Oil & Gas

The scramble to address oil transit bottlenecks and the PE opportunity it presents.

A wave of deals hit amid concerns over oil supply security.

A potential $5.5B deal for the energy infrastructure operator is set against robust growth in global LNG demand, which nearly doubled from 2010 to 2025.

The Q1 2026 Launch Report: Oil & Gas provides in-depth analysis of industry trends and evolving PE investment strategies, including deals data and maps of key PE-backed companies and investors.

The leveraged loan, direct lending and high-yield bond markets are at risk of wider credit spreads.

This analyst note assesses how the Iran conflict could disrupt oil & gas supply and spur renewed energy investment, with outcomes hinging on Hormuz access, OPEC capacity, and infrastructure damage.

Iranian oil disruption could impact 3.5% of global supply. We examine risks to the Strait of Hormuz, US producer strategies, and PE investment opportunities in Iran’s energy sector if sanctions ease.

Stability could free up energy assets for buyout shops to acquire over the long term, in and outside of Venezuela

PE deal value and count in oil and gas is falling sharply, but large-cap deals are still happening

Oil and gas corporations have more spare cash than ever to throw at commercially untested early-stage climate technologies.

The market’s defiance of macroeconomic and geopolitical headwinds has drawn overseas investors

Real assets fund performance beat other private capital strategies for the fourth quarter running.

ExxonMobil’s plan to acquire Pioneer Natural Resources for $59.5 billion sets up the biggest corporate M&A deal in 2023. It could also encourage further dealmaking in the upstream oil and gas sector.

More than 20% of the VC climate tech deals closed in 2022 had participation from big oil and gas players like Shell, BP and Saudi Aramco.

Funds invested in real assets like infrastructure and oil and gas showed record performance through Q1 2022.

Through March 18, U.S West Texas Intermediate crude was up 39% in 2022. The market value of loans backing companies in the Oil & Gas sector, by contrast, had lost 1.16%.

KKR and Pembina Pipeline have agreed to merge their western Canadian natural gas processing assets to create a natural gas processing heavyweight.

IT investments are more prominent in US private equity than ever before, plus four other significant trends from the year that was.