Private Equity
Private Equity , Investment , Health, Safety & Environment
Vanguard, BlackRock Add New Climate-focused ETFs as Demand Soars
Top asset managers Vanguard Group Inc. and BlackRock Inc. on Sept. 24 introduced new exchange-traded funds that exclude oil companies, coal producers and other industries that a growing number of investors want to avoid.
Private Equity , Investment , Digital Oilfield
Quantum Energy Partners, Global Reserve Group Lead Financing Round of Datagration
“PetroVisor has already delivered game-changing financial results for many E&P companies and is ready to scale globally,” Datagration Executive Chairman Peter Bernard said in a statement.
Private Equity , Investment , Acquisitions & Divestitures
Momentum Minerals Closes Third Funding Round from Apollo
The capital raise marks the latest equity commitment in Momentum Minerals management’s long-standing relationship with Apollo Global Management and its affiliates that started in 2013.
Private Equity , People , Renewables , Technology
Quantum Energy Partners Hires Sebastian Gass to Lead Firm’s Digital Transformation
Sebastian T. Gass previously worked at Chevron for 13 years where he led the oil major’s digital transformation as its general manager for technology and strategy.
Public Capital , Private Equity , Emissions , Technology , Acquisitions & Divestitures
Baker Hughes Continues to Shed Oilfield Assets with SPC Flow Unit Sale
The sale follows comments CEO Lorenzo Simonelli made recently about downsizing Baker Hughes’ oilfield services and equipment portfolio in preparation for the energy industry’s transition to a low-carbon future.
Restructurings , Private Equity , Shale Plays
Houston-based Bruin E&P Emerges from Bankruptcy with $230 Million Revolver
Bruin E&P Partners also emerged from Chapter 11 bankruptcy with a newly constituted board of directors comprised of Kevin Asarnow, Mark Bisso, Richard J. Doleshek and Mike Wichterich as well as Bruin CEO Matt Steele.
Private Equity , Exploration & Production , Acquisitions & Divestitures
AVAD II Launches with Backing from Pearl Energy Investments, NGP
Dallas-based AVAD Energy Partners II said it will pursue an acquire-and-exploit strategy focused on creating value through “operational excellence with an agnostic view to commodity type or basin.”
Private Equity , Investment
Energy Private Equity Valuation in a COVID-19 World
As private equity fund managers assess the economic impact of COVID-19, developing reliable valuation processes and procedures for their oil and gas investments will ensure transparency to regulators and investors.
Public Capital , Private Equity , Investment , Shale Plays , Trends
Oil and Gas Financing: Back to the Bootstraps
Investors can be lured back to oil and gas, but free cash flow has to be returned to shareholders and not sunk back into the ground, say panelists during Summer NAPE.
Private Equity , Shale Plays , Acquisitions & Divestitures
Posse Resources Buys Haynesville Portfolio of Live Oak’s Inaugural Fund
The transaction included roughly 4,800 net royalty acres (normalized to 1/8 royalty) located in North Louisiana, with production across the Haynesville Shale, Bossier Shale and Cotton Valley formations.