O&G Private Equity Investment Picks Up in Europe, Falls Off in US

Even with huge profits the likes of which haven't been seen since, well, maybe forever--fossil energy companies in the U.S. are still having a tough time attracting private investment money. According to the Wall Street Journal, private equity raised $2.98 billion across seven oil and gas funds in the first half of the year. That is 40% lower than the amount raised in 12 oil and gas funds for the first half of 2021--when prices for oil and gas were half what they are now. But over in Europe, private equity investment in oil and gas is picking up!

---

To view this content, log into your member account. (Not a member? Join Today!)