Exxon Mobil has signed a significant agreement with Japanese trading house Marubeni to supply 250,000 metric tons of low-carbon ammonia annually from its planned hydrogen facility in Baytown, Texas. This marks a key milestone in Exxon's endeavor to construct the world's largest low-carbon hydrogen facility at its Baytown complex, despite facing delays. The use of ammonia as a carrier for hydrogen enables its shipment in liquid form, ensuring efficient transportation. By capturing and storing carbon dioxide from hydrogen production underground, Exxon aims to enhance its environmental sustainability. The positive sentiment is reflected in the statement by Barry Engle, Exxon's president of low carbon solutions, emphasizing the progress of this project. The customer agreement is contingent on Exxon's final investment decision, anticipated within the year, subject to favorable government policies and regulatory approvals. Marubeni's equity stake in the Baytown facility signifies a strategic partnership between the companies, paving the way for advancements in clean energy technology.