Tag: oil fund

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...

Oil Fund wielded its clout over bank executives’ pay

Norway's sovereign wealth fund known as the Oil Fund has followed through on its decision to start using its clout, as a shareholder in...

Rates firm as critics bash oil fund use

The executive board of Norway's central bank has decided, as expected, to keep its key policy rate unchanged at 0.5 percent. Øystein Olsen, governor...

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