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flag Exxon and JERA sign accord for Exxon to supply low-carbon hydrogen fuel to JERA, with JERA considering an annual purchase of 500,000 tons of ammonia.

flag JERA and Exxon Mobil Corp. have signed an accord for Exxon to sell low-carbon hydrogen fuel to Japan's largest power provider, with JERA considering purchasing 500,000 tons of ammonia annually from Exxon's proposed low-carbon hydrogen project in Baytown, Texas. flag Exxon is pressing the case for hydrogen produced from natural gas to receive US tax credits under the Inflation Reduction Act. flag The non-binding agreement demonstrates significant demand for low-carbon hydrogen and ammonia.

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