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Thursday, June 4, 2026

Tag: oil fund

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...

Oil Fund gushes with new record results

Norway's huge sovereign wealth and pension fund that's fueled by the country's oil revenues reported record results for last year. Commentators quickly reported that...

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