Pressured by investors who expect to see higher returns after the oil price downturn, oil and gas companies are finding themselves without much incentive to invest in renewable energy technologies, according to fund managers and oil executives who spoke to Houston Chronicle at the CERAweek by IHS Markit in Houston. While energy companies are constantly pressured by the environmental movement to clean up their act, they are facing increased pressure from investors to churn profits—so investing in renewables, with unknown technology and regulations, is still too much of a gamble for the oil and gas companies, according to Marcel van Poecke, the head of Carlyle International Energy Partners, a fund launched in 2013 with US$2.5 billion that targets global opportunistic investments in oil and gas outside of North America. “A lot of investors want to be in renewables, but they want the same returns as in oil and gas,” […]