ADNOC has acquired a 35% stake in the ExxonMobil proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. This partnership aims to align with both companies’ net-zero ambitions and help decarbonize hard-to-abate industries while meeting the increasing demand for low-carbon fuels. The facility plans to convert natural gas into virtually carbon-free hydrogen while capturing nearly 98% of the resulting carbon dioxide emissions. Once operational, it is expected to be the largest of its kind globally, producing up to 1 billion cubic feet of low-carbon hydrogen daily and over 1 million tons of low-carbon ammonia annually. The project, anticipated to make a final investment decision in 2025 and commence operations in 2029, will utilize advanced carbon capture and storage technologies to minimize emissions. The partnership not only supports job creation and community development in Baytown and Houston area but also reflects a commitment to sustainability and education. ADNOC's Managing Director and Group CEO highlighted the importance of the investment in expanding low-carbon energy sources, emphasizing the significance of the project for meeting rising demand and decarbonizing heavy-emitting sectors. The sentiment in the article is positive, focusing on the economic benefits, job creation, community support, and environmental advancements resulting from the partnership between ADNOC and ExxonMobil.