Abu Dhabi National Oil Company (ADNOC) has entered into an agreement to acquire a 35% equity stake in ExxonMobil's proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas, USA. The facility is expected to be the largest in the world with a production capacity of up to 1bcf/d of low-carbon or blue hydrogen. This strategic investment aims to produce virtually carbon-free hydrogen by capturing approximately 98% of carbon dioxide emissions. The project plans to utilize advanced carbon capture and storage (CCS) technologies to minimize emissions from hydrogen production. The final investment decision is scheduled for 2025, with operations expected to begin in 2029. ADNOC's managing director highlighted this investment as a significant move in expanding the company's portfolio of lower-carbon energy sources and fulfilling their international growth strategy. Similarly, ExxonMobil's chairman emphasized the importance of partnering with ADNOC to accelerate market development for low carbon-intensity projects. The collaboration between JERA, ExxonMobil, and now ADNOC indicates a global interest in low-carbon energy solutions. The project has faced scrutiny regarding the environmental impact of blue hydrogen, with concerns about methane leaks and the commercial viability of CCS technologies. Despite these challenges, the partnership signifies a positive step towards industrial decarbonisation and the adoption of sustainable energy sources. The agreement reflects a commitment to advancing technologies and partnerships to address the growing demand for cleaner energy and support the global transition towards a low-carbon future.