Abu Dhabi National Oil Company (ADNOC) has partnered with ExxonMobil to acquire a 35% stake in a proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. This facility, set to be the world's largest of its kind, will produce up to 1 billion cubic feet of low-carbon hydrogen daily with approximately 98% carbon dioxide removal. The project aims to reduce greenhouse gas emissions, particularly in hard-to-decarbonize sectors. The signing of the partnership was witnessed by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, emphasizing the significance of global collaboration in ensuring energy security and sustainability. Both ADNOC and ExxonMobil view this partnership as a strategic investment in US energy production and the global energy transition towards a net-zero future. The facility is expected to make a significant contribution to decarbonizing heavy-emitting sectors, such as industry, energy, and transportation. ADNOC's managing director highlighted the importance of the project in expanding their portfolio of lower-carbon energy sources and meeting rising demand. ExxonMobil's CEO emphasized the scale and global impact of the project, highlighting the importance of partnering with experienced entities like ADNOC. The collaboration aims to leverage advanced carbon capture and storage technologies to enhance sustainability in the production of low-carbon hydrogen.