Small Cobalt Nanoparticles Favor Reverse Water‐Gas Shift Reaction Over Methanation Under CO2 Hydrogenation Conditions**

Abstract Cobalt‐based catalysts are well‐known to convert syngas into a variety of Fischer–Tropsch (FTS) products depending on the various reaction parameters, in particular particle size. In contrast, the reactivity of these particles has been much less investigated in the context of CO 2 hydrogenation. In that context, Surface organometallic chemistry (SOMC) was employed to synthesize highly dispersed cobalt nanoparticles (Co‐NPs) with particle sizes ranging from 1.6 to 3.0 nm. These SOMC‐derived Co‐NPs display significantly different catalytic performances under CO 2 hydrogenation conditions: while the smallest cobalt nanoparticles (1.6 nm) catalyze mainly the reverse water‐gas shift (rWGS) reaction, the larger nanoparticles (2.1–3.0 nm) favor the expected methanation activity. Operando X‐ray absorption spectroscopy shows that the smaller cobalt particles are fully oxidized under CO 2 hydrogenation conditions, while the larger ones remain mostly metallic, paralleling the observed difference of catalytic performances. This fundamental shift of selectivity, away from methanation to reverse water‐gas shift for the smaller nanoparticles is noteworthy and correlates with the formation of CoO under CO 2 hydrogenation conditions.