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Occidental Petroleum Occid›
Products & Services
AddedJun 17, 2026
UpdatedJun 17, 2026
1PointFive

Occidental Petroleum Occid› offers 1PointFive

Service
Currently Offered

1PointFive is Occidental's subsidiary developing direct air capture and carbon sequestration hubs for industrial customers.

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Overview

1PointFive is a subsidiary of Occidental Petroleum focused on deploying direct air capture (DAC) technology and large-scale carbon sequestration hubs in the United States. The company markets carbon dioxide removal services and net-zero credits to corporate buyers including airlines, technology firms, and industrial emitters.

Its flagship STRATOS DAC facility in Texas is among the world's largest planned direct air capture plants. 1PointFive competes with other large-scale carbon management providers including ExxonMobil Low Carbon Solutions, Chevron New Energies, and dedicated DAC startups for industrial decarbonization mandates.

1PointFive - Classification

Tags
  • Carbon Capture

1PointFive - Direct Competitors

  • ExxonMobil

    ExxonMobil logo

    ExxonMobil Low Carbon Solutions

    corporate.exxonmobil.com

Attribute1PointFiveExxonMobil Low Carbon Solutions
ProviderOccidental Petroleum Occidoxy.com$5.6B raised · PublicExxonMobilcorporate.exxonmobil.comPublic
Founded19201999
Sells ToEnterprise, GovernmentConsumers, Enterprise
Pricing ModelSoftware, TransactionalProduct Sales, Transactional
OwnershipPublicPublic
1PointFive

Provider Occidental Petroleum Occidoxy.com$5.6B raised · Public

Founded 1920

Sells To Enterprise, Government

Pricing Model Software, Transactional

Ownership Public

ExxonMobil Low Carbon Solutions

Provider ExxonMobilcorporate.exxonmobil.comPublic

Founded 1999

Sells To Consumers, Enterprise

Pricing Model Product Sales, Transactional

Ownership Public