Investment

Newly formed Humble Midstream LLC said Tuesday it has secured an initial $300 million capital commitment from private equity firm EnCap Flatrock Midstream, aka EFM. “Based in Denver and formed in mid-2020, Humble Midstream is an independent energy company focused on acquiring and building midstream assets in conventional and unconventional plays across North America,” the…

The state-owned Abu Dhabi Investment Authority (ADIA) has acquired a 5.05% share in U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc., according to a Wednesday filing with the U.S. Securities and Exchange Commission. The sovereign wealth fund owns about 12.7 million shares of Houston-based Cheniere that are valued at about $648 million. Cheniere’s share…

Despite multiple headwinds currently facing Mexico, the long-term fundamentals underpinning the economy remain strong, according to BlackRock Inc.’s Juan Alberto Leautaud, head of Mexico Infrastructure Investment. As an infrastructure investor for the world’s largest asset manager, “I tend to think about the long-term…fundamentals of investments and assets, and in this case, a country,” Leautaud said…

The liquefied natural gas (LNG) export project in service on Quintana Island in Texas by Freeport LNG on Monday said it has secured all of the funding needed to add a fourth train.

Private equity heavyweights Sam Zell’s Equity Group Investments and Tom Barrack’s Colony Capital Inc. have formed a partnership to provide capital and asset management in the U.S. upstream oil and gas sector.

New Mexico’s oil and natural gas industry could attract as much as $174 billion in infrastructure investments through 2030 as its share of the Permian Basin continues to expand, according to an industry-backed study.

California Resources Corp. (CRC) said Tuesday it has partnered with a unit of Los Angeles-based Colony Capital Inc. to develop the producer’s flagship Elk Hills oilfield.

A Development Capital Resources LLC (DCR) subsidiary said Wednesday it is partnering in the Permian Basin via a $165 million joint venture (JV) to target oil and gas in the Wolfcamp formation.

Midland, TX-based Tall City Exploration III LLC, an exploration and production (E&P) company focused on the Permian Basin and backed by Warburg Pincus, said it has secured financing of up to $500 million from funds affiliated with the equity giant to pursue bolt-on opportunities in the basin.