World’s largest blue hydrogen project at risk as ExxonMobil admits concerns

The US oil major says price compared to grey hydrogen is still a challenge, particularly given the early termination of the 45V tax credit for clean H2

ExxonMobil chief executive Darren Woods.
ExxonMobil chief executive Darren Woods.Photo: REUTERS/SCANPIX
Published 4 August 2025, 11:02Updated 4 August 2025, 11:02
United StatesExxonMobil