News releases

• 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 U.S.-produced natural gas into virtually carbon-free hydrogen, with ~98% of CO₂ removed, advancing U.S. competitiveness and supporting U.S. jobs

SK On seeking multiyear supply, up to 100,000 metric tons, of lithium from ExxonMobil for U.S.-based EV battery manufacturing

• Agreement signals demand for domestically sourced Mobil^_TM Lithium and marks a milestone in building out U.S. electric vehicle and battery supply chains.
• Domestic lithium production contributes to energy security, supports U.S. manufacturing jobs and reduces carbon emissions.

• Agreement aims to advance low-carbon hydrogen market, driving toward a cleaner energy future
• Enables transportation of low-carbon hydrogen from ExxonMobil’s facility through Air Liquide’s existing pipeline network
• Air Liquide supplies oxygen and nitrogen needed to produce low-carbon hydrogen and ammonia
• Final investment decision subject to supportive government policy, necessary regulatory permits