Houston American Energy

What Houston American Energy does

Houston American Energy (now Abundia Global Impact Group, Inc., NYSE American: AGIG) was an independent oil and gas exploration and production company founded in 2001, with legacy operations in Texas, Louisiana, and Colombia. Following its July 2025 acquisition of Abundia Global Impact Group LLC, the company executed a strategic pivot to sustainable fuels and waste-to-value technologies, rebranding to Abundia Global Impact Group, Inc. on December 5, 2025.

The company's core technology is commercial-scale fast pyrolysis for converting waste plastics and certified biomass into drop-in fuels and low-carbon chemical feedstocks, with a stated 68.4% depolymerization efficiency in the plastics-to-fuel pathway. Product offerings include sustainable aviation fuel (SAF) developed under a binding agreement with BTG Bioliquids (announced October 21, 2025), biomass-to-liquid (BtL) fuels, and specification-grade drop-in fuels designed to be compatible with existing refining and chemical infrastructure. The 25-acre Cedar Port Renewable Energy Complex in Baytown, Texas anchors a modular, multi-plant development strategy; Phase One (Abundia Innovation Center and R&D Facility) is under construction by Corvus Construction Company under a design-build agreement, targeting Q2-2026 completion.

The company targets two enterprise segments: traditional oil and gas buyers in the US and Colombia (legacy business) and sustainable fuels/low-carbon energy buyers including aviation fuel procurers and corporate sustainability programs. Revenue mechanics are not publicly disclosed. The company has financed operations primarily through repeated registered direct equity offerings to institutional investors — approximately $2.5M (Nov 2024), $4.42M (Jan 2025), $2.37M (Jun 2025), and $8M (Nov 2025) — plus a debt restructuring with Bower Family Holdings in November 2025. With 1-10 employees and the anchor facility still under construction, the company is in a pre-commercial or very early commercial phase.

Name

Houston American Energy

Legal name

Abundia Global Impact Group, Inc.

Website

https://houstonamerican.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Houston American Energy (rebranded Abundia Global Impact Group, NYSE American: AGIG) is a publicly traded energy company that has pivoted from oil and gas E&P to waste-to-fuels technology, using fast pyrolysis to convert waste plastics and biomass into drop-in sustainable aviation fuel and low-carbon chemical feedstocks for enterprise buyers.

Ownership category

akta.pro rank

Product category

Renewable Fuels Production

NAICS

Petroleum Refineries (32411), Petroleum and Coal Products Manufacturing (3241)

SIC

Petroleum Refining (2911), Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

E-fuels Storage & Blending (E-diesel, E-kerosene/SAF, E-gasoline) (EUAFAFAC)

akta.pro secondary industry

Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD)

Keywords

• Waste plastic conversion
• Sustainable aviation fuel
• Pyrolysis technology
• Biomass-to-liquid fuels
• Renewable diesel production

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Oil and Gas Exploration and Production: Traditional oil and gas exploration and production operations in the United States and Colombia, including properties in Texas, Louisiana, and Colombia.
2. Sustainable Aviation Fuel and Renewable Fuels: Production and sale of sustainable aviation fuel (SAF) and other renewable fuels from waste plastics and biomass through the Cedar Port Renewable Energy Complex.
3. Plastic Recycling Facility Revenue: Revenue from advanced plastics recycling facility operations as part of Phase Two development at Cedar Port.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Houston American Energy (transitioning to Abundia Global Impact Group, Inc.) is a small public company pivoting from oil and gas exploration and production into sustainable fuel manufacturing. It uses proprietary pyrolysis technology to convert waste plastics and biomass into drop-in renewable fuels, including sustainable aviation fuel (SAF), and operates production infrastructure such as the Cedar Port Renewable Energy Complex in Texas, with additional activities in Colombia.

Product overview

Abundia Global Impact Group Inc. (AGIG) operates as a diversified sustainable energy company that has pivoted from traditional oil and gas exploration to low-carbon energy and waste-to-value solutions. The company's product portfolio centers on commercial-scale pyrolysis technology for converting waste plastics and certified biomass into drop-in fuels and low-carbon chemical feedstocks. The Cedar Port Renewable Energy Complex in Baytown, Texas serves as the anchor development, featuring the Abundia Innovation Center and R&D Facility (Phase One, targeting Q2-2026 completion), advanced plastics recycling facilities, and biomass-to-liquid/sustainable aviation fuel production capabilities developed in partnership with BTG Bioliquids. The company completed its rebranding from Houston American Energy Corp. to Abundia Global Impact Group Inc. on December 5, 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Plastics-to-Fuel Technology Proprietary pyrolysis-based technology that converts waste plastics into renewable fuels and chemical feedstocks, targeting industrial buyers and aviation fuel offtakers.
• Sustainable Aviation Fuel (SAF) Drop-in aviation fuel produced from waste plastics and biomass, supplied to airlines and aviation fuel distributors to support decarbonization mandates.
• Biomass-to-Liquid Fuels Renewable liquid fuels produced from biomass feedstocks through thermal conversion processes, supplied as drop-in alternatives to petroleum fuels.
• Drop-In Renewable Fuels Renewable fuels designed as direct replacements for conventional petroleum-based fuels, compatible with existing fuel infrastructure for industrial and transportation buyers.
• Cedar Port Renewable Energy Complex Large-scale renewable fuel production facility located at Cedar Port, Texas, serving as the anchor site for the company's waste-to-fuel operations.

Quantifiable outcome

• Global plastics-to-fuel market projected to grow from USD 668.1 million in 2025 to USD 863.5 million by 2035 at CAGR of 2.6%
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Corvus Construction CompanycoreImplementation/ SI/ Consulting Partner · 29 October 2025Corvus Construction Company is delivering Phase One of the Cedar Port development under a design-build agreement. The project includes the Abundia Innovation Center and Research and Development Facility with completion targeted for Q2-2026.
• BTG BioliquidscoreTechnology or Integration · 21 October 2025Houston American Energy and its subsidiary Abundia Global Impact Group entered a binding agreement with BTG Bioliquids to develop biomass-to-liquid and sustainable aviation fuel projects using fast pyrolysis technology at their Cedar Port site in Texas. This partnership advances the company's sustainable aviation fuel capabilities.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Fulcrum BioEnergy: U.S. waste-to-fuels company developing facilities that convert municipal solid waste into syncrude for refining into transportation fuels, including SAF. Closely comparable to AGIG in waste-to-fuels feedstock strategy and drop-in fuel output, though Fulcrum is backed by major oil-and-gas strategic investors.
• Aemetis: Public renewable fuels company producing SAF and renewable diesel from low-carbon feedstocks. Comparable as a publicly listed SAF producer targeting aviation fuel buyers and corporate sustainability mandates — a direct competitive peer in the same end-market.
• Velocys: SAF technology and project developer using Fischer-Tropsch conversion of waste feedstocks into synthetic aviation fuel. Comparable in targeting SAF offtake agreements with airlines and producing drop-in specification-grade fuels from waste/biomass.
• LanzaTech: Public carbon recycling company using gas fermentation to convert waste gases into ethanol and SAF feedstocks. Comparable in converting waste streams to fuels/chemicals and partnering with major energy and aviation buyers.
• Plastic Energy: Plastic-to-fuel pyrolysis company operating commercial plants that convert end-of-life plastics into hydrocarbon oils used as refinery feedstock. Closely comparable to AGIG in using thermal depolymerization to produce drop-in fuels for refining infrastructure.
• Agilyx: Plastics-to-crude-oil pyrolysis technology company that converts mixed waste plastics into synthetic crude for refining. Comparable feedstock (waste plastics), output (drop-in hydrocarbon intermediates), and integration with refining infrastructure.

Emerging players

• GreenMantra Technologies: Plastics-to-specialty-chemicals company using proprietary catalysis and pyrolysis to convert waste plastics into waxes and specialty chemicals. Comparable in feedstock-to-chemical conversion technology, though focused on chemicals rather than transportation fuels.

Others

• BTG Bioliquids: Dutch fast-pyrolysis technology licensor for biomass-to-liquid fuels. Directly comparable as AGIG's binding technology partner for SAF production at Cedar Port, and an ecosystem peer in fast-pyrolysis-based BtL/SAF pathway licensing.

Broad incumbents

• Neste: Global renewable fuels leader producing SAF, renewable diesel, and renewable feedstocks at industrial scale. Comparable end-market (SAF for aviation, drop-in renewable fuels) but operates at vastly larger scale with established global offtake contracts.
• Renewable Energy Group (now Diamond Green Diesel / Chevron joint venture): Large-scale renewable diesel and SAF producer backed by Chevron. Comparable in renewable drop-in fuel production for transportation markets, though operating as part of a much larger incumbent energy company's portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/houston-american-energy-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Houston American Energy