NGP Energy Capital Management is exploring the sale of two Permian basin-focused oil producers which could collectively fetch the private equity firm more than $7 billion, people familiar with the matter said on Wednesday.
Saudi Aramco raised its multi-billion dollar investment in China by finalising and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group.
Malaysia's national oil company, Petroliam Nasional Bhd or Petronas, plans to expand its corporate venture capital arm by as much as $200 million as early as April, two sources with knowledge of the matter told Reuters.
Brookfield Asset Management is in exclusive talks to acquire a majority stake in Data4, in a deal that could value the data center operator at close to 3.5 billion euros ($3.8 billion) including debt, people familiar with the matter said.
Sumitomo Mitsui Trust Holdings will invest $1.5 billion in funds managed by Apollo Global Management, the Japanese firm said on Thursday, in a partnership ranging from private equity and real estate to infrastructure.