The reported late-stage talks would transfer Vitol Group's shale unit to a private equity buyer group led by Carnelian Energy Capital and EnCap Investments.
Vitol Group is reportedly in late-stage talks to sell VTX Energy Partners, its shale unit, to a private equity consortium of Carnelian Energy Capital and EnCap Investments. The development points to a potential transaction involving upstream oil and gas assets, with the buyer group made up of energy-focused private equity firms. The report indicates negotiations are advanced, though no deal terms, valuation, timing or final outcome were disclosed in the source.