BRIEF-ADNOC To Acquire 35% Stake In ExxonMobil's Proposed Production Facility In Baytown, Texas-March 2024-www.financetom.com

BRIEF-ADNOC To Acquire 35% Stake In ExxonMobil's Proposed Production Facility In Baytown, Texas

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-ADNOC To Acquire 35% Stake In ExxonMobil's Proposed Production Facility In Baytown, Texas

Sep 6, 2024 12:13 PM

Sept 4 (Reuters) - ADNOC:

* KHALED BIN MOHAMED BIN ZAYED WITNESSES SIGNING CEREMONY

FOR

ADNOC AND EXXONMOBIL PARTNERING IN WORLD'S LARGEST LOW-CARBON

HYDROGEN FACILITY

* ADNOC: WILL ACQUIRE 35% EQUITY STAKE IN EXXON MOBIL

PROPOSED

LOW-CARBON HYDROGEN AND AMMONIA PRODUCTION FACILITY IN BAYTOWN,

TEXAS

* ADNOC: FINAL INVESTMENT DECISION EXPECTED IN 2025 WITH

ANTICIPATED STARTUP IN 2029

Source text for Eikon:

Previous page： PayPal Plans to Invest $100 Million in Middle East and Africa to Boost Digital Economy Next page： UK police arrest man over cyber attack that affected European airports

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

PayPal Plans to Invest $100 Million in Middle East and Africa to Boost Digital Economy

Sep 24, 2025

06:53 AM EDT, 09/24/2025 (MT Newswires) -- PayPal ( PYPL ) said Wednesday it plans to invest $100 million throughout the Middle East and Africa over the coming years to accelerate digital commerce growth in the region. The investment will include minority investments, acquisitions, PayPal Ventures funding, and technology and people deployments, the company said. The plan follows the launch...

UK police arrest man over cyber attack that affected European airports

Sep 24, 2025

LONDON, Sept 24 (Reuters) - British police said on Wednesday a man had been arrested as part of an investigation into a cyber attack last week that hit Collins Aerospace, which provides check-in systems at airports, causing major disruption across Europe. The National Crime Agency said in a statement that the man, in his 40s, was arrested on Tuesday on...

Market Chatter: Ford Offers Lower Financing Rates to Higher-Risk Borrowers on F-150 Pickups

Sep 24, 2025

06:51 AM EDT, 09/24/2025 (MT Newswires) -- Ford Motor ( F ) is offering lower interest rates to buyers with weak credit histories to sell more of its F-150 pickup trucks, the Wall Street Journal reported Tuesday. Ford wanted to give shoppers with credit ratings that may not be perfect the opportunity to have the best rates available, the newspaper...

Lithium Americas soars on report Trump administration seeking equity stake

Sep 24, 2025

(Reuters) -U.S.-listed shares of Lithium Americas surged more than 70% in premarket trading on Wednesday after a report said the Trump administration was seeking an equity stake of up to 10% in the miner, the latest sign of involvement in industries the government sees as critical to national security. Reuters reported late on Tuesday, citing two people familiar with the...