Exxon Mobil and Japanese import/export company Marubeni have signed a long-term offtake agreement for 250,000 tonnes of low-carbon ammonia per year from ExxonMobil’s forthcoming facility in Baytown, Texas.| Energy Capital
The country’s largest oil and gas company might cancel what would be the world’s largest low-carbon hydrogen plant due to a significant change in federal law. The project carries a $7 billion price tag.| Energy Capital
Spring-based ExxonMobil has teamed up with Japan’s Mitsubishi to potentially produce low-carbon ammonia and nearly carbon-free hydrogen at ExxonMobil’s facility in Baytown.| Energy Capital
New York City investment firm Sixth Street has purchased a majority stake in Houston-based Caliche Development Partners, which focuses on buying, developing, and operating natural gas and gas storage facilities along carbon sequestration projects.| Energy Capital
ExxonMobil recorded one of its largest second-quarter profits in a decade on surging quarterly production from oil and gas fields in Guyana and the Permian basin in the U.S., as well its $60 billion acquisition of Pioneer Natural Resources.| Energy Capital
