Texas
Exxon, Abu Dhabi's ADNOC to partner in delayed Texas hydrogen project
By Sabrina Valle
HOUSTON (Reuters) – Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp’s proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up delay until 2029.
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. A final investment decision has been pushed into 2025, from 2024.
Exxon and ADNOC declined to disclose the value of the transaction.
“This is a very significant investment and the partners it is attracting give a sense for the momentum that’s building around this project,” Exxon President of Low Carbon Solutions Dan Ammann told Reuters.
TAX INCENTIVES
Exxon in 2022 disclosed plans to build the world’s largest low-carbon hydrogen facility at its refining site at Baytown, Texas. Hydrogen is a fuel that produces water when burnt.
The project would be powered by natural gas, with associated CO2 captured and buried underground. It was announced on the back of clean energy tax incentives proposed by the administration of U.S. President Joe Biden.
But the government limited incentives for natural gas-run facilities. Exxon CEO Darren Woods earlier this year said the project could be canceled without similar tax credits offered to hydrogen facilities powered by renewable fuels.
AMMONIA BOOST
The project’s estimated production has been revised since its initial announcement. It was initially set to produce 1 million tons of hydrogen annually.
Now, the goal is to produce 900,000 tons of low-carbon hydrogen and over 1 million tons of low-carbon ammonia, a well-established industrial product commonly used as fertilizer.
Ammonia, which has three atoms of hydrogen in its composition, is also used as a carrier for hydrogen, allowing it to be exported by ship in a liquid form.
Exxon earlier this year signed an agreement with JERA, Japan’s top power generator, to explore selling about 500,000 tonnes annually of low-carbon ammonia.
“The timing (for the hydrogen project) depends on supply, demand and supporting regulation coming together in sync,” said Ammann.
(Reporting by Sabrina Valle; Editing by Sherry Jacob-Phillips)
Texas
Opal Lee’s granddaughter advocates for “Grandmother of Juneteenth” to be included in Texas curriculum
The granddaughter of Dr. Opal Lee, famously known as the “Grandmother of Juneteenth” was in Austin Tuesday to advocate for the inclusion her grandmother in Texas’ Juneteenth curriculum.
Dr. Lee is nearly 100 years old and lives in Fort Worth. She received the Presidential Medal of Freedom in 2024 and was by President Biden’s side when he made Juneteenth a federal holiday in 2021.
“I want to petition for her to be a required person to study Juneteenth,” said granddaughter Dione Sims. “People that have to do with freedom, liberty, and unity; she’s the embodiment of that. Helping to get Juneteenth as a national holiday, I think deserves to be mentioned.”
Sims testified in front of the State Board of Education Tuesday night. A final decision is expected in June.
Lee, born in 1926, played a crucial role in making Juneteenth a federal holiday. The North Texas icon walked two and a half miles every Juneteenth to symbolize the two and a half years it took for enslaved people in Texas to learn they were free, after the Emancipation Proclamation. In 2016, she walked from Fort Worth to Washington, D.C., to raise awareness.
She didn’t participate in the 2025 walk after being hospitalized.
Lee has also been honored with a Barbie doll that celebrates her advocacy as part of its Inspiring Women collection.
Sims previously discussed expanding Lee’s walk across all 50 states, preserving her grandmother’s legacy with a walk in one city in each state.
Texas
North Texas Iranian Americans fear for families amid Trump’s threats against Iran
Tensions are rising between the United States and Iran, as a deadline from President Donald Trump fuels concerns about potential military action.
Just hours before President Trump’s deadline for Iran to accept a deal or face military consequences, Iranian Americans in North Texas feared for their relatives on the ground, saying the focus should stay on the people of Iran.
“We’re in a wartime, so everyone’s worried and following the news,” said Homeira Hesami, the chairwoman for the Iranian American Community of North Texas. “The internet’s still being down, you know, we don’t have a very secure way to communicate with our family and friends back home, so sometimes, you know, they may be able to call out, but it’s very patchy.”
Tuesday, Mr. Trump posted on Truth Social that “a whole civilization will die tonight” if Iran does not open the Strait of Hormuz, following similar threats he made on Easter Sunday. TCU Political Science Professor Ralph Carter offered this perspective on the potential loss of life.
“In the worst-case scenario, President Trump carries out massive attacks against civilian targets, killing thousands or even millions of people, then I think Congress has to act,” said Carter.
Carter added that targeting an entire civilization could amount to a war crime and raises serious questions about Mr. Trump’s legal authority. He said this also shakes up the U.S.’s relationships with its allies.
“I do think that Iran will survive, whatever happens,” Carter said. “I think the Iranian people will be united in a rally around the flag phenomenon to defend their homeland against an aggressor, and I think, again, this is one of those things where a weaker power outlasts a stronger power, because the stronger power gets tired of the price they have to pay to try to get a victory.”
Hesami believes change in Iran must come from the Iranian people, not through foreign intervention.
“War has proven that sometimes it is not the solution, and the solution is relying on the Iranian people and their organized resistance,” she said.
Less than two hours before his deadline for Iran to either cut a deal with the U.S. or face massive strikes on its power plants, Mr. Trump said he agreed to a “double sided CEASEFIRE” with Iran.
“I agree to suspend the bombing and attack of Iran for a period of two weeks,” the president wrote on Truth Social.
He said the ceasefire, which he agreed to at Pakistan’s request, was “subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.”
Texas
Gov. DeSantis to join Texas governor for Texas Stock Exchange event in Miami
Florida Gov. Ron DeSantis will be joining Texas Gov. Greg Abbot at the Perez Art Museum in Miami on Tuesday for an event promoting economic growth.
The event is being organized by the Texas Stock Exchange, and several business and policy leaders will be in attendance.
The event starts at 11 a.m.
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