Tag: oil fund
Oil fund sets new record as new chief looms
Norway's so-called "Oil Fund," fueled with oil revenues over the past 20 years, chalked up its best year ever last year, boosting its value...
Norway is ‘not as rich as it thinks’
Norway's central bank chief made some economically sobering remarks in his closely watched annual address to the country's elite Thursday evening. Even though the...
Oil Fund under new political pressure
Norway's huge Oil Fund is often used as the country's politically correct investor abroad. Now several Norwegian politicians want to also use it as...
Oil Fund milestone fuels rare praise
Even critical Norwegian newspapers had praise for Norwegian politicians over the weekend, after the country's enormous Oil Fund broke yet another record. "Congratulations!" editorialized...
Jensen defends her use of oil money
Finance Minister Siv Jensen has had to fend off lots of criticism since unveiling Norway's revised state budget for this year. Her decision to...
Oil Fund ‘sell-off’ sends mixed signals
NEWS ANALYSIS: Political intrigue fueled the Norwegian government's decision just before the weekend to sell off stock in companies devoted to oil exploration and...
Central bank chief backs oil industry
NEWS ANALYSIS: Norway's oil industry and its supportive Norwegian government have won backing from the country's central bank chief to keep on pumping and...
Frigate bill spurs new Oil Fund debate
Defense Minister Frank Bakke-Jensen told Parliament on Tuesday that attempts to raise the sunken frigate KNM Helge Ingstad will start Thursday and already have...
Revised budget taps less from Oil Fund
Finance Minister Siv Jensen has long wanted to invest more of Norway's oil revenues at home, in everything from better roads to more nursing...
Ministry delays decision on Oil Fund investing
Finance Minister Siv Jensen doesn't want Norway's huge sovereign Oil Fund to invest in unlisted shares, but her ministry is still evaluating whether it...
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