“and we're confident that we have what we need to generate the returns that it's going to be required to justify the investments we'll move forward. Hopefully, that's later this year.”

In context

“t we produce. I think we've got a good project in hand that we think is very competitive and that will drive very competitive returns and certainly have a -- has a good place in our portfolio. I think the policy that's in place is -- this is certainly -- there's some debate today with the Trump administration. Our expectation is, while some of that policy may change, it will be done in a very thoughtful way and our expectation is the things that we need to drive low carbon hydrogen will probably stay in place, but we have to see that manifested. And the third piece that we're working on is the sales commitments and having the offtake agreements, I'd say right now, that's probably the long pole in the tent with respect to driving this. And so when that -- when those 2 things come together, and we're confident that we have what we need to generate the returns that it's going to be required to justify the investments we'll move forward. Hopefully, that's later this year. But as we've been saying all along, it's very much a function of locking those things down, so we're confident that we'll generate the returns on those investments. Operator: The next question is from John Royall of JPMorgan. John Royall: Hi, good morning. Thanks for taking my question. So my question is on Pioneer. You're hitting the 1-year anniversary of closing the transaction. I was just hoping for an update on how you're tracking in the various buckets of synergies today. And particularly on the production side, the improved recoveries you've talked about, I know it was a little longer dated, but just any commentary on how those efforts are tracking. Darren Woods: Yes, sure. Thank you John. Appreciate the question and good morning. I would tell you across all the areas where we saw o”