Verde Clean Fuels Suspends Permian Basin Project Development Due to Market Changes
NATURAL GAS
Verde Clean Fuels, Inc. has suspended the development of its Permian Basin project, citing shifting market conditions and rising demand for natural gas. The company, which entered a joint development agreement with Cottonmouth Ventures, LLC in February 2024 to establish a natural gas-to-gasoline plant using its STG+ technology, completed a FEED study in December 2025. Verde will now redirect resources to other opportunities involving stranded natural gas.

Feb 7, 2026, 8:35 PM