Tag: oil fund

New Oil Fund boss can also cook

The executive board of Norway's central bank surprised just about everyone on Thursday, when its members named the wealthy Norwegian founder of an investment...

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...
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