The nation’s energy-focused PE firms may have found a hot market to make lucrative natural gas exits. But when it comes to global commodities trader Gunvor Group, expanding its natural gas strategy and asset portfolio is proving hotter than a firecracker in August. Not just in its trading sphere, but in U.S. shale gas acquisitions and investments....

When four young oil and gas bucks launched a small midstream startup in 2014, all eight eyeballs were focused on setting up camp in the Permian Delaware. To say a lot has changed since then, especially in the last five years, would be a gross understatement when describing Fort Worth-based Brazos Midstream. ...