The Latest

SPAC Attack: Clean Energy, Oil & Gas Cashed In on Pandemic-Era Frenzy

The pandemic’s wild SPAC boom helped launch several new public companies in the energy space. But federal intervention and souring investor appetites brought the historic boom back down to earth.

Private Equity Ownership in E&Ps Slips, Reducing Overhang: Truist

A Truist Securities study finds more diversity in private equity ownership of E&Ps and predicts more of them will keep their ownership for the longer term.

‘Free Cash Flow Utopias’ Offset E&Ps Hurdles to Accessing Capital

High FCFs allow companies to fund their own projects, return capital to investors and pay off debt without having to delve into high-interest debt.

NGP’s Latest Fund to Stick with Existing Teams, Add Few Newcomers

NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.

Blackstone Closes $7.1 Billion Energy Transition Private Credit Fund

The New York credit-focused asset management firm said there may by $100 billion in energy transition opportunities throughout its portfolio.

Tailwater Capital Partners with Ash Creek Renewables

Details about the partnership between Tailwater Capital and Ash Creek Renewables, a provider of renewable fuel feedstocks, were not disclosed.

Pearl Energy Backs Voyager Midstream's M&A Aspirations

Voyager Midstream Holdings secured an initial capital commitment from Pearl Energy Investments for the acquisition and development of midstream infrastructure in North America.

A&D Minute: Companies Shore Up Assets, Streamline Operations [WATCH]

In this week's A&D Minute, companies merge, shore up their balance sheet and shift away from fossil fuels. 

Alta Mar Closing Equity Commitment from Carnelian

Alta Mar Energy LLC plans to use investment funds managed by Carnelian Energy Capital Management LP to build an exploration, development and production portfolio in the GoM.

Private Equity Touts E&P Investments, Acknowledges Fundraising Woes

ESG pressures and declining returns in the past have hindered plans by private equity firms such as Quantum Energy Partners to raise billions of dollars.