not a shortage of capital, but a shortage of investable projects.
US Energy Secretary Nominee Chris Wright Champions Energy at DUG GAS
2024-11-19 - President-elect Donald Trump's energy secretary nominee Chris Wright championed energy's role in bettering human lives earlier this year on stage at Hart Energy’s DUG GAS Conference and Expo.
Woodside Reports Record Q3 Production, Narrows Guidance for 2024
2024-10-17 - Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.
Optimizing Direct Air Capture Similar to Recovering Spilled Wine
2024-09-20 - Direct air capture technologies are technically and financially challenging, but efforts are underway to change that.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.