Vitol Group is reportedly in late-stage discussions to divest its shale oil venture, VTX Energy Partners LLC. A consortium comprising Carnelian and EnCap is said to be the potential buyer, signaling a significant transaction in the energy sector.
Vitol Nears Deal to Sell Shale Unit VTX Energy to Carnelian, EnCap
Vitolshale-oilM&Aenergy-sectorprivate-equity