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Reports have indicated that ExxonMobil will invest $11 billion by 2026 in developing a hydrogen production project, with the aim of increasing its clean fuel output. This initiative is part of the company's efforts to strengthen its sustainable energy mix, targeting a 148% increase in hydrogen production and a significant boost in operations while striving to reduce carbon emissions. It is also expected that the number of hydrogen projects will reach 24 by 2030.
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