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Friday, June 5, 2026

Tag: oil fund

Oil fund faces ethical probe

Norway's co-called "oil-fund," one of the world’s largest sovereign wealth funds that prides itself on making ethical investments, is under investigation for violating OECD...

Oil fund may triple 2013 bonus payments

Bonus payments made this year to external managers of Norway's huge so-called "oil fund" may be triple the amount initially estimated in 2012. The...

Oil fund invests in more real estate

Norway's bulging sovereign wealth fund, more popularly known as the "oil fund," announced more purchases in the international real estate market last week. After...

Johnsen ‘must’ stem flow of oil money

Norwegian Finance Minister Sigbjørn Johnsen has a problem that many of his colleagues in other countries would love to have: Norway now has so...

Battered bank boss still smiling

Øystein Olsen, head of Norway's central bank, was still smiling this week, even after his proposal to further limit use of oil revenues was...

Reaction mixed to spending cut call

A call by Norway's central bank boss to spend less of the country's vast oil revenues is being greeted by decidedly mixed reaction. At...

Extra billions flowed into state treasury

Finance Minister Sigbjørn Johnsen suddenly found himself with tens of billions of extra kroner as the New Year began, that he hadn't expected. He...

Oil fund won’t exclude PetroChina

The Norwegian government is ignoring a recommendation from a state ethics council that it ban investments by Norway's oil fund in the Chinese oil...

State auditor scolds ministries

State Auditor Jørgen Kosmo was chiding several ministries, including the Finance Ministry, on Tuesday for what he and his team of inspectors called some...

Oil fund boss a long-term optimist

As chief of Norway's huge sovereign wealth fund, fueled by oil revenues, Yngve Slyngstad is one of the most powerful financial players in the...
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