Profits from oil and gas production have increased due to crude oil prices Hover in high levelsbut the profit is not stable and tense political atmosphere has created a split among the largest private equity firms over whether investing in the sector is worth the headache.
Many public pension funds and private equity endowments have put pressure on their managers to stop backing fossil fuel producers and invest more in resources. cleaner energy. The boom and bust cycles of the energy market also lead to poor long-term investment returns.
