Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 176)
176.
Which company is partnering with ADNOC to build the world's largest low-carbon hydrogen facility in Baytown, Texas?
Answer: Option
Explanation:
ADNOC and ExxonMobil are collaborating to build a low-carbon hydrogen facility, which will be the largest in the world. The facility will utilize natural gas to produce low-carbon hydrogen, significantly reducing CO2 emissions. ADNOC holds a 35% equity stake in the project, with operations expected to commence in 2029. This partnership demonstrates a commitment to developing sustainable energy solutions and reducing carbon footprint.
Discussion:
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