1PointFive and Enterprise Agreement Supports Development of Carbon Dioxide Transportation Network for Southeast Texas Sequestration Hub
Enterprise Products Partners L.P. (EPD)
Last enterprise products partners l.p. earnings: 4/29 06:00 am
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, and Enterprise Products Partners L.P. (NYSE: EPD) 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.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241028902496/en/Under the Transportation Services Agreement, once 1PointFive provides notice, Enterprise will develop a new pipeline network and provide fee-based transportation services to 1PointFive to transport CO2 emissions captured by third parties at facilities in the vicinity of the Houston Ship Channel to 1
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EPD
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