An oxidation catalyst composite, methods, and systems for the treatment of exhaust gas emissions from a diesel engine are described. More particularly, described is an oxidation catalyst composite including a first oxidation component comprising a first refractory metal oxide support, palladium (Pd) and platinum (Pt); a NOx storage component comprising one or more of alumina, silica, titania, ceria, or manganese; and a second oxidation component comprising a second refractory metal oxide, a zeolite, and Pt. The oxidation catalyst composite is sulfur tolerant, adsorbs NOx and thermally releases the stored NOx at temperature less than 350° C.