The partnership between ADNOC and ExxonMobil marks a significant milestone in the global energy transition as they gear up to develop the world's largest low-carbon hydrogen facility. The facility, set to be located in Baytown, Texas, will utilize advanced carbon capture and storage technologies to convert U.S.-produced natural gas into virtually carbon-free hydrogen, with an aim to remove approximately 98% of associated CO2 emissions. This project, expected to produce up to 1 billion cubic feet of low-carbon hydrogen daily and over 1 million tons of low-carbon ammonia annually, holds the promise of being a game-changer in decarbonizing hard-to-abate sectors like industry, energy, and transportation. The final investment decision is projected for 2025, with operations scheduled to start by 2029. Dr. Sultan Ahmed Al Jaber of ADNOC and Darren Woods of ExxonMobil have expressed confidence in the project's success, highlighting its environmental and economic benefits. Besides contributing to environmental sustainability, the facility is anticipated to boost the local economy in Baytown by creating jobs and supporting community initiatives, aligning with ADNOC's broader strategy of delivering social and economic value through its projects.