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April 20, 2020
On Monday, May oil futures began trading below zero for the first time in history. Small producers face the greatest risk of bankruptcy, and many of them are backed by private equity.
March 18, 2020
As oil prices collapse amid the coronavirus pandemic and a price war with OPEC, private equity energy investors are racing to figure out how to survive and even profit.
October 10, 2019
The developer of a contractor hiring platform for the energy industry has raised a $300 million Series D led by Andreessen Horowitz.
September 13, 2019
When Eversmart Energy went bust earlier this month, leaving thousands without a supplier, it was reportedly the sixth UK power company to get snuffed out so far this year—with more businesses in the sector predicted to fail in the coming months.
July 3, 2019
Some of the fortunes created by the original Texas oil boom are still around today—and have become intertwined with the world of PE.
April 30, 2019
Global energy demand is rising alongside CO2 emissions. To meet requirements while preserving the environment requires a transformation of the energy landscape. Enter Innogy Innovation Hub.
April 29, 2019
The $30 billion-plus battle for Anadarko Petroleum has pushed energy M&A to the forefront of the dealmaking landscape. For the US energy industry's interactions with PE, it's been a much quieter year.
A hostile takeover attempt for Anadarko could set up a bidding war between rival oil producers Occidental Petroleum and Chevron. The development continues what has been a wild week in M&A.
January 2, 2019
In the first edition of our "Next big thing" series, we take a look at the evolving commodities space and the emergence of oiltech and, to a wider extent, commoditech.
September 5, 2018
Transocean has agreed to acquire Ocean Rig UDW for $2.7 billion, including debt, in a deal comprising 1.61 shares of Transocean and $12.75 in cash for each share of Ocean Rig. The deal will create...
August 31, 2018
Energy-focused investor Riverstone has told LPs it could raise $5 billion for the firm's seventh flagship fund, according to Reuters. Riverstone raised a reported $5.1 billion for its previous...
August 27, 2018
Canadian oil & gas pipeline operator Enbridge has agreed to acquire the rest of Spectra Energy Partners that it doesn't already own for $3.3 billion. Shareholders in SEP, a master limited...
Lariat Partners portfolio company Offen Petroleum has agreed to buy the assets of Overland Petroleum, uniting two fuel distributors operating in the Rocky Mountain region of the US. Lariat has...
August 24, 2018
Regulators in Brazil have cleared the $82 billion combination of industrial gases giants Praxair and Linde provided that the latter divest its entire business in the country. The approval followed...
Brookfield Business Partners, Macquarie Capital and other co-investors have agreed to sell Quadrant Energy to fellow oil & gas production company Santos for $2.15 billion. Quadrant claims to be the...
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