General InformationExxonMobil Low Carbon Solutions is a business unit of the publicly traded ExxonMobil Corporation (headquartered in Texas) established in 2021 to commercialize carbon capture and low-carbon energy technologies, operating as part of a company with over 1,000 employees globally.
Funding & FinancialsAs a division of ExxonMobil (Public, market cap $400+ billion), the unit is backed by the parent company's substantial capital allocation; ExxonMobil committed $10 billion through 2027 to develop low-carbon solutions.
Leadership & TeamLed by Vijay Swarup as Vice President of Research and Development, and operating under ExxonMobil's broader corporate leadership including CEO Darren Woods.
Recent ActivityRecent developments include advancing large-scale CCUS projects, partnerships for hydrogen production, and pursuing carbon management solutions for industrial applications across North America and internationally.