Abu Dhabi National Oil Co. (ADNOC) is investing in a 35 percent equity stake in Exxon Mobil Corporation's low-carbon hydrogen and ammonia production facility in Baytown, Texas. The agreement aims to reduce greenhouse gas emissions across various sectors and meet the rising demand for lower-carbon fuels, contributing to a net-zero future. The facility will utilize advanced carbon capture and storage technologies to produce up to 1 billion cubic feet of low-carbon hydrogen daily and over 1 million tons of low-carbon ammonia annually. ADNOC plans to support community initiatives in Baytown following the project's final investment decision in 2025, with startup set for 2029, pending regulatory approvals. ExxonMobil has also partnered with CF Industries to transport and store up to 500,000 metric tons per year of captured CO2 from CF Industries' Mississippi complex, reducing emissions by up to 50% by 2028. Additionally, ADNOC, Petronas, and Storegga are collaborating on a potential carbon capture and storage project in Malaysia to evaluate saline aquifers for CO2 storage. These initiatives highlight a strategic focus on decarbonization and sustainability in the energy sector, showcasing advancements in low-carbon technologies and global partnerships towards a greener future.