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Exxon Mobil CorpReuters
•76% Informative
Abu Dhabi National Oil Company will acquire a 35% equity stake in Exxon Mobil Corp's proposed low-carbon hydrogen project in Texas .
ADNOC 's investment shows a sign of confidence in a multi-billion dollar project that Exxon has threatened to cancel if the U.S. government restricts tax credits for it.
The project would be powered by natural gas, with associated CO2 captured and buried underground.
VR Score
85
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91
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44
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English
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