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ExxonMobil
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Oil & gas company managing portfolio of resources including energy, chemicals, and fuels

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Company type Public Public (XOM)
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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Irving, TX Irving, United States
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  • 1 M&A items
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Date Company
02/28/2025

Trammo Trammo

Trammo to offtake over 300,000 tons per year of CCS-based ammonia from ExxonMobil's planned facility in Baytown, Texas.

Confirmed by Trammo

Partnerships
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Date Partner Type
12/19/2023
FuelCell Energy FuelCell Energy
Pilot plant jointly developed with ExxonMobil to capture carbon
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Confirmed by FuelCell Energy
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IPO INFORMATION

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XOM

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Description

Date Investors Type Amount
03/25/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding will be used for the Baytown Olefins Plant Carbon Reduction Project, led by ExxonMobil, to enable the use of hydrogen in place of natural gas across high heat-fired equipment using new burner technologies for ethylene production in Baytown, Texas.
Grant $331,900,000
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