Verde Clean Fuels Suspends Permian Basin Gas-to-Gasoline Project

Reuters

Feb 07

<a href="https://laohu8.com/S/VGAS">Verde Clean Fuels</a> Suspends Permian Basin Gas-to-Gasoline Project

Verde Clean Fuels Inc. has announced the suspension of development of its Permian Basin project, which aimed to build a natural gas-to-gasoline plant using Verde's STG+® technology and natural gas from Diamondback Energy's operations. The decision was made primarily due to changing market conditions and increased demand for natural gas in the Permian Basin. The company completed a front-end engineering and design study in December 2025 and expressed gratitude to Diamondback Energy for their collaboration. Verde Clean Fuels plans to focus on other opportunities in regions where natural gas is stranded or flared.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verde Clean Fuels Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-006085), on February 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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