Blackstone

Vine Energy CEO Says Haynesville Primed for ‘Improving Natural Gas Fundamentals,’ Exports

Vine Energy CEO Says Haynesville Primed for ‘Improving Natural Gas Fundamentals,’ Exports

As U.S. natural gas demand improves, Vine Energy Inc. expects its production in Northwest Louisiana to increasingly be sourced for overseas exports, the company’s CEO said Monday. The Plano, TX-based independent in the spring of 2021 took the company public to secure more investor interest in its 227,000 net acre stronghold in the Haynesville and…

May 19, 2021
Blackstone Sells Stake in Cheniere MLP for $7B

Blackstone Sells Stake in Cheniere MLP for $7B

Blackstone Group Inc. has closed the sale of its 42% stake in Cheniere Energy Inc.’s master limited partnership (MLP) in a transaction valued at $7 billion. The private equity firm sold the units it held in Cheniere Energy Partners LP (CQP) to affiliate Blackstone Infrastructure Partners and Brookfield Infrastructure. The firm first invested $1.5 billion…

September 25, 2020
Blackstone Tries to Make Tallgrass a ‘Take Private’ Offer It Can’t Refuse

Blackstone Tries to Make Tallgrass a ‘Take Private’ Offer It Can’t Refuse

Tallgrass Energy LP (TGE) has received a “take private” proposal from private equity firm Blackstone offering to buy up the master limited partnership’s stock at a premium, management revealed late Tuesday.

August 28, 2019

Texas Drillbit Manufacturer Gains Blackstone as Majority Stakeholder

Blackstone Energy Partners has binding agreements in hand to acquire a majority stake in Ulterra Drilling Technologies, a drillbit manufacturer that works across North America, from affiliates of American Securities LLC.

October 24, 2018

Falcon to Soar in Eagle Ford with Osprey, Royal Combination

Osprey Energy Acquisition Corp. on Monday agreed to acquire private equity-backed Royal Resources’ Eagle Ford Shale assets in a transaction estimated to be worth $894 million.

June 4, 2018

Investors Embrace ETP’s $1.57B Rover Deal, But Project Still Under Scrutiny

Energy Transfer Partners LP’s (ETP) plans to sell a 32.44% stake in its Rover Pipeline to private equity for $1.57 billion met with generally positive reactions from investors Tuesday, but the project still faces uncertainty amid scrutiny from regulators and from Congress.

August 2, 2017

U.S. Energy Sector Secures Billions in Saudi Deals

U.S. oil and natural gas operators inked deals over the weekend with Saudi Arabia that are expected to create billions in revenue as President Trump completed the first leg of a nine-day marathon trip to the Middle East and Europe.

May 22, 2017
Blackstone Paying $2B For Permian Basin Gathering, Processing System

Blackstone Paying $2B For Permian Basin Gathering, Processing System

Midland, TX-based EagleClaw Midstream Ventures LLC and its sponsor, EnCap Flatrock Midstream, are selling the company to funds managed by Blackstone Energy Partners and Blackstone Capital Partners for $2 billion in cash.

April 17, 2017

Blackstone Makes $1.5B Bet on Two Permian-Based Explorers Targeting Midland, Delaware

Private equity giant Blackstone is going after the highly sought-after land in the Permian Basin, with $1.5 billion in initial commitments to back two experienced West Texas/New Mexico players.

August 26, 2016

Clarion Offshore Prowling For ‘Broad’ Energy Sector Investments, Blackstone Says

The Blackstone Group, whose energy arm has infused its private equity across the industry, has launched an investment platform for the offshore oilfield services sector that is led by former top executives with Pride International Inc.

February 16, 2016
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