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ExxonMobil halts US blue hydrogen project on weak demand

US major ExxonMobil has paused plans to develop a large-scale blue hydrogen production facility in Baytown, Texas, due to insufficient customer demand, Reuters reported on Friday. The company aimed to produce 28.3 mcm (1 bcf) per day of blue hydrogen at its Baytown refining and chemical complex, with captured carbon dioxide stored underground. However, high production costs […]