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News and announcements

Stay informed about the latest low-carbon developments for heavy industry, including the newest technologies, innovative strategies and key collaborations.

The latest in Low Carbon Solutions

LG Chem and ExxonMobil sign MOU for lithium offtake
  • Offtake agreement for up to 100,000 tons of lithium carbonate.
  • Aims to strengthen the U.S. critical mineral supply chain.
  • Contributes to domestic energy security, manufacturing, jobs and emission reduction.
  • Lithium production contingent on supportive regulatory frameworks, among other factors.
News and announcements
News release •
ExxonMobil secures largest CO2 offshore storage site in the U.S. 
  • ExxonMobil has secured access to over 271,000-acres in Texas state waters; ideal for CO2 storage
  • Agreement will directly benefit the Texas Permanent School Fund
  • Latest example of ExxonMobil’s leadership in building a carbon capture industry in the U.S.
News and announcements
News release •
Mitsubishi Corporation and ExxonMobil sign Project Framework Agreement to advance world’s largest low-carbon hydrogen project [Spring, Texas and Tokyo, Japan] - Mitsubishi Corporation and Exxon Mobil Corporation (NYSE: XOM) have signed a Project Framework Agreement for Mitsubishi Corporation’s participation in ExxonMobil’s facility in Baytown, Texas which is expected to produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia.  Under the terms of the agreement, the companies will advance discussions regarding Mitsubishi Corporation’s offtake of low-carbon ammonia and equity participation in the project. The ammonia is expected to be used in Japan for power generation, process heating, and other industrial activities. 
News and announcements
News release •

2 min read

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Khaled bin Mohamed bin Zayed witnesses signing ceremony for ADNOC and ExxonMobil partnering in world’s largest low-carbon hydrogen facility
  • ADNOC to acquire a 35% equity stake in Baytown, Texas, project that will produce virtually carbon-free hydrogen.
  • The strategic investment will support both companies’ net zero ambitions, accelerate decarbonization of hard-to-abate sectors, and meet rising demand for low-carbon hydrogen and ammonia.
  • Facility expects to convert US-produced natural gas into virtually carbon-free hydrogen, with ~98% of CO2 removed, advancing US competitiveness and supporting US jobs.
News and announcements
News release •
ExxonMobil signs carbon capture agreement with CF Industries in Mississippi
  • We’ll remove up to 500,000 metric tons of CO2 annually from CF Industries’ site in Yazoo City.
  • It’s the latest sign of our leadership in CCS, a proven emissions solution.
  • Our total CCS customer commitments are now up to 5.5 MTA.
Carbon capture and storage
News release •

ExxonMobil Low Carbon Solutions press packet

Read our press packet and learn about the collaborative work we are doing in the low-carbon solutions space.
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