News
05 September 2024

ADNOC to take 35% stake in ExxonMobil’s blue hydrogen project

In:
Renewables
Region:
Americas

ADNOC has agreed to take a 35% equity stake in ExxonMobil’s blue hydrogen and ammonia project in Texas.Located in Baytown, the facility could produce up to 900,000 tonnes of hydrogen and over 1 million tonnes of low-carbon ammonia per year. The two companies now expect a final investment...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
22 August 2025

Wasting your breadth? Glencore reports disappointing...

The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business...

Interview
29 August 2025

Gambelli looks to DFI collaboration at Maire Met Development

Irene Gambelli, subsidised financing manager at Maire Met Development, discusses her new role, and her work in liaising with MDBs and DFIs alongside ECAs to initiate, promote...