Tag: oil fund

Prudence prevails in use of Oil Fund

Even though Finance Minister Siv Jensen has tapped into more of Norway's oil revenues than any of her predecessors, to pad the state budget, the...

Oil Fund pumps up new tax principles

Norway's huge sovereign wealth fund, which has become a powerful investor around the world, is now launching what some call "a little revolution" in tax...

Oil Fund urged to cut stakes in alcoholic beverage production

Calls are going out for Norway's huge sovereign wealth fund, known as the Oil Fund, to cut its investment holdings in companies selling alcoholic...

Oil Fund asked to dump pipeline, coal

The president of Norway's Sami Parliament (Sametinget) accompanied women from the Standing Rock Sioux Tribe to a meeting in Oslo this week, where they appealed to...

Norway’s Oil Fund just keeps growing

Analysts and politicians weren't expecting much, but Norway's huge sovereign wealth fund known as the Oil Fund logged a good year last year. It...

Bank boss had to alter annual address

Norway's central bank boss Øystein Olsen had to make some last-minute changes in his important annual address on the economy Thursday evening. Just hours...

Government reins in Oil Fund use

Prime Minister Erna Solberg and Finance Minister Siv Jensen, who have transferred more money from Norway's Oil Fund to the state budget than any...

Oil Fund may invest more in stocks

Norway's huge sovereign wealth fund, known as the Oil Fund, wants to start investing more of the oil revenues it receives in the stock...

Oil can’t grease many more budgets

With less money flowing into state coffers from Norway's offshore oil fields, and the return on that money reduced as well, even Finance Minister Siv...

Oil Fund celebrates its first 20 years

Øystein Olsen has a lot to celebrate this week. He beat out all competition to keep his job as Norway's central bank chief for another six...
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