Key Takeaways ExxonMobil's Baytown project lost a $332 million grant from the U.S. DoE, amid federal funding rollbacks. The Trump administration is scaling back Biden-era clean energy awards totaling more than$3.7 billion. DoE says green energy projects, including XOM's, lacked proper financial review under Biden's administration.ExxonMobil Corporation (XOM) , the U.S. energy supermajor, recently hit a setback in advancing its low-carbon energy solutions following the U.S. Department of Energy’s (DoE) de ...