Abu Dhabi's ADNOC has entered into a strategic partnership by acquiring a 35% stake in ExxonMobil's upcoming low-carbon hydrogen plant in Baytown, Texas. The collaboration aims to bolster ADNOC's lower-carbon energy portfolio and support global decarbonization initiatives. The plant, set to produce 1 billion cubic feet of low-carbon hydrogen daily, represents a significant step towards reducing carbon dioxide emissions, aligning with the companies' net-zero goals. It will also generate over 1 million tons of low-carbon ammonia annually, leveraging cutting-edge carbon capture and storage technologies. The project's market strategy includes supplying blue hydrogen to ExxonMobil's refining systems and exporting blue ammonia to key demand centers in Northeast Asia and Europe. This initiative is expected to create economic growth, employment opportunities, and community development in the Baytown region. The final investment decision is slated for 2025, with production scheduled to begin by 2029, underscoring ADNOC and ExxonMobil's commitment to spearheading the global energy transition towards sustainability.