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Our gasoline makes it possible for everyday drivers to reduce their carbon footprint.
Our Technology
While some technologies produce fuel that requires further refining, our proprietary STG+® system produces gasoline or methanol as an end product. Our solution is modular and scalable, enabling us to strategically deploy facilities in areas with abundant and low-cost feedstock.
We have developed two different pathways to gasoline production, each with the goal of reducing carbon emissions as the world moves towards net zero.
Learn more about these pathways below.
Natural gas-to-gasoline
By using natural gas as the feedstock, Verde’s technology mitigates harmful flaring in oil-producing regions. Instead, it enables producers to use their natural gas to create valuable commodity-grade RBOB gasoline, i.e, the same gasoline we use in our cars but 30% less carbon-intensive.
Our technology generates in-basin demand for natural gas, alleviating pipeline and takeaway constraints, while also reducing flaring and its harmful greenhouse gas emissions.
This enables oil and gas companies to transform this underutilized energy stream into a marketable product, providing a higher-value pathway for monetization of associated natural gas and ultimately reducing carbon emissions.
Verde has a joint development agreement with Cottonmouth Ventures, a subsidiary of Diamondback Energy (NASDAQ: FANG), to build a natural gas-to-gasoline facility in Martin County, Texas.
This facility in the Permian, expected to be operational in 2027, will produce approximately 3,000 barrels per day of fully refined gasoline and mitigate flaring by consuming 34 million cubic feet of natural gas per day.
Verde's modular plant will set a new benchmark for natural gas-to-gasoline production, serving as a scalable model for future facilities across the Permian Basin and beyond.
Biomass-to-gasoline
Verde produces renewable, low-carbon gasoline from biomass, such as agricultural byproducts.
This is a new, cleaner way to produce the same gasoline that’s currently used in internal combustion engine (ICE) vehicles and leverages existing refueling infrastructure.
When gasoline is produced from gasified biomass, Verde puts more carbon in the ground than carbon is released when the gasoline is consumed, resulting in carbon-negative gasoline.
Verde’s renewable gasoline in a traditional internal combustion engine has a lower life cycle carbon intensity than an EV.
About us
Originally founded in 2007 as Primus Green Energy, a number of years have been spent researching and developing our patented STG+® technology. Our demonstration facility has completed over 10,500 hours of demonstration plant operations.
Today, Verde Clean Fuels is leading the introduction of lower-carbon gasoline to the market with the objective of decarbonizing the transportation fuels sector.
Ernest Miller has over 25 years of experience in the commodity-driven energy sector. Ernie previously served as Chief Financial Officer for Rodeo Resources Incorporated, a company that invested in operated and non-operated E&P midstream and mineral interests from North America, South America and West Africa. Prior to joining Rodeo Resources, Ernie served as an Asset Manager and Director of Finance at Calpine Corporation, where he developed and financed over 4,500 MW of industrial cogeneration facilities at six locations representing more than $4.0 billion in capital investment.
Ernie earned a Master of Natural Resources from Texas A&M University and a Bachelor of Science from the University of the South.
John Doyle is a technology and business development executive with over 25 years in the renewable energy space, taking advanced technologies from design development to commercial implementation. As Chief Technology officer he has led VCF’s commercialization program, including demonstration plant validation, commercial plant design, and development of strategic partnerships. Previously, he was the Head of Applied Engineering at BP Biofuels, where he led a cross-functional team to develop the design of large-scale renewable energy facilities. Prior to that, he held positions in project development, project management, and technology licensing at Verenium, Molten Metal Technology and GE Environmental Systems. John began his career as an officer in the US Navy’s nuclear submarine program.
John received his B.S. in Mechanical Engineering from Cornell University and his MBA from the University of Virginia.
Rohn Crabtree has more than 30 years of experience in the renewable and clean energy industries. As founder and president of Newport Energy Holdings LLC, a financial and strategic management consulting firm, Rohn has led, served on the boards of, and advised, both public and private early-stage and start-up energy companies. He has experience working with nearly every form of renewable energy technology, including waste-to-value, biomass, solar, wind, geothermal, and hydro, as well as with many firms in the industrial and retail products industries. As Senior Vice President of Finance for the Calpine Corporation, Rohn led the project financing for more than thirty natural gas-fired power plants, securing more than $4 billion in non-recourse project debt, and twice earning the Project Finance Deal of the Year awards for Calpine’s innovative construction revolver financings. While at Calpine, Rohn also led the creation and initial public offering of the Calpine Power Income Fund in Canada and served as its first CEO. Prior to Calpine, he served as Director of Finance for Luz Development and Finance Corporation, for many years, the world’s leading solar power plant development company.
Rohn earned his MBA in finance and international management from the University of Pennsylvania Wharton School of Business and Bachelor of Science degrees in finance and accounting from Weber State University.
Laura Morris is an energy industry professional with 15 years of capital projects and contracting experience. Laura serves as Senior Project Manager, developing and executing FEED/EPC strategies for VCF facilities. Previously Laura was at ExxonMobil, where she held roles supporting upstream and downstream major capital projects and production operations, including a multibillion-dollar offshore production project. She also held leadership roles in the procurement organization, and has participated in a number of special projects regarding process efficiency, ERP systems, and business restructuring.
Laura holds a degree in Industrial Engineering from Texas A&M University.
George Burdette has more than 15 years of financial, commercial, corporate development, and investment management experience. During his career, George has executed over $8 billion of M&A transactions and financings. George served as CFO of Arbor Renewable Gas, a private equity owned renewable fuels platform. Prior to Arbor, George served as CFO of Itafos, a publicly traded, global phosphate fertilizer producer (TSX-V: IFOS). Prior to Itafos, George was head of project finance at First Solar (NASDAQ: FSLR), where he was responsible for project finance and commercial initiatives in the US, Latin America, and South Africa. Prior to First Solar, George held various finance, corporate development, and investment management roles in energy infrastructure and private equity. George received a Bachelor of Arts in International Business and French from Wofford College and an International Master of Business Administration from the University of South Carolina.
Discover more about our natural gas-to-gasoline or biomass-to-gasoline solutions.
