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...

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